UniCredit Bank has been operating on the Czech market for more than 13 years. It is a strong and important European bank, which, in addition to the Czech Republic, operates in a number of other Central and Eastern European countries. In terms of the number of clients, it is one of the medium-sized banks in the Czech Republic. Currently, more than 700 thousand clients use their services. The range of products and services offered by UniCredit Bank is very wide – for example, it provides clients with current accounts, credit cards, mortgages, loans, savings and term accounts, and investment advisory services. You can arrange a mortgage from UniCredit Bank online at hyponamiru.cz.
Benefits of UniCredit Bank
- Free mortgage management
- Free mortgage processing for refinancing
- For a mortgage with repayment capacity insurance, the bank refunds the appraisal fee to the client
- Reconstruction up to CZK 500,000 without proving reconstruction works
- “Accelerated construction” service, under which CZK 500,000 above the current mortgage value can be obtained from the bank in the first drawdown
- Simplified refinancing without proof of income if the conditions are met
- Additional part of the loan up to CZK 1,000,000 for equipment
- Option to redeem consumer loans directly from a home mortgage
- Can refinance an existing mortgage up to 2 years before the end of the fixation period
UniCredit Bank mortgage discounts
0.2% – discount for repayment protection insurance (PPI)
Terms and conditions of accounts from UniCredit Bank
U Konto:
- Full payment service free of charge if the turnover condition of CZK 12,000 is met
- Free withdrawals from all ATMs in the Czech Republic
- Free withdrawals from all ATMs abroad
- The terms of the account are guaranteed by the bank for 10 years
U konto Premium:
- Opening and maintenance of a CZK account and the possibility of maintaining 2 more accounts in CZK or foreign currency
- Banker available on the phone 24 hours
- Free up to 3 payment cards with the possibility of connecting to both crown and foreign currency accounts
- Free domestic and international withdrawals
- Year-round discounts and rewards for purchases at more than 150 merchants across the Czech Republic
- Free Visa Gold credit card within the account with a limit of up to CZK 500,000, suitable as a travel reserve
Types of insurance and their coverage
The bank cooperates with Generali Česká pojišt’ovna a. s.
Monthly insurance
- Paid by monthly payments
- Monthly payment amount = 0.03% of the original mortgage amount
Package A
Death insurance – the insurance company pays the bank a lump sum insurance benefit in the amount of the debt balance on the date of the insured’s death.
Incapacity for work – in the event of incapacity for work longer than the 60-day withdrawal period, the insurance company pays the bank the instalments on behalf of the client, up to a maximum of 12 instalments.
Package B
Death insurance – the insurance company pays the bank a lump sum insurance benefit in the amount of the debt balance on the date of the insured’s death.
Permanent disability – the insurance company pays the bank a lump sum insurance benefit in the amount of the balance of the debt calculated as of the date the client was declared permanently disabled.
One-off insurance
- Prepayment is made at the beginning for the entire policy period
- Paid for from the client’s own resources or by increasing the mortgage frame
- Price = 3.30% of the agreed initial loan amount
- Subscription is for 5 years
- The discount for the insurance subscription remains for up to 10 years, although the insurance lapses after 5 years
Package A
Death insurance – the insurance company pays the bank a lump sum insurance benefit in the amount of the debt balance on the date of the insured’s death.
Incapacity for work – in the event of incapacity for work longer than the 60-day withdrawal period, the insurance company pays the bank the instalments on behalf of the client, up to a maximum of 12 instalments.
Package B
Death insurance – the insurance company pays the bank a lump sum insurance benefit in the amount of the debt balance on the date of the insured’s death.
Loss of employment – the insurance does not cover loss of employment arising from termination of employment voluntarily or during the probationary period or if the client knew about the termination date before the agreement. It covers for redundancy, job termination or health reasons. The insurance company will pay 6 monthly instalments on behalf of the client.
Package C
Death insurance – the insurance company pays the bank a lump sum insurance benefit in the amount of the balance of the debt on the date of the insured’s death.
Permanent disability – the insurance company pays the bank a lump sum insurance benefit in the amount of the balance of the debt calculated on the date the client was declared permanently disabled.
UniCredit Bank fees for mortgage services
| Fees | directly at the bank | with hyponamiru |
| Mortgage processing | free for refinancing/2 900 CZK for other purposes | free |
| Express drawdown | 1 900 CZK | free |
| Accelerated construction | CZK 1,000 per month until the value of the property increases to the required amount | free |
| First drawdown | free | free |
| Second and further drawdowns | 900 CZK | free |
Express drawdown – drawdown as early as the second day after the pledge agreement is filed with the relevant land registry.
Accelerated construction – the possibility of drawing CZK 500,000 above the current value of the property.
