Astro Bank personal loans 2019 – Offers and opinions

Guide to loans Astro bank: Comfort and more

Guide to loans Astro bank: Comfort and more

Astro Bank has a long tradition: founded in Berlin in 1870, after a few years it began to assume a specific weight also on the very important Italian market. In 1960 she was, for example, lead manager for the capital increase of Fiat and for her listing on the Frankfurt Stock Exchange while in 1961 she had the same role for the listing of Olivetti (also on the Frankfurt stock exchange).

As a bank, Astro Bank has very diversified its activities, services and products, and today it has a complete range that ranges from current accounts for individuals or companies, to mortgages and loans for both consumer credit and business. Italy as a whole represents the second main market for this banking reality. We now focus our attention in particular on what Astro Bank offers on loans to individuals.

Personal and finalized loans

Personal and finalized loans

Through its branches, this bank mainly offers personal loans, leasing and some types of finalized loans (which, however, is proposed mainly through agreements with sellers of financeable goods and services). The line with the greatest choice, due to the number and variety of different loans, is Comfort, to which are added other alternatives such as the Money.

Financing of the Comfort line

Financing of the Comfort line

Viloan
The personal loan is called Viloan and allows you to get from a minimum of 500 USD to a maximum of:

  • 30 thousand USD for an employee or pensioner;
  • 20 thousand USD for a self-employed worker (but always for personal and non-working needs).

The duration can be from 12 up to 84 installments (72 for the self-employed) and there is no need to be a Astro Bank account holder. On the other hand you need to have any current account to get the amount paid and pay monthly installments via SDD. In summary:

  • amount: min 500 max 30,000 USD;
  • duration: from 12 to 84 installments;
  • necessary documents: income (payroll or Unico), identity document, health card.

Viloan Auto & Moto

With this loan you can buy cars and motorcycles (even at zero kilometers up to 6 months of registration or used but within a year), both new and used, for the entire amount to be paid, up to the maximum sum of 30 thousand USD. The recognized amount is not paid to the applicant but directly to the concessionaire, while the installments are to be paid with SDD banking. In summary:

  • amount: min 500 max 30,000 USD;
  • duration: from 12 to 84 installments;
  • necessary documents: income (pay slip or Unico), identity document, health card, cost estimate of the vehicle.

Designed for those who are Astro Bank customers (you must have a current account with the German bank) to reorganize the repayment installments of the various loans. You can get up to 40 thousand USD (20 thousand if you are a self-employed worker) to be repaid up to a maximum of 120 monthly payments. In summary:

  • amount: min 2000 max 40,000 USD;
  • duration: from 12 to 120 installments;
  • necessary documents: income (payroll or Unico), identity document not expired, health card or cf, counting loans to be extinguished.

Viloan DentalCare

It can be requested by those who have a demonstrable income to finance dental care, as long as the amount does not exceed 20 thousand USD (up to this threshold 100% of the budgeted expense by the dentist is financed). The maximum repayment duration is 5 years. The sum is paid to the professional who will provide the service and the reimbursement takes place on SDD (it is not necessary to be a Astro Bank account holder). In summary:

  • amount: min 1000 max 20,000 USD;
  • duration: from 12 to 60 installments;
  • necessary documents: income (payroll or Unico), valid identity document, health card or cf, dentist expense estimate.

(Source: Astro Bank official website – Date: 15 July 2019)
Viloan Repeat Business
Beyond the name is always a personal loan, which however is reserved only for those customers who have already been financed and who have been regular in payments of at least 10 installments or have extinguished a loan for at least 18 months. The maximum amount obtainable is up to 50 thousand USD to be repaid up to 120 installments. In summary:

  • amount: min 2000 max 50,000 USD;
  • duration: from 12 to 120 installments;
  • necessary documents: income certification (pay slip or Unico), identity document, health card or cf.

Viloan Furniture
It allows you to finance up to 100% of the regularly invoiced furniture costs, but up to a maximum of 30 thousand USD (20 thousand if you request a self-employed person), to be repaid within a maximum of 60 installments. It is not mandatory to have an account with Astro Bank and the sum is paid to the seller. In summary:

  • amount: min 2000 max 30,000 USD;
  • duration: from 12 to 60 installments;
  • necessary documents: valid identification document, income document, cost estimate.

Viloan Restructuring
Renovation works can be financed, related to work on the renovation of buildings, structural and architectural changes (both internal and external), ordinary or extraordinary maintenance, but also the replacement of gates, doors and windows. 80% of the invoiced expenses are covered, up to a maximum amount of 50 thousand USD, while the repayment duration can be up to 10 years. In summary:

  • amount: min 2000 max 50,000 USD;
  • duration: from 12 to 120 installments;
  • necessary documents: valid identification document, income document, cost estimate of restructuring companies.

Viloan Dip
Personal loan at favorable conditions reserved for employees of affiliated companies. The maximum amount that can be requested is up to 30 thousand USD to be repaid up to 120 installments (c / c Astro Bank is not mandatory). In summary:

  • amount: min 2500 max 30,000 USD;
  • duration: from 12 to 120 installments;
  • necessary documents: valid identification document, income document, health card.

Viloan Cession of the Fifth
Classification of the fifth of the pension (agreed with INPS) which allows for up to $ 70,000. The maximum age of the applicant can instead reach up to 85 years. Insurance coverage will be paid by Astro Bank. In summary:

  • amount: max 70,000 USD;
  • duration: from 24 to 120 installments;
  • necessary documents: identification document, fiscal code, pension slip and Single Certification.

Money

This personal loan is offered a two alternative which is called unsecured Money and Money Totally guaranteed. The latter is granted against a total pledge on financial instruments owned, such as securities or funds. In both cases the loan is reserved for current account holders of Astro Bank, while there are no foreclosures for the category to which they belong (employees, pensioners, entrepreneurs, freelancers, etc.). In the case of the ‘unsecured’ it is possible to reach 50000 USD (60 months) while for the ‘Totally Guaranteed’ the ceiling goes up to one million USD (in max 120 months).

Conclusions

To find out the rate actually applied to the type of financing chosen or requested, a personalized estimate must be made, preferably by taking an appointment at one of the branches. To find the nearest branch you can use the function specifically dedicated on the site by filling in the necessary spaces to direct the request to the most suitable channel.