Ms Aleksandra, what ideas do Customers who come to the branch looking for an additional cash injection have?
The ideas are very varied! From renovating a bathroom or an entire apartment, through purchasing household appliances or a new car, to organising a dream holiday—for every season is a great time to discover the charms of our globe. Regardless of the size of the dream, however, we always try to help make it a reality. We offer products that meet the requirements of every Customer.
What products does VeloBank offer to those who apply for financing?
We have a wide range of cash and consolidation loans—one of our leading offers is a cash loan with an APR of 13.2% and a PLN 0 commission. The maximum loan amount is up to PLN 200,000, which is undoubtedly one of its advantages. To use the offer, you must not have had a credit relationship with VeloBank during the previous six months and must hold or open a VeloKonto, while declaring a monthly inflow of at least PLN 2,000 into the account and making at least five monthly payments with the card linked to the account or via BLIK. Finally, you need to provide marketing consents (including for SMS, email and telephone contact), if you have not already done so—and that is it! Dreams do not come true by themselves; sometimes they need a little help. This is why our Customers often use a cash loan from VeloBank.
And what does repayment of such a liability look like? Are the costs really minimal?
The first instalment can be deferred by up to three months and the loan can be repaid in convenient instalments over a period of up to 10 years. The borrower decides whether they want to repay it sooner or prefer to spread the payment over a somewhat longer period.
Can Customers with other liabilities also afford to use the product under discussion?
Of course! People who have another loan or credit liabilities can consolidate them. This is a much more convenient solution for the Customer, who will pay just one instalment to one bank instead of several monthly instalments.
And if I work abroad, can I also apply for a loan?
Yes, this is possible. If a person is employed under an employment contract, during the application process they should provide a certificate of employment/employment contract and confirmation of account inflows from the last six months (accepted only for an account at a Polish bank). Naturally, we analyse each case individually, which is why I encourage you to visit our branches and speak with professional advisors.
Thank you for the conversation, and I invite Customers to visit the VeloBank branch and take advantage of the offer.
VeloBank S.A.
Partner Branch
3B Grunwaldzka Street
59-700 BOLESŁAWIEC
tel. 517 565 158
Branch location:
Legal notice: The Annual Percentage Rate (APR) is 13.2%. The total loan amount (excluding financed costs) is PLN 47,300, the total amount payable is PLN 72,771.74, the variable interest rate is 12.49%, and the total cost of the loan is PLN 25,471.74 (including: PLN 0 commission, PLN 25,471.74 interest, PLN 0 fee for maintaining the VeloKonto and servicing the card linked to the account during the loan term), consisting of 89 equal monthly instalments of PLN 817.66 each. The calculations were made on 17 November 2023 based on a representative example.
You can use the cash-loan offer if: you have not had a cash loan or consolidation loan with VeloBank S.A. during the last six months; you have active marketing consents (including SMS, email and telephone contact); and you declare that throughout the loan term you will meet the offer condition, i.e. you will hold a VeloKonto, ensure a monthly inflow of at least PLN 2,000 into the account and make at least five payments with the card linked to the account or via BLIK each month. If you do not meet the offer condition, from the following month we will increase the loan interest rate by 2 percentage points until you meet the condition again.
The granting and amount of the loan depend on the results of an examination and assessment of your creditworthiness. When applying for a cash loan, you may take advantage of a grace period for repayment of the first instalment of between one and three months; in that case, the cost conditions of the loan will change. During the grace period, you do not repay the principal or interest. The payment date of the principal-and-interest instalment will be specified in the agreement.
Maintaining a VeloKonto means maintaining a payment account. Detailed offer conditions, including fees and commissions, are available at Bank branches and at velobank.pl. This content does not constitute an offer within the meaning of Article 66 of the Civil Code and is for information purposes only. The credit intermediary is authorised by VeloBank S.A. to conclude, in the name and on behalf of the bank, agreements for consumer credit and bank accounts and to perform factual activities related to the indicated agreements. The product is offered by VeloBank S.A.