Manage your finances freely and use the funds as much as you need and when you need them. Interest is calculated only on the used part of the line, and you determine the dynamics of withdrawing and returning the funds yourself.
Terms of the credit line
- Loan amount: In accordance with the client's needs and creditworthiness
- Repayment term: up to 60 months. The client must repay the entire used amount by the due date.
- Currency of the line: The loan is in dinars, without a currency clause or with a currency clause in euros
- Type of interest rate: fixed or variable
- Method of repayment of the loan within the line: Disbursement and repayment of the loan are made at the client's request, with the condition that the entire amount must not exceed the contractually approved amount of the line, and that the maturity period cannot be longer than the contract. The minimum amount for withdrawal and return is 5,000 euros in dinar equivalent.
- Documentation for dedicated credit control: The client is obliged to submit to the Bank an invoice, pro-invoice and other documentation required by the Bank for dedicated credit control if it is required based on regulations and/or the Bank's business policy.
- Variable nominal interest rate on an annual basis: from 5.00% + 3M Belibor. Effective interest rate of 8.75%*
- Other costs borne by the client (in case the security is a mortgage):
- o The cost of the Credit Bureau report is 1,686 dinars
- Total cost of bills (8 exchange bills) 400 dinars
- Certification of pledge statement 25,200 dinars
- Issuance of real estate list 10 euros
- Real estate valuation 100 euros
- Registration of a mortgage (from 20,000 to 50,000) 20,000 dinars
- Endorsement of a license to wipe 1,260 dinars
- Real estate insurance (annually) 40 euros
* calculated on the amount of RSD 5,000,000 on March 10, 2022, when the mortgage is secured. The assumption is that the customer is using the line fully at all times. In the event that the promissory note security is EKS=8.41%.
| Type of loan | Revolving credit line |
| Currency loan | Dinar |
| Loan amount | 5,000,000 |
| Security type | Promissory notes, mortgage |
| Duration period | 60 months |
| Total loan amount with interest | 7,023,245 dinars |
| Nominal interest rate (annually, variable) | of 5.00% + 3M Belibor |
| Effective interest rate (on an annual basis) on 03.10.2022. | 8.75% |
| Costs borne by the user | |
| The cost of a Credit Bureau report | 1686 dinars* |
| Total cost of 8 exchange bills | 400 dinars |
| Certification of pledge statement | 25,200 dinars |
| Issuance of real estate list | 10 euros |
| Real estate valuation | 100 euros |
| Registration of a mortgage (from 20,000 to 50,000) | 20,000 dinars |
| Verification of the deletion permit | 1,260 dinars |
| Property insurance (annual) | 40 euros |
*for clients of legal entities.
