Installments without a card
Special Terms – tbi bank
Financing using the "Installments without a card" payment method through tbi bank is available for purchases ranging from €20 to €10,000, provided that each product in the shopping cart is €20 or more. The "Installments without a card" service is a financing option provided in cooperation with tbi bank - Branch Greece.
Α. Τotal cost of purchases from €20 up to €300.
The financing is provided through bi bank - Branch Greece. tbi bank approves the financing after evaluating the application based on the applicable credit policy and meeting the credit criteria. The financing is interest-free, while there is an additional service cost of €8 from tbi bank - Branch Greece (up to 200€). The additional service cost for 200,01 to 300€ is 12€. The repayment of the financing is made in 4 installments, with the first (1st) installment being paid upon completion of the order, while the second (2nd) installment is charged on the 30th day from the date of the order, the third (3rd) installment is charged on the 60th day from the date of the order, and the fourth (4th) and final installment is charged on the 90th day from the date of the order.
Β. Total cost of purchases from €200.01 up to €10,000.
The financing is provided through tbi bank - Branch Greece. TBI Bank approves the financing after evaluating the application based on the applicable credit policy and meeting the credit criteria.
The interest rate for the loans is variable and can range from 11% to 20%, depending on the creditworthiness of the customer. The repayment of the financing is made in 3 to 60 months or installments. The Annual Percentage Rate (APR) for a specific loan is determined based on the type, specific term, and amount of the loan. The exact APR for your loan will be stated in the loan agreement with tbi bank.
The total cost of the loan includes the bank's administrative fee, which amounts to €35 for amounts from €200.01 to €600 and €70 for amounts from €600.01 to €10,000. This fee is divided and included in the monthly installments of the loan.
The above payment method is a form of financing and is provided exclusively through tbi bank - Branch Greece. Each customer of PoliHome, in order to use the above flexible payment method, must be at least eighteen (18) years old.
Right of withdrawal
The consumer loan agreement can be terminated by exercising the right of withdrawal within fourteen (14) calendar days, starting from the date of conclusion of the loan agreement, provided that the prescribed prerequisites are met, in accordance with the provisions of the Greek Civil Code and Article 14 of Ministerial Decision Z1-699/2010 (Government Gazette B' 917/2010), as codified and in force. Specifically, the BORROWER retains the right to withdraw from the loan agreement within fourteen (14) calendar days, without providing any justification for this withdrawal. The aforementioned withdrawal period starts from the day of conclusion of the loan agreement and the receipt of a copy of these General Terms. In order to exercise their legal right of withdrawal, the BORROWER must complete the withdrawal before the expiration of the fourteen (14) calendar day period. The exercise of the aforementioned right will be deemed to have taken place, provided that written notice has been given by the BORROWER, in accordance with the applicable legislation. In this case, the BORROWER must repay to the BANK the principal and the corresponding accrued interest on this principal, which is calculated from the date of loan disbursement until the day of repayment of the principal to the BANK, without unjustifiable delay and, in any case, no later than thirty (30) calendar days from the dispatch of the notice of withdrawal to the BANK. The interest is calculated based on the agreed contractual interest rate, and it will be reported on a daily basis.
Loan rejection
The financing is provided through tbi bank - Branch Greece. The financing is approved after evaluating the application. Possible reasons for loan application rejection are:
- Failure to verify the information (KYC)
- Rejection of the card transaction
- Findings in the Teiresias credit rating system
The loan application can be resubmitted by correcting the necessary information.
Loan with Invoice
Repayment of the loan
The borrower can repay a portion or the entire amount of the financing at any time without any additional charges. Contact tbi bank - Branch Greece customer service at +30 2103009990 or email [email protected] to notify them of the repayment process.
Documents for approval of financing
- For purchases from €20 to €200:
After completing the necessary application details (KYC), an automatic check is performed, and a response for the approval of financing is expected within just 1 minute. If there is already another product from TBI, there is no need to fill in the details. The timeframe for completing the application process is 2 hours or 5 calendar days. After 5 days, incomplete applications expire.
- For purchases from €200.01 up to €10,000:
After completing the necessary application details and providing the clearance note, a check is performed for the approval of financing. Approval/rejection of the application is expected within 24 hours. The timeframe for completing the application process is 5 calendar days. After 5 days, applications that have not been completed expire.
In order for the loan to be granted by tbi bank - Branch Greece, the DEBTOR [and the CO-DEBTOR and/or GUARANTOR] - or the person acting as their authorized representative - must certify their identity upon request by TBI Bank - Branch Greece, by submitting all identification documents, a genuine copy of a special power of attorney or authorization, as well as any other necessary document deemed necessary by tbi bank - Branch Greece or required by law, Bank of Greece Decisions, or other competent authority.
General terms for granting loans and credits from tbi bank - here