We believe so. A guaranteed interest rate of 4.97% p.a. will be awarded to those who borrow more than 200,000 CZK for a maximum of 60 months. In order for the interest rate to stay so low, you must use our account during repayment. This means that you will pay 3 times a month with the card issued for it, and you will receive at least 1.5 times more money on it than your monthly payment. You will receive this interest on a new loan or refinancing, which, however, cannot include existing loans with us.

On the other hand, a rate of 3.99% p.a. can be obtained by clients who do not currently have a loan with us and want to borrow up to 100,000 CZK for a maximum of 48 months. The same rule applies to maintaining the interest as for the guaranteed interest, namely being active on your account.

You can apply for a loan with us if you are at least 18 years old, have permanent residence in Czechia, pay taxes here, and are not in a probationary or notice period.

We are happy to lend you any amount from CZK 20,000 to CZK 1,500,000.

You can usually repay the loan within 12 to 120 months. If you also have a mortgage, it will be a maximum of 96 months.

We will be happy to postpone your payment in a minute at any branch; just stop by and sign the application. You just have to apply by the end of the month preceding the payment. You can postpone your first payment after 10 months of regular repayments, and then every fifth payment thereafter. You can postpone your payments up to five times in total.

Yes, it is. No fees or other hidden surprises. Just keep in mind that postponing your payment will extend the term of your loan, which means you will pay a little more in interest.

Yes, you can; for example, before a vacation or when you are expecting larger expenses. Elsewhere, you can often only postpone your payment if you lose your job or have other serious problems, but we don't insist on anything like that.

However, you can postpone your first payment after 10 months of regular repayments, and then every fifth payment thereafter. You can postpone your payments up to five times in total.

That's no problem, of course. Just keep in mind that if you want to repay the loan from your own funds, you need to start the process at least 5 days in advance. You can, of course, transfer your loan elsewhere at any time.

You can easily arrange your early repayment application in Online Banking, but we can also take care of it for you. Just give us a call, contact us via email or data box, or drop by one of our branches.

Due to early repayment, we may incur certain costs that we might request to be reimbursed, for example as a result of the financial market situation and interest rate fluctuations. Naturally, these must be costs that are considered reasonably incurred — in other words, no inflated or unjustified charges. You will find out the exact amount as soon as you submit your repayment request.

The costs will never exceed 1% of the amount you want to pay us back, and if you have less than a year left to repay your loan, it cannot even exceed 0.5%. When you repay the loan from your insurance, we do not charge you anything.

Yes, of course. It is similar to early repayment of the entire loan.

• Such payment must be arranged at least 5 days in advance.
• You can apply for such payment easily via Online Banking, by phone, email, data box, or at our branch.
• Here, too, we may charge a fee for so-called efficiently incurred costs. You will find out how much it will cost during the application process.

You can find all the details in the answer to the previous question.

Above all, do not borrow elsewhere to make your repayments. This may create a dangerous debt spiral. However, you can try to refinance your loan and get more favourable terms or combine multiple loans into one.

Also, don't forget that you can insure your loan so that you won't be thrown off balance by any loss of income. You can find details about insurance here, and you can take out your insurance policy when you transfer your loan.

Even without insurance, we will help you solve your repayment problems. We know that anyone can run into such problems. To enable us to do this, please let us know as soon as possible if any difficulties are imminent. Just contact your banker or call 588 288 491.

What happens next?

• If we agree that you will send the payment a little later, we will leave it at that and no further procedure is needed.
• For problems lasting a month or longer, such as losing your job, we can postpone your payments. This will extend the term of your loan, so you will end up paying a little more in interest. But it's still better than the problems that would otherwise arise.
• We recommend that you discuss any foreclosure, insolvency, or other serious matter that could prevent you from making long-term repayments not only with us, but also with independent experts. Debt counselling centres or non-profit organisations can help you set up a budget, apply for social benefits, or resolve debt relief.

We would like to add that you are not automatically entitled to have your payments postponed due to repayment problems. It will be offered to you after careful consideration of your situation and only for as long as it is necessary. To speed up the assessment process, please have the necessary documents ready, such as confirmation of unemployment or incapacity for work.

What happens if you don't respond?

• If you do not respond and send us the payment as agreed, we will remind you by email and SMS. And just to be sure, we will also call you.
• At the same time, your loan will become more expensive due to the so-called default interest. This interest is set by law and currently amounts to 11.5% per annum of all outstanding debt. For the sake of clarity, we would like to add that you can find it in Government Regulation No. 351/2013 Coll. in its entirety.
• After a prolonged period of non-payment, we may then demand that you repay the entire loan or part of it immediately in a single payment. This is called acceleration, and we resort to it mainly when it appears that you do not want to repay your debt or are unable to do so in the long term, and you are not discussing the matter with us. We will always send you a reminder to pay the debt before taking this step, giving you 30 days to do so. 

Insurance will help you or your family if you are unable to repay your loan for some serious reason. When you take out a loan, we can offer you insurance for various life situations, from job loss to disability or death. Details about the individual options can be found on a separate page Insurance of Ability to Repay. Of course, you can get additional insurance later if it makes sense for you. Just remember that you need to do this before things go wrong.

Only a fee of CZK 1,500 for arranging the loan, which you can see in the calculator. If you simply repay the loan as agreed at the outset, you will not incur any additional fees.

For the sake of completeness, we would like to add that we may ask you to reimburse our costs if you repay the loan early or want to make an extra payment, and charge you for sending a request for additional payment if, on the contrary, you do not make your loan payments. You can find more information directly in the questions on these topics.

• Model PRESTO Loan - Loan Transfer Contract (PDF)
• Information on the agreement on financial services concluded remotely (PDF)
• Price List of Banking Services for Individuals - Non-Entrepreneurs
• Certificate of Income from Employment (PDF)
• Product Business Terms and Conditions for Loans
• Important documents about insurance