What do I get?

GIFT FOR THE NEW HOUSE
7% discount on Ajusto for arrangements. See details

FAST FINANCIAL APPROVAL
Find out on the spot, at the unit, exactly how much you get from the bank and you have 45 days to quietly look for your house.

INTEREST DISCOUNT
when receiving your salary in your BCR account and choosing a protection package offered by BCR Life Insurance

TIME SAVED
Send the house documents directly through the CASA MEA app and make fewer trips to the bank. In addition, you know the status of your file at any time.

PROTECTION IN UNEXPECTED SITUATIONS
You sign up for optional insurance and you are protected in case of unemployment, extended medical leave, total and permanent disability.

LOWER COSTS WITH LIFE INSURANCE
The bonus applies to the loan balance, and with insurance you will have lower costs each month.

INTELLIGENT SHOPPING
up to 60 interest-free instalments at IKEA and up to 12 instalments at other retailers, nationwide and abroad

I want to know more

Intelligent choices start with fewer trips to the bank and end with you at home. With Casa Mea loan.

●      With fewer trips to the bank, through the CASA MEA app you can send the documents online, know the status of your file at any time, find out instantly when you have the approved credit and communicate with us via live chat.

●      The loan with a 3.48% variable interest rate over the entire loan period, if you collect your salary in the BCR account*.

You can choose between the variable interest rate for the entire credit period and the flat interest rate within the first 5 or 10 years and later variable. Get more information on Interest Rates and Fees.

The loan is granted for the purchase of a home and for the refinancing of other real estate or mortgage loans, whether they are at BCR or another bank.

The minimum contracted amount is RON 45,000 and the maximum amount you can get is up to 85% of the investment value, for a maximum period of 30 years.

Minimum down payment:

●      between 15% and 40% of the investment value depending on the locality of the property and customer profile

●      0% in the case of loans granted for the refinancing of other mortgages/real estate loans in progress

Arrange the house with the BCR - IKEA credit card with up to 60 interest-free installments at IKEA and up to 12 installments at other retailers, in the country and abroad. Find out complete information about the BCR - IKEA credit card.

Apply for the CASA MEA loan from BCR and fulfill your biggest dream!

*Representative example for a CASA MEA loan with flat interest rate 5 years later variable, calculated for a RON 300,000 credit for 300 months (25 years):, ZERO credit analysis and administrative fee, Appraisal fee RON 370 including VAT (apartment); Flat interest in the first 5 years: 4.48% / year, subsequently variable: 3,48% / year (IRCC + 2.8%): Fix instalment during first 5 years: RON 1,515/month, then variable RON 1,663 / month; Total payable amount: RON 460,309; EAR = 4.19%. In case you do not (any longer) receive your income in the BCR account, for the same credit: The interest is fixed in the first 5 years: 4.88% / year, then the variable 3.88% (IRCC + 3.2%); Flat instalment in the first 5 years: RON 1,733 /month, then variable RON 1,731 /month; Total payable amount: RON 520,318; EAR = 5,02%. (IRCC = 1.08% valid until 31.12.2021).

casa-mea

Eligibility requisites

Minimum age: 18 years
Maximum age, condition verified when granting the loan: 60 years / 63 years / 65 years / 70 years *

Minimum income: RON 1200

Continuity: 3 months for customers with banking products or 6 months for new customers in the non-bank banking / financial market

Employment contract for an indefinite or fixed period (if the credit period is covered)

Other conditions / criteria: without seizures and arrears.

  • maximum age at final maturity retirees: 70 years;
  • maximum age at final maturity male employees: 65 years;
  • maximum age at the final maturity of female employees: 63 years;
  • maximum age at final maturity employees of MAI, MApN, SRI, SIE, SPP, Gendarmerie, penitentiaries or other special units (active military personnel, police officers, etc.) whose income is not reported in the ANAF databases, who are under provisions of special retirement laws: 60 years;

How much do I pay?

ZERO FEES
for the CASA MEA app

ZERO FEES
for credit analysis and management

FLAT INTEREST RATE
within the first 5 or 10 years

VARIABLE INTEREST RATE
IRCC* + flat margin/year

Find out more information about Interest Rates and Fees

* Reference index for loans granted in national currency

Repay the loan in advance with George 100% online

It's more intelligent to pay your installments in advance as much as your budget allows you, from wherever you are.

Loan Calculator

Use this loan calculator to find out what your monthly instalment will be

How do I get MY HOME loan?

1

PRELIMINARY ANALYSIS Just come to us, we do a calculation for you and you sign the credit application. At the same time, we tell you more about the CASA MEA app, through which you can send us, directly from your phone, the necessary documents for analyzing your file.

