Consumer Loans
by Nordax BankNorday Bank offers consumer loans in the maximum amount of NOK 500,000. Client can apply for a loan, if he/she is 23 years old or older, have no payment remarks and a fixed annual income of more than NOK 150,000. The interest rate for a consumer loan varies between 6.9% and 19.9%. Please see the representative loan example for further information.
Recurring Repayment Period
["monthly"]
Effective Interest Rate
0.1
Establishment Fee
595
Minimum Loan Size
10000
Recurring Repayment
4220
Representative Term Loan
5
Maximum Repayment Period
30
Interest Rate
["variable"]
Maximum Loan Amount
500000
Representative Loan Amount
200000
Representative Term Loan Period
["years"]
Total Repayment
253200
Term Fee
65
Period
["years"]
Minimum Repayment Period
1
