Title : ASPIS BANK Open Credit

The financing plan that offers you from €1,500 up to €30,000 quickly and easily, to cover unexpected or standard personal expenses. A revolving credit limit that you can use at your discretion.

Loan Purpose
This loan is offered to cover standard or unforeseen personal expenses. No supporting documentation such as invoices or receipts is required.

Loan Amount
The amount of the loan ranges between €1,500 and €30,000.  For larger amounts, collateral security is required

Loan Duration
Indefinite

Loan Rate
Base rate (variable): 9% + client margin
The client margin ranges between 1% and 5% depending on your financial means and the amount you applied for.

Monthly loan instalments
You have 4 options:
• 1,5% of your outstanding balance  with a minimum payable amount of € 15
• 2,0% of your outstanding balance  with a minimum payable amount of € 20
• 2,5% of your outstanding balance  with a minimum payable amount of € 25
• 3,0% of your outstanding balance  with a minimum payable amount of € 30

Bonus Program
Clients consistent in payment of instalments and exclusive of early loan repayment are rewarded by a 10% refund of the interest accrued annually, reimbursed at the loan’s completion

Flexibility in Arranging your Monthly Loan Instalments
• Ability to increase or decrease your minimum monthly instalment depending on your financial needs
• Ability to select among certain dates available  for making your minimum monthly payment: on the 1st ,15th , 20th of each month, or a monthly payment in accordance  to the date of withdrawal with the option to change the date of the instalment to suit your needs
• Ability to defer the payment of up to two instalments (even two consecutives) per year. Not applicable during “period of reprieve” (option to take breaks from your loan repayments), if any.
• Ability to make any additional installments should you choose to decrease your outstanding balance 
• Early partial or full loan repayment at no extra cost

Added Benefits
• ASPIS BANK VISA, free of annual fees for 1 year
• Option of either withdrawing the entire amount approved or making partial withdrawals and paying interest according to the amount you use and the duration of usage
• Approval within 1 day
• ASPIS BANK DEBIT VISA, for deposits - withdrawals and purchases at VISA affiliated stores
• Free automatic deposit account debit
• Monthly balance statement
• Early full or partial repayment at no additional cost
• Use of the Bank`s networks for making minimum monthly payments
• Ability to monitor your loan through the online banking & phone banking services  

*All the above-mentioned interest rates, do not include a surcharge of 0,6%, applicable in accordance with L. 128/75.