Maib launches “Merge Your Loans”: one monthly payment, one due date for all your loans

Having multiple loans often means keeping track of different repayment schedules, payment dates, and monthly instalments. But what if you could merge them into one loan with a single monthly payment?

Maib introduces Merge Your Loans, a new feature in maibank that lets you consolidate your eligible consumer loans into one.

Why choose “Merge Your Loans”?

One monthly payment, one due date

Instead of keeping track of multiple payment deadlines, you have one monthly payment and a single repayment schedule. This makes it easier to plan your budget and know exactly how much you need to pay and when.

Possibility of a lower monthly payment

Depending on your personalised offer and repayment term, your new monthly payment may be lower than the combined amount of your current monthly payments.

Everything happens directly in maibank

View your personalised offer, review the terms, and sign your agreement digitally, all within the app.

Automatic closure of your consolidated loans

Once your new loan is disbursed, the loans included in the consolidation are repaid early and closed automatically. You are left with just one loan to manage.

All your loan details in one place

Your repayment schedule, loan agreement, and other details are available anytime in maibank.

Who is eligible for “Merge Your Loans”?

The feature is available to maib customers who meet the following requirements:

• Are citizens and residents of the Republic of Moldova, aged 20 to 70.
• Have no current overdue loan payments and have not had any payments more than 30 days overdue in the past 6 months.
• Have no debts referred for collection, subject to the applicable criteria.
• Hold eligible consumer loans from the Espresso, Espresso Extra, Refinance, Împarte în rate or Special product ranges. Credit cards and credit lines cannot be included.

What are the conditions for merging your consumer loans?

• You can use this feature only once during the term of the loans concerned.
• The loan with the highest outstanding balance must not exceed 50% of the total outstanding balance of the loans being merged.
• The repayment term of the new loan cannot exceed the maximum remaining term of your existing loans.

You don't need to check all these requirements yourself. Maib automatically checks your eligibility and calculates your personalised offer. If you meet the requirements, your offer will be available directly in maibank.

The exact terms are determined individually based on your eligible loans and personalised offer.

How to merge your loans in maibank

If you're eligible, you'll see the “Merge Your Loans” banner in the maibank app.

From there, follow three steps:

1. Tap the banner to view your personalised offer.
2. Review your new loan details, including the amount, monthly payment, and repayment term.
3. Accept the terms and sign the agreement directly in maibank.

Once your new loan is disbursed, the loans included in the consolidation are automatically closed, leaving you with just one monthly payment to manage.

Maib continues to develop digital banking features that make it easier for customers to manage their personal finances. With “Merge Your Loans”, you can bring several loans together into one and manage your new loan directly in maibank.

Have multiple loans? Merge them in maibank!

Frequently asked questions about loan consolidation and refinancing in maibank

How can I merge multiple loans into one at maib?

If you're eligible, open the maibank app, tap the Merge Your Loans banner, review your personalised offer and sign the agreement digitally. Once the new loan is issued, the loans included in the consolidation are closed automatically.

What are the benefits of merging my loans in maibank?

You'll have one monthly payment, one due date, the opportunity to reduce your monthly payment and a fully digital process, with no need to visit a branch.

Which loans can I merge in maibank?

Eligible consumer loans from the Espresso, Espresso Extra, Refinance, Împarte în rate and Special product ranges. Credit cards and credit lines cannot be included.

Who is eligible to merge their loans?

maib customers who are citizens and residents of the Republic of Moldova, aged 20 to 70, with no current overdue payments, no payment delays exceeding 30 days in the past 6 months and no debts referred for collection.

What are the main conditions for loan consolidation?

The largest outstanding loan balance must not exceed 50% of the total balance of all loans being merged. The new loan's repayment term cannot exceed the maximum repayment term of the existing loans. The feature can only be used once for the loans concerned.