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.
Maximum Loan Amount
500,000 NOK
Representative Loan Amount
200,000 NOK
Maximum Repayment Period Years
30
Total Repayment
253,200 NOK
Term Fee
65 NOK
Minimum Repayment Period
1
Recurring Repayment Period
monthly
Effective Interest Rate
10.16%
Establishment Fee
595 NOK
Minimum Loan Size
10,000 NOK
Representative Term Loan Years
5
Recurring Repayment
4,220 NOK
