Caixa Geral de Depósitos offers six types of personal credit to its clients, each with its specifics and targeted to specific consumer profiles.
CGD personal credit has different purposes, with different conditions and advantages. The objective of this diversification is the possibility for clients to choose the type of financing they wish, depending on the purpose of the same, and to benefit from exclusive conditions.
For its personal credit customers, Caixa provides life insurance, which liquidates the loan in case of death or absolute and definitive disability of the insured person, by accident or by illness, as well as a credit protection insurance, which guarantees the payment of benefits in the event of sick leave or involuntary unemployment.
Personal Credit Multipurpose
First and foremost, it is worth pointing out the Personal Multifinality Loan, which allows the personal projects of each client to be realized: to travel, to buy a new computer, appliances, to buy works of art or land.
The amount of funding can vary from € 2,000 to € 5,000 for payment periods up to 48 months, or more than € 5,000 for terms up to 120 months.
The interest rate can be fixed (between two to 10 years) or variable indexed to the 12-month EURIBOR. The client may choose to defer capital as a reimbursement modality if he so desires. Finally, the client can still establish bail or pledge of financial application as guarantee of the financing.
This personal credit is, in essence, a Multi-purpose Loan, but with the particularity of being contracted with a fixed rate of two to five years. In this way, the customer has certain monthly installments and will be easier to manage his family budget, not suffering from changes in interest rates to the taste of the market.
In addition to a competitive interest rate, this financial product also offers a reduced initial commission and flexibility over the repayment term, which can range from 24 to 60 months.
Personal Credit Health Emergency
As part of its specialized credit solutions, CGD offers very attractive options. First and foremost, under the motto that “health is the most important”, we should highlight the Personal Emergency Health Credit, which allows us to cover unforeseen health expenses, offering exclusive financing conditions to clients with an average monthly income equal or less than three times the national minimum wage.
With a minimum required amount of € 5,000 and with a term ranging from 12 to 120 months, the interest rate can be fixed (between two to 10 years) or variable indexed to the 12-month EURIBOR. The customer may opt for a capital deferment of up to 24 months.
Personal Credit Health Emergency for Woman clients
This CGD personal credit has similar conditions to the previous one, only differing in the exclusivity of the clients. This financial product is exclusively directed to customers who have joined the Caixa Woman solutions, namely the Caixadirecta service, the Caixa Woman debit cards and the current account with maturity credit. In addition, it has interest rates more attractive to the female audience.
This financial institution also grants funding to anyone who wants to expand their education. As such CGD’s personal credit for training may range from the cost of tuition fees to the cost of computer equipment and / or other specific training materials for the consumer.
The payment term can be up to 16 years, and the client can choose between having a fixed or variable rate indexed to the EURIBOR and will only pay interest during the frequency in the course and up to three years after the conclusion of the same.
In addition to these advantages, it is still possible to have exemption in the collection of the study and hiring committee, in case the institution in which you are studying has a protocol with Caixa Geral de Depósitos.
Personal Loan Customers
This financial product is exclusively for Caixazul customers, with special conditions for them. CGD personal credit can be contracted from € 5,000 and payable for up to 120 months. This is a loan with characteristics similar to the Multi-Purpose Personal Loan.