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Benefits

Simplicity of the process

In order to subscribe for the Nova Vida Loan, you just need to have your salary domiciled with Millennium bim.

Flexibility

Flexibility of financing conditions, in particular in terms of financing amount and term.

Fulfilment

Correlation between the capital and the term that best suits the fulfilment of your needs and the management of your liquidity.

  • Organization fee: 1200 MZN
  • In case of non-payment of the monthly installment, default interest of 2% will be applied on the value of the installment due and not paid
  • In case of early repayment of capital (partial or total), a penalty of 5% is applied to the amount paid.

To subscribe for the Nova Vida Loan visit any Millennium bim Branch.

Public employees and Private employees.

Features
  
Financing Amount
Financing Amount
Min: 10.000 MZN and Max: 1.750.000 MZN
Term
Term
Public employees with withholding tax: 84 months;
Public employees: 72 months;
Private employees: 60 months.
Interest rate
Interest rate
Fixed or variable.
Associated insurance
Associated insurance
Public employees : Life insurance
Private employees: Life Insurance, Payment Protection Plan Insurance.
The contracting of the credit operations advertised herein will be subject to credit risk analysis.


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