Project loan – Casden Banque Populaire

The CASDEN advantages

Thanks to the innovative CASDEN points savings system, you accumulate CASDEN points⁽¹⁾ every time you save. You can then use your points to obtain more advantageous conditions to finance your projects⁽²⁾.

Good to know

• Apply for the Project Loan by telephone on 01 64 80 64 80 ⁽³⁾ and obtain an immediate agreement in principle on the basis of the elements declared by telephone⁽⁴⁾
• or by appointment at the Departmental Delegation
• or from one of the Banques Populaires Régionales (partners of CASDEN), except BRED.

A credit commits you and must be repaid. Check your repayment capacity before you commit.

Beneficiaries

• All CASDEN Members (active or retired) with CASDEN Points.

Amount

(for any subscription in the Departmental Delegation or by phone at CASDEN head office) ⁽⁵⁾

Duration

(for any subscription in the Departmental Delegation or by phone at CASDEN head office) ⁽⁶

• Minimum: 12 months
• Maximum: 120 months

Indicative example, without contractual value:
For a CASDEN Auto Project Loan of € 10,000 over 48 months at the fixed annual borrowing rate of 2.44%, i.e. a Fixed APR of 2.77% ^(2), 48 monthly payments of € 278.88 (excluding optional insurance). Total amount owed by the borrower (excluding optional insurance): 10 566,24€ including 60 € administration fees. Annual effective insurance rate (TAEA): 0.79% ^(7). Optional insurance cost: € 3.40 per month in addition to the monthly payment and total amount due for the insurance over the total term of the loan: € 163.20.

Specificities

• With the CASDEN Project Loan^(2), you can finance any type of need (new vehicle, wedding, work, etc.).
• The conditions fixed at the signing of the loan offer are guaranteed for a period of 6 months.
• You have 6 months to release all or part of your loan: up to 5 releases maximum.
• If you don’t unlock the loan, you don’t have to pay any fees.

Assurance

The borrower insurance allows you to cover for the duration of the loan from certain hazards of life, death, illness, serious accident, etc.
This insurance is essential to protect you from the resulting financial consequences and to protect your loved ones from these difficulties.
You can benefit from the group insurance offered by CASDEN ⁽⁷⁾. This is optional but essential to carry out your project with confidence. You can guarantee:

• The payment of your outstanding capital in the event of Death or Total and Irreversible Loss of Autonomy (PTIA),
• The payment of all or part of your deadlines in the event of Total Incapacity for Work (ITT).

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