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Type of Loan | Consumer Loan – Currency Clause | |
Borrower | Bank's Clients | Other Clients |
Loan Amount | From 500 EUR up to the amount of the client’s creditworthiness | |
Currency for Granting Loan | EUR | |
Indexation Criteria | Middle exchange rate of the National Bank of Serbia on the day of releasing the loan / maturity of annuity | |
Period | 6 - 84 months | |
Amount of Deposit/Down Payment | 30% | |
Amount of Nominal Interest Rate | ||
Down Payment | 6M Euribor+14,00% | 6M Euribor+19,00% |
Deposit | 6M Euribor+12,00% | 6M Euribor+17,00% |
Variablity of Nominal Interest Rate | Variable | |
Collaterals | ||
Bill of Exchange | Two bills of exchange signed by the borrower and guarantor | |
Garnishment | Two garnishments for the borrower and guarantor | |
Guarantor | For loans over 6.000 EUR - one creditworthy guarantor | For loans over 3.000 EUR - one creditworthy guarantor |
Possibility of Replacing | The guarantor can be replaced by mortgage or legal entity’s warranty | |
Fees and other Expenses | ||
Compensation for Processing Loan Application | 1,50% | 2,50% |
Variability | Fixed | |
Collaterals Expenses – two bills of exchange | 100,00 RSD | |
Variability | Fixed | |
Credit Bureau Statement - Borrower | 205,00 RSD | |
Variability | Fixed | |
Credit Bureau Statement - Guarantor | 85,00 RSD | |
Variability | Fixed | |
Fee for Pension and Disability Fund Expenses | 1,18% | |
Variability | Fixed |
Representative Example of Consumer Loan – Currency Clause