BBVA Personal Online Loan
It's time to make your projects a reality
with direct deposit of your paycheck
With the best interest rate
To enjoy this interest rate, you only need to meet one of these conditions:
- Direct deposit at BBVA of your paycheck of a net monthly amount of at least €600.
- Direct deposit of your pension of a net monthly amount of at least €300.
Do you want it?
Requesting a BBVA Personal Online Loan is this simple:
- Fill out the application form.
- Send us the documentation we request.
- And if it's all correct, we'll deposit the money into your account.
You have the right to withdraw from the loan contract without incurring a cancellation fee for a period of 14 calendar days from the date you sign. We will refund the commitment fee to you, and you will only have to pay for the interest generated during those days.
For example: if you apply for a loan of €10,000 with an NIR of 7.20% over 8 years and decide to cancel it before the 14 calendar days, you will have to pay €1.97 for each day that has elapsed.
This example will make it clear
Example of a loan with direct deposit of your paycheck or pension
- Loan amount: €10,000
- Term: 8 years
- Interest rate: 7.20% NIR/8.28% APR
- Constant monthly payment: €137.33
- Commitment fee of 2.30%: €230
- Total amount: €13,481.47
The APR was calculated taking into account postage expenses: €0.70 monthly.
If you need to open a checking account exclusively for managing this loan, and if the conditions for having no maintenance fees on said account are not met, the fee will be €120 per year. Therefore, the APR of the loan would be 10.54% for a total amount of €14,441.47.
Remember that to enjoy the 1% discount on your Personal Online Loan, which is included in this example, you need to have one of these options deposited directly into your account:
- Paycheck of at least €600.
- A pension that is equal to or greater than €300.
You have 14 days to change your mind
Remember that you have the right to withdraw from the loan contract without incurring a cancellation fee for a period of 14 calendar days from the date you sign. We will refund the commitment fee to you, and you will only have to pay for the interest generated during those days.
Would you like more information?
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