2025-09-25 14:05
publication
2025-09-25 14:05
The consolidation loan in Velobank is interestable at 8.50 percent. per year. This solution allows you to combine several obligations into one installment and organize home finances. We checked the bank's offer and how much consolidation really costs on the example of a typical family.
For some borrowers, growing expenses and a parallel repayment of several loans are becoming an increasing burden on the budget. The consolidation loan is designed to facilitate control over obligations, and often also reduce the amount of the monthly installment. Velobank directs its offer to people who have not previously used its financing and will meet certain conditions.
How much does consolidation in Velobank cost?
Let's assume that a consolidation loan in Velobank is trying to marry two children: he is 42 years old, she 40. Together they earn PLN 9,840 net, and their monthly expenses are about PLN 8,500. This amount also includes credit liabilities (four bank loans), which in total amount to PLN 1559 installments per month. The borrowers currently have 25,000 to pay PLN and are interested in an additional loan at 10,000 zloty. They want to spread their repayment for a period of 5 years.
The family has stable employment, a good credit history and no delays in repayments. This is a typical customer profile, which the bank will qualify as new, because in the last 12 months they have not used the Velobank offer.
For potential customers from the example discussed above The consolidation loan installment in Velobank will be PLN 828.63. This will translate into the cost of a loan of PLN 9,329.21. In practice, this means that a total of the family will pay PLN 43,084.80 for 5 years (PLN 35,000 is a borrowed sum and 9329.21 percentage).
Detailed List and comparison of consolidation loan offers available in September can be found here.
You will submit an application for a consolidation loan in Velobank on this page, APRC 8.8% »
Who can use the consolidation loan?
The consolidation loan offer is only available for people who did not have an active cash or consolidation loan in Velobank for at least 6 months preceding the application. In addition, to use consolidation, it is required:
- expression of marketing consents (SMS, e-mail, telephone),
- possession or establishing a velokont,
- ensuring a monthly impact on the account of at least PLN 2,000,
- Making a minimum of 5 payments with a debit card to your account or via Blik.
In the event of failure to meet the conditions of the offer, the bank will increase from the next month Loan interest rate by 2 percentage points. The increased interest rate will apply until the borrower re -met.
These documents will be needed
Velobank, when analyzing the consolidation loan application, must have confirmation that the customer actually repays other obligations. In the case of loans and loans taken out in other financial institutions, one of the documents is enough: a loan or loan agreement, a repayment schedule, an account statement or a proof of payment of installments from the last six months. Alternatively, a letter or a bank certificate can be presented, as well as a consolidation statement containing data on repaid loans.
Similar rules apply to credit cards, loans in ROR, as well as for credit and renewable limits. In this case, the bank usually requires an account statement (ROR, limit or credit card) for the last month or a limit or card agreement. Thanks to these documents, the institution has a full picture of the client's obligations and can prepare an appropriate consolidation offer.
You will submit an application for a consolidation loan in Velobank on this page, APRC 8.8% »
What income does Velobank accept?
To get a loan, the bank needs to be presented documents confirming the source and amount of income achieved. The type of required certificates depends on the form of employment or the benefit used by the customer.
|
Source of income |
Required documents |
|---|---|
|
Employment contract |
One of the following:
|
|
Pension |
One of the following:
|
|
Pension |
All below:
|
The granting, loan amount and credit terms depend on the outcome of the creditworthiness and credit risk assessment. The maximum loan amount of PLN 300,000 is available to two borrowers.
You will submit an application for a consolidation loan in Velobank on this page, APRC 8.8% »
Representative example
The actual annual interest rate (APRC) is 8.8%, the total loan amount (without credited costs) PLN 102,300, the total amount to be paid PLN 139 138.09, variable interest rate 8.50%, total loan cost PLN 36,838,09 (including: commission 0 PLN, interest PLN 36,838,09, fee for conducting Velokont and service to the account during the loan period PLN 0), 91-month installments equal to PLN 1528.99 each. We made the calculation on 08.09.2025 on a representative example.
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