PRESTO Loan - Loan consolidation

• Optimise your finances and pay less or get more
  
• We will settle the penalties for early repayment of your existing loans (in the case of arranging payment protection insurance and a current account)
• Option to obtain additional resources
• Option to postpone the instalment up to five times (the earliest opportunity is to postpone the tenth monthly instalment)
• Option to repay the entire loan or a part thereof early with no penalty
• Payment protection insurance with choice of insured risk
• You can get the loan with a single visit to the bank
  

• Loan amount between CZK 30,000 and CZK 1,000,000 (above CZK 250,000, a co-applicant may be demanded)
• Interesting interest rates
• Optional maturity period 12 - 84 months (above CZK 600,000, even 96 months)
• Interest rate guaranteed throughout the loan repayment period
  

If you are more than 18 years old, have a permanent address and income in the Czech Republic, are not in a probationary or notice period, and have a telephone contact, you can file an application for the loan br>

Step 1 - Visit a branch and present the following documents:

• ID card and second form of identification
• Documentation of the existing loans which you wish to consolidate (e.g., account statements from which instalments are paid, credit card statements, loan agreements)
• In the event of settled or reduced joint property of spouses, a document demonstrating this fact
  

Step 2 - We will prepare the application for a PRESTO Loan with you, and based on your consent, we will check the credit registers.

Step 3 - If your application is approved, we will prepare a loan according to your demands, sign the Contract for the PRESTO Loan, and the next month you can pay less.

• One-off fee for a loan extension is CZK 1,500

• At all UCB branches
• Franchise business places
• Partners banking services

What fees will I pay?
In order not to increase the price of the loan and reflect it in the interest rate, we have kept only the initial fee of CZK 1,500 for loan arrangement.
 
Do I need a co-applicant?
For loans above CZK 250,000, we can require a co-applicant. For joint property of spouses, a signature of affirmation by the other spouse is required, unless he/she is already the co-applicant of the relevant loan.
 
Why should I arrange payment protection insurance?
Insurance will protect you against unexpected life situations, e.g. in the event of long-term hospitalization, loss of job, etc.
 
How do I apply for instalment postponement?
Just visit the bank and sign an application for instalment postponement. You must do so no later than the last calendar day in a month to have the instalment postponed in the following month. The instalment is postponed including the interest rate. It is possible to apply for a postponement of instalment not earlier than after 10 months of due repayment. The instalment can be postponed free of charge up to five times during the repayment period.