DNB bankas offers you consumer loans. These are loans granted with up to 5- year maturity in LTL, USD and EUR. These loans are provided to customers who legally reside in the Republic of Lithuania on a permanent or temporal basis, and earn reasonable and regular income.
Purpose of consumer loans:
- Consumer needs
Maturity of Credits
- Maximum five years
Maximum amount of Credit
- Total amount of Credits per single Borrower of the credit without securities and indemnity (except pledge of the account, established in credit agreement) including his/her household members shall not exceed LTL 40 000
Repayment and payment of interest of Credits
- Credits are started to repay no later than next month after the signing date of Credit agreement and are repaid every month together with the interest on the last day of every month applying linear or annuity method of Credit repayment. In case Credit repayment and interest thereon payment day is official holiday day or non-business day, maturity termination day is the last business day before official holiday or non-business day;
- Fixed interest is set for Credits;
- Repayment of Credits and payment of interest thereon based on the line method:
- Credits are repaid by equal installments monthly;
- interest is paid on a monthly basis.
- Repayment of Credits and payment of interest thereon based on the annuity method:
- Credits are repaid and interest thereon is paid by equal installments at least monthly, where an installment means an amount of the Credit repayable and interest payable on a monthly basis.
Other conditions
- In case the Borrower of the credit has a spouse the latter is included in the credit agreement as a co-borrower (solidary person), even if hes/his income was not calculated evaluating borrower of the Credit. In other cases as co-borrowers have to be included all individuals, whose income was calculated, evaluating borrower of the Credit;
- Over the effective period of the Credit agreement borrower of the Credit monthly transfers his/her earnings paid by his/her employer to payment card account or another bank account of the borrower of the Credit and the borrower of the Credit gives the Bank a written consent to debit all amounts payable to the Bank under the Credit agreement from these accounts of the borrower of the Credit;
- Co-borrower of the Credit is recommended over the effective period of the Credit agreement to transfer his/her earning paid by his/her employer to payment card account or another Bank account.
Documents to be submitted to the Bank:
- Loan application;
- Passports of a customer and its spouse and copies of the last two pages of these passports;
- Documents evidencing financial sources for timely repayment (state social insurance certificates, employer's certificate on income earned over the last 12 calendar months, etc.);
- Other unspecified documents that can be necessary for loan decision - taking.