2

FINANCIAL ANALYSIS We analyze your credit file and let you know about the maximum amount you can borrow. Take a short trip to the bank, sign the offer and start looking for your dream house.

3

PROPERTY ANALYSIS With a little luck, you have found the house you wanted! At this stage, we analyse the documents of the house, which you can upload directly to the CASA MEA app, without coming to the bank. What documents? You can find complete information in the app. Also at this stage, you pay the appraisal fee, and an ANEVAR member valuer will appraise the house you want to bring as collateral.

4

CREDIT APPROVAL Congratulations! Your credit has been approved. It's time to talk to the notary about the sale-purchase contract and come to us to sign the credit, collateral and insurance policies. Then, ask the notary to register the mortgage with the National Agency for Cadastre and Land Registration and get an excerpt from the Land Register and a mortgage record that you can upload directly to the CASA MEA app, as it is required by the bank.

5

PAYMENT TO THE SELLER Don’t worry, we make the payment to the seller. From now on, you have all the time to upgrade your home with the BCR-IKEA credit card, with up to 60 interest-free instalments!

Required documents

1. Valid ID CARD (in original), for you and other credit participants

2. Documents you can upload directly to the CASA MEA app, from your phone or computer:

2.1. Income documents

If your income is reported to ANAF and collected in a BCR current account:

•           No income-related documents (just a signed Inquiry Agreement for ANAF)

•           In case your current income is higher by over 20% than the income of the previous year, BCR will request additional documents

•           In case you get your income from pensions, it is required to submit the Certificate of permanent retirement

If your income is not reported to ANAF (employees of MAI, MApN, SRI, SIE, SPP, Police, Gendarmerie, penitentiaries or other entities with special designation) must produce:

•           Certificate of employment (only if customer does not collect his/her salary in a BCR account)

If your pension income is not reported to ANAF:

•           Recent pension slip or a bank account statement

•           Certificate of permanent retirement

2.2  PROPERTY PROPERTIES of the home you will purchase

Discover in the CASA MEA app the list of necessary documents, see where you can get them and upload them directly from your phone, as soon as you have them! Otherwise you may request in any BCR branch the complete list with the documents required to obtain the credit, personalised according to the destination of your credit!

Additional information

To get the CASA MEA loan, you need to secure a real estate collateral in favour of BCR as follows:

  • Mortgage constituted in favour of the bank on the purchased/built/rehabilitated/modernised/reinforced/expanded property by credit or, as applicable, the real estate under which the refinanced credit was secured and, in addition, if applicable, another property on Romania’s territory (in case of mortgage loans)
  • Mortgage constituted in favour of the bank on a property other than the one purchased/built/rehabilitated/modernised/reinforced/expanded by credit or, as applicable, the real estate under which the refinanced credit was secured on Romania’s territory (in case of real estate loans) 
  • To put your property up as collateral in favour of BCR, it is required to have the respective property appraised by an authorised valuer, who is a member of the National Association of Romanian Valuers
  • The appraisal entails the payment of a valuation fee, which depends on the tariff practiced and communicated by the valuer. The appraisal fee is paid either to BCR or directly to the valuer, depending on your option for the appraisal method: by a valuer who signed a collaboration contract with BCR or by your preferred valuer who will sign a terms of service contract with you
  • By way of example, but not limited to, the following properties are NOT accepted by BCR as collateral:
    • Real estate classified under seismic design categories I and II (class I/II), based on the list drawn up by the City Hall or authorised experts. All properties registered under other categories of earthquake risk (class III and IV) may be accepted as collateral. If a building is technically valued but not classified under a seismic design category or is registered under a seismic risk emergency category (U1, U2, U3), then the building must be classified according to seismic design categories (class I, II, III or IV). This classification must be carried out by an authorised expert with technical expertise
    • Low-comfort apartment buildings (III and IV), social housing properties that are not fully equipped (example: no kitchen, shared bathroom, etc.). The minimum useful floor areas to be considered comfort II or higher are: for a one-bedroom apartment (studio) – min. 23 sqm; for a 2-bedroom apartment – min. 36 sqm; for a 3-bedroom apartment – min. 48 sqm; for a 4-bedroom apartment – min. 60 sqm; for a 5-bedroom apartment or larger – 10 sqm for each room will be added to the required minimum useful floor area for a 4-bedroom apartment. The subunit values are mathematically rounded (0.5 or greater is rounded up, and below 0.5 it is rounded down). These minimum useful floor areas do not include the balcony/loggia 
    • Buildings that are refused cover by insurance companies or are imposed additional clauses/franchises or exclusions of insured risks

Mandatory insurance:

•           Mandatory home insurance (PAD) – is required to get the loan and is assigned in favour of BCR

