Will the limit continue at Banca Transilvania under the same conditions? Will anything change?

The limit value will be transferred to the same value and with the payment obligations recorded in the OTP at the end of February 2025. As stipulated also in the notification was notified, there are a few aspects that are modified:

For variable interest:

• Interest will be updated and modified by Banca Transilvania quarterly, depending on the reference index you currently have in the interest composition: ROBOR at 1 month, ROBOR at 3 months or IRCC:
• ROBOR at 3 months/ IRCC in force on the last day of the previous quarter (March 31, June 30, September 30, and December 31) and applies starting from the first day of the new quarterș
• ROBOR at 1 month in force on the last day of the previous month and applies from the first day of the following month.

Variable/ fixed interest:

• Interest will be calculated by Banca Transilvania on calendar days of the loan granting period based on 365 days (or 366 days in leap years) and will be charged on the last day of each month.
• If the interest recording leads to exceeding the granted credit line value, the unused part of the line - if it exists - will be used to pay a part of the interest, and the difference, which could not be paid, will be recorded as overdue interest.
• In case you record debits generated by the use of the line of credit, the amounts deposited into the current account will be used to recover the mentioned debits, in the following order: interest, fees and commissions owed to the bank and resulting from the use of the line of credit (including from the use of the card(s) attached to the current account)
• In case you do not fully repay the interest due for 90 consecutive days, the entire outstanding loan will be declared due on the first day of the following month.
• After declaring the early maturity, a penalty interest calculated on a fixed percentage basis will be charged, which will be higher by 2 (two) percentage points than the current interest rate.
• Banca Transilvania will not proceed with the reduction or deactivation of the credit line in case of non-fulfillment of the contractual conditions regarding the monthly replenishment of the current account. Upon the expiration of the credit line validity period, 12 months or 36 months, according to the contract signed by you, Banca Transilvania reserves the right to conduct an analysis of the fulfillment of all your obligations, based on which the line may be extended in compliance with the legislation in force.