Limited time offer on BNF Bank’s Personal Loan
For a limited time, customers applying for a Personal Loan from BNF Bank will benefit from an interest rate of just 4.85% p.a. The advantageous interest rate consists of the Bank Base Rate, currently set at 2.50% p.a. and a spread of 2.35% p.a. resulting in an Annual Percentage Rate of Charge of 5.09%.
The BNF Personal Loan can be used to finance a wide range of personal requirements and projects. Depending on the purpose of the loan, customers can finance any of their personal projects by borrowing up to 100 per cent of the amount required. Additionally, one can benefit from lower monthly repayments by spreading the loan over a period of up to 10 years. Extra repayments may be made to settle the loan earlier without incurring any additional costs.
The Personal Loan is a flexible product that provides customers with solutions to upgrade their lifestyles. Customers can finance any personal requirements such as a car or boat, home renovations, wedding, overseas travels and a wide range of energy saving products such as photovoltaic systems, solar water heaters, double or triple glazing and energy efficient appliances.
"We strive to ensure that our product offering is competitive and beneficial to our customers. The Personal Loan offer, available for a limited period, is designed to help you achieve your passions and dreams. We'll assist you with the finances, so you can focus on everything else.'' said Melvin Pellicano, Head of Business Development Department at BNF Bank.
More information about the BNF Personal Loan, including terms and conditions, are available from the Bank's website www.bnf.bank. Clients may also contact Customer Care on 00356 2260 1000 or visit any BNF branch.
An unsecured Personal Loan representative example consists of a loan of €20,000 repayable over 7 years with a variable interest rate of 4.85% p.a. The loan will be repayable in 84 monthly instalments of €281.90, totalling €23,719.79 in addition to a €40 processing fee. The applicable Annual Percentage Rate of Charge (APRC) is 5.09%. Terms and conditions apply. The offer does not apply in conjunction with any other offer on the same product and in such a case, you will benefit from the better of the two offers. The loan is subject to the Bank's lending criteria. The Bank reserves the right to amend or withdraw these loan products from the market at any time, at its sole and absolute discretion and without any prior notice. BNF Bank plc is a credit institution licensed to undertake the business of banking by the MFSA in terms of the Banking Act 1994. Registered in Malta C41030 -203, Level 2, Rue D'Argens, Gzira, GZR 1368, Malta.