•           Optional home insurance – stands as the loan’s collateral and is assigned in favour of BCR. Moreover, we come to your assistance and offer you the possibility to sign the optional home insurance on the premises of BCR, valid for the whole loan period, with OMNIASIG VIG. However, you can also choose another insurance company if you wish

Optional insurance:

•           Optional BCR Life Insurance (for a fee) provided that the eligibility conditions set by the Insurer are met

•           Optional complex insurance (for a fee) that covers you in case of unemployment, extended sick leave and total and permanent disability (provided that the eligibility conditions set by the Insurer are met)

•           Optional insurance for critical illness and partial and permanent disability (for a fee) that covers you in the risk of myocardial infarction, cancer, cerebral vascular accident, partial and permanent disability (provided that the eligibility conditions set up by the Insurer are met)

If you purchase the optional insurance services offered by BCR Life Insurance, you can benefit from an additional discount for the contract interest of up to 0.30 p.p., valid for the period you keep the respective insurance.

You can choose any insurance company authorised by the Financial Supervisory Authority (former Insurance Supervisory Commission).

The obligation to insure the assets presented as collateral is valid for the entire duration of the loan, during which you must prove the signing of the insurance contracts and assign the rights deriving from the insurance in favour of BCR. 

The insurance policies for the collateral assets and proof of payment of the insurance premiums are assigned to BCR until full repayment of the amounts due in relation to the loan. Otherwise, BCR will conclude new insurances on your behalf and recover the related amounts from your accounts.

If during the period of the loan you decide to terminate the optional insurance, it is your duty to notify BCR of this decision and you will no longer be insured for the events specified in the life insurance/complex insurance/insurance for critical illness. In addition, if you terminate BCR Life Insurance, we apply a current interest rate without discount.

Loan repayment is carried out in monthly equal instalments, in a standard or credit running current account, depending on your option.

During the contract, you can at any moment repay the loan in advance, in part or in full. We recognise this right without requiring you to pay a certain minimal amount or a certain number of instalments. In case of partial early repayment, you have the right to choose from the following options:

 (1) reduction of the monthly instalment value and keeping the initial credit period

 (2) keeping the monthly instalment value and reduction of the initial credit period

 (3) reduction of the monthly instalment value and the initial credit period

If you opt for full or partial early repayment of the contracted loan, the prepayment fee will be 0.

  • when receiving your salary/pension in a BCR account
  • when not receiving your salary/pension in a BCR account

Offer valid until 31.12.2021

* If you purchase the optional life insurance and complex insurance offered by BCR Life Insurance, you can benefit from an additional discount for the contract interest of 0.20 p.p., valid for the period you keep the respective insurance

With the CASA MEA loan with flat instalments for the first 5 years, you know how much you pay monthly, you can plan your budget well and you are protected during this period against the fluctuations of the reference index for loans granted in national currency.

After the flat interest rate period (5 or 10 years) follows the variable interest rate, which changes quarterly, independently of BCR, according to the evolution of the Reference index for loans granted in national currency. Because of this fluctuation, the value of your monthly instalments will rise or fall.

The variable interest is made of the Reference index for loans granted in national currency, plus the flat margin/year (at the percentage shown in the table). As such, after the flat interest rate period (5 or 10 years) follows the variable interest rate, which changes quarterly, independently of BCR, according to the evolution of the Reference index for loans granted in national currency. Because of this fluctuation, the value of your monthly instalments will rise or fall.

The Reference index for loans granted in national currency is applicable for loans in lei (RON) with variable interest and it is the interest rate calculated based on the transactions made on the interbank market, in accordance with the applicable legal provisions. The Reference index is published on the last working day on the website of the National Bank of Romania, being posted on the BCR website (www.bcr.ro) and in all BCR branches too.

The Reference index for loans granted in national currency and your income may vary over the duration of the loan. Thus, if the Reference index increases or your income decreases, credit repayment obligations may increase. Therefore, before taking any decision to borrow, please assess the implications of the loan carefully and make sure you can repay it on time.

**EAR is calculated according to the presented conditions and it does NOT include the following costs/fees:

The cost of mandatory property insurance and optional insurance for non-payment financial risk, respectively:

  • Mandatory home insurance (PAD)
  • Optional insurance of the property/properties constituting the credit collateral
  • Fees charged by third parties that are not known to BCR:
  • Notary fees for authentication and the fees for tabulating the sale-purchase contract and the property mortgage contract
  • Cost for appraising the collateral by a valuer that is not contracted by BCR, according to the option expressed by you

Fees charged by BCR for services provided at your request:

  • One-time fee: RON 90 for services provided on the request date of the borrower/co-owner/co-owners in the list of tariffs and services displayed at the headquarters of BCR

Penalty interest: is the interest you will be charged if you do not pay the amounts owed to BCR at the agreed due date from the loan contract.

