Investment property loan
according to the financed project
Up to 30 years
From 7.4%
Credit Calculator For the amount > MDL 1 700 000
Annual interest rate
Effective annual interest rate
*Preferred customers – individuals who meet one of the following conditions: receive their salary and/or pension through BC “Moldindconbank” S.A. cards; good credit history; Premium customers, who have a World Elite card.
Why to choose the property investment loan?
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You get a loan of up to 100% of the value of the real estate, in case of additional guarantees.
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You benefit from an advantageous interest rate and transparent conditions.
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You refinance existing real estate loans at more favorable conditions.
How to get the loan
Resident of the Republic of Moldova: a citizen of the Republic of Moldova, a foreign citizen or a person without citizenship (stateless person), with permanent residence in the Republic of Moldova, who has an appropriate identity document, issued by the competent authorities of the Republic of Moldova, valid at the time of applying for loan.
Age between 20 and 70 ( age up to which the loan can be repaid).
Employed for at least 6 months and at the current job – for at least 4 months.
Investment property loan is granted:
For the purchase of residential property located in the Republic of Moldova and abroad.
For the construction (commissioning) of the residential property/house.
For the purchase of plot of land intended for construction and the construction (commissioning) of a residential property/house on it.
For the purchase of non-residential property and renovation (modernization) works in it.
For the purchase of plot of land intended for construction.
For the refinancing of loans with the above mentioned purpose, granted by other banks and/or other non-bank financial institutions from the Republic of Moldova.
Valid identity document.
No supporting documents are required for persons working at institutions that submit income information to the State Tax Service.
For persons working at institutions that are not required to submit information to the State Tax Service:
Bank statement from the salary card account (issued by any bank from the Republic of Moldova) or income verification letter.
Pensioner’s ID card with compulsory indication of current pension and bank statement of the account to which the pension is transferred.
Statement certifying the income obtained from licensed/authorized activities – for bailiffs, lawyers, notaries, interpreters and authorized translators, including the bank statement for the last 6 months.
Valuation report of the property being pledged drafted by a valuation firm approved by the Bank.
Loan security documents.
Other documents, as the case may be.
Compare loan products
financed project up to 100% of the project value
*Representative example (preferred customer): For a loan of 1 700 000 MDL, contracted for a period of 360 months, the annual interest rate (floating) will be 7,4%, monthly payment – 11 770,46 MDL, effective annual interest rate – 7,65%, and total amount to be repaid – 4 236 914,60 MDL.
We inform you that by contracting a loan you are responsible for its repayment. Thus, we recommend that you check your ability to pay.
Manage your money carefully. Make sure you pay your loan on time.
The asset proposed as pledge will be insured in favor of the Bank against all risks of loss and accidental damage, for the entire period of the loan. In case of non-presentation of the proof of payment (partial or full – as the case may be) of the insurance premium (insurance policy of the Real Estate and the confirmatory document of payment of the insurance premium) and/or the Insurer’s denial of the validity of the insurance contract will refuse to grant credit.
FAQ:
The customer can hold from one to several loans, depending on the monthly income earned and the proposed insurance.
The application can be submitted online, on the website or at any subdivision of the Bank.
The loan is repaid monthly through the mobile application, Web Banking, at Cash-In ATMs or at any subdivision of the Bank.
The money from the loan can be received in cash or by transfer to the current account at the subdivision where the loan application was submitted.
If you receive your salary/pension on the card issued by Moldindconbank, you benefit from preferential interest.
The interest is charged to the balance of the loan to date and is calculated daily from the date of disbursement of the loan up to and including the date of full repayment of debt on the loan, based on the 365-day calendar year (366 days in a leap year). If the Loan Agreement provides for a grace period for interest calculation, the interest is calculated from the date immediately following the last day of the grace period set out in the Individual Loan Agreement.
The floating interest rate shall be changed (both for increase and reduction) twice a year: on January 1 and July 1 of each year, depending on the change in the Reference Index, without the need to sign an additional agreement to the Contract.
For the period from July 1 to December 31, the loan interest rate shall be calculated on the basis of the Reference Index published by the NBM for the month of May of the current year.
For the period from January 1 to June 30, on the basis of the Reference Index published by the NBM for the month of November of the previous year.
The Bank shall inform the Borrower about the change in the Reference Index by publishing it on the Bank’s website www.micb.md and at all the Bank’s offices and, where applicable, sending the information through remote servicing systems (e.g. MICB web/mobile banking), 10 days prior to the effective date of the change.
At the same time, within 10 days after the change in the loan interest rate, the Bank shall send to the Borrower (by e-mail or through the remote servicing systems or postal services) the amount of payments to be made after the entry into force of the new interest rate. If the number or frequency of payments will be changed, the respective information is sent, too.
The debtor may repay the loan at any time, in advance, in whole or in part, without being charged with the early repayment fee.
If the date of payment according to the repayment schedule is a non-business day, the Borrower may make that payment on the immediately following business day, in which case the balance of the credit will be reduced on that date. At the same time, the Borrower may ensure the transfer of funds to the Current Account related to the credit opened with the Bank, on the business day prior to the date of payment according to the schedule, in order to reduce the credit balance exactly on the date indicated in the payment schedule and to further calculate the interest on the reduced balance.