Benefits

A process organisation fee and a contract change/reformulation fee, previously defined by the Bank, will be charged.

 

Early, total or partial settlement of the  outstanding capital is subject to penalty.

To subscribe for the Nova Vida Loan - Fixed Rate, visit any Millennium bim Branch.

Public Employee

  • Exemption from the requirement for domiciled salary (with withholding tax)
  • Between 1 and 3 months of domiciled salary (without withholding tax)

Private Employee

Effectiveness in the employer for 1 year.

Features
Financing amount
Financing amount
Min: 10.000 MZN and Max: 1.000.000 MZN
Term
Term
Public employees: 72 Months (6 years)
Private employees: 60 Months (5 years)
Interest rate
Interest rate
Fixed or Variable
Associated insurance
Associated insurance
Life Insurance, Payment Protection Plan Insurance
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