For the cost of services other than those listed above, please refer to BCR's Standard fees for individuals available in any BCR branch.

  • when receiving your salary/pension in a BCR account 
  • when not receiving your salary/pension in a BCR account

Offer valid until 31.12.2021

* If you purchase the optional life insurance and complex insurance offered by BCR Life Insurance, you can benefit from an additional discount for the contract interest of up to 0.20 p.p., valid for the period you keep the respective insurance

With the CASA MEA loan with flat instalments for the first 5 years, 10 years respectively, you know how much you pay monthly, you can plan your budget well and you are protected during this period against the fluctuations of the reference index for loans granted in national currency.

After the flat interest rate period (5 or 10 years) follows the variable interest rate, which changes quarterly, independently of BCR, according to the evolution of the Reference index for loans granted in national currency. Because of this fluctuation, the value of your monthly instalments will rise or fall.

The variable interest is made of the Reference index for loans granted in national currency, plus the flat margin/year (at the percentage shown in the table). As such, after the flat interest rate period (5 or 10 years) follows the variable interest rate, which changes quarterly, independently of BCR, according to the evolution of the Reference index for loans granted in national currency. Because of this fluctuation, the value of your monthly instalments will rise or fall.

The Reference index for loans granted in national currency is applicable for loans in lei (RON) with variable interest and it is the interest rate calculated based on the transactions made on the interbank market, in accordance with the applicable legal provisions. The Reference index is published on the last working day on the website of the National Bank of Romania, being posted on the BCR website (www.bcr.ro) and in all BCR branches too.

The Reference index for loans granted in national currency and your income may vary over the duration of the loan. Thus, if the Reference index increases or your income decreases, credit repayment obligations may increase. Therefore, before taking any decision to borrow, please assess the implications of the loan carefully and make sure you can repay it on time.

**EAR is calculated according to the presented conditions and it does NOT include the following costs/fees:

The cost of mandatory property insurance and optional insurance for non-payment financial risk, respectively:

Mandatory home insurance (PAD)

Optional insurance of the property/properties constituting the credit collateral 

Fees charged by third parties that are not known to BCR:

Notary fees for authentication and the fees for tabulating the sale-purchase contract and the property mortgage contract

Cost for appraising the collateral by a valuer that is not contracted by BCR, according to the option expressed by you

Fees charged by BCR for services provided at your request:

One-time fee: RON 90 for services provided on the request date of the borrower/co-owner/co-owners in the list of tariffs and services displayed at the headquarters of BCR

Penalty interest: is the interest you will be charged if you do not pay the amounts owed to BCR at the agreed due date from the loan contract.

For the cost of services other than those listed above, please refer to BCR's Standard fees for individuals available in any BCR branch.

Fees charged by third parties that are not known to BCR:

  • Notary fees for authentication and the fees for tabulating the sale-purchase contract and the property mortgage contract
  • Cost for appraising the collateral by a valuer that is not contracted by BCR, according to the option expressed by you

Fees charged by BCR for services provided at your request:

  • One-time fee: RON 90 for services provided on the request date of the borrower/co-owner/co-owners in the list of tariffs and services displayed at the headquarters of BCR

Penalty interest: is the interest you will be charged if you do not pay the amounts owed to BCR at the agreed due date from the loan contract.

For the cost of services other than those listed above, please refer to BCR's Standard fees for individuals available in any BCR branch.

Please find more information on fees in the document Fees and commissions CASA MEA BCR

  • The CASA MEA loan is granted in RON, but if your income or, if applicable, the resources securing the credit repayment are in another currency at the time of credit contracting or are changed during its execution from RON into another currency, we inform you that you are or may be exposed to a foreign currency exchange rate risk. In that case, the possible fluctuations of the foreign exchange rate could affect your monthly payment obligations
  • BCR also takes into account other types of income: revenue obtained by customer from independent activities, other fixed-term revenue collected by individuals (from other sources), revenue obtained from individual employment contracts / seafarers' boarding contracts, other revenue (life annuity, doctoral, postdoctoral scholarships, etc.)
  • Your income may vary during the credit period. That is why a prudent conduct is extremely important; for instance, it is crucial to make sure you will be able to repay your monthly instalment even if your income decreases
  • During the period the interest applicable to your credit is variable, according to the above mentioned, the variation of the Reference index for loans granted in national currency could result in a change of your monthly payment obligations 
  • The default payments, according to your contractual obligations, could have serious implications, from getting reported to the Credit Bureau and the Credit Risks Central Office, with all the consequences derived from that, to the foreclosure of the goods put up as collateral, and your patrimony and/or your Co-signer’s and/or Guarantor’s in case the amount resulting from the collateral execution is not enough to cover the entire receivable.

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