OverdraftOverdraft

With your overdraft in BCR, you have a cash reserve of up to 6 gross net salaries, with no need for collateral and a simplified documentation. You have permanent access to your money and can use it as you want. Come with your salary in BCR and enjoy all the overdraft advantages! No convention has to be signed between BCR and your employer.

Ceiling: minimum 500 lei and 40.000 lei no more than  6 net salaries, according on 24 months  
Upon determining the ceiling of the overdraft the monthly payment obligations for the credit requested is considered made of the total interest calculated for a month.

Minimum income: 500 lei

Co-payers: maximum 1 internal co-payers1

Period of granting the overdraft: 24 months  

 

Interest 13,43% (ROBOR 3M + margin product by 10.99[1] percentage points)

Interest penalty above the current interest: ROBOR 3M + margin product by 10.992 percentage points + 5 percentage points

Commissions:

  • analysis fee for the first grant ceiling = 0 lei
  • analysis fee for subsequent award ceiling = 25 lei
  • prepayment fee = 0 lei

 

Advantages

  • Easy to obtain - from any BCR territorial unit on the basis of the certificate of revenues and the account excerpt (in case of transfer of the salary rights in the last 3 consecutive months in a current account opened at BCR)  
  • Security and Protection for your family, in case of choosing life insurance coverage from BCR Asigurari de Viata Vienna Insurance Group SA
  • Financing without submission of guarantees and without the need to justify the money destination  
  • Permanent 24/24 hour access to the money, by suing the debit card attached to the current account   
  • Multiple functions - cash withdrawal, payments to retailers, payment of the utility bills
  • Re-chargeable - to the extent of the reimbursement of the sums used, these can be used once more  
  • possibility of anticipated reimbursement (partial or total) of the sums used without charging an anticipated reimbursement commission
  • Dynamic - deduction/maintenance of the ceilings granted according to the evolution of the monthly crediting with salary rights of the current account  
  • Zero commission by using the card at the payment of goods and services, for retailers accepting card payment  

Documents

  • Identity document  
  • Fiscal statement[1]for the previous year (original or copy) with the official employer’s stamp, as the case may be;
  • Salary certificate (BCR template or other templates including the information requested by the bank)/current account statement/BCR card/other bank for the last 3 month)
  • Utilities bill[2] (for the previous month or for at most 3 months before the credit request)

Valid identity documents will be presented for the applicant and his husband/wife.

Income documents will be presented for the applicant and co-payer(s).

[1]Internal co-payers borrower is a family member or other person (who has the same domicile / residence of the borrower) and whose income is actually taken into account in determining repayment ability and credit contract signing as a co-payers

[2] Product margin without life insurance coverage is 13,99 percentage points

[3] Product margin without life insurance coverage is 13,99 percentage points

Interests

Ceiling value

10.000 RON

Calculation period

24 months

Interest

variable depending on the reference index ROBOR 3M valid on 31.12.2013 amounting to 2,44% plus a fixed margin of 10.99 percentage points bank

Commission of analysis

0

DAE (%)

15,01%

Commissions:

  • analysis fee for the first grant ceiling = 0 lei
  • analysis fee for subsequent award ceiling = 25 lei
  • prepayment fee = 0 lei
  • single fee for the services ranging from the request of borrower/co-payers borrower = 90 lei