Car loans with insurance

No loan processing fee - during the promotional period until 14 February

Benefits

No down payment
Fixed interest during the entire repayment period
No loan maintenance costs
No guarantor
The bank pays the client's life insurance premium

Loan amount and repayment period

from RSD 100,000 to RSD 2,000,000
The loan term is 24 to 84 months and is paid in monthly installments.

Interest rate

The nominal interest rate is 10.50% annually and is fixed during the entire loan repayment period.

Interest rate for buyers of hybrid cars (all types of hybrid cars) and electric cars:
The nominal interest rate is 9.50% annually and is fixed during the entire loan repayment period.

Fee

One-time fee in the amount of 1% of the loan amount

Security instruments

One blank solo promissory note
Group credit life insurance

Early repayment

Upon a written request to the Bank, the Borrower can make a partial or early repayment of the entire outstanding loan without a fee.

Required documentation

Invoice issued by the Seller/sales contract
Certificate of employment and amount of income (only for employed persons)
Decision on attachment on salary in two copies (only for employed persons)

REPRESENTATIVE EXAMPLE - for buyers of hybrid cars (all types of hybrid cars) and electric cars

Type of loan

RSD car loan with insurance

Loan amount

RSD 1,500,000

Repayment period

84 months

Contracted currency

RSD

Nominal annual interest rate

9,50%

Indexing criteria

No indexing criteria

Monthly annuity

RSD 24,515.97

Loan security

1 promissory note

Promissory note cost

RSD 50

Credit bureau report

RSD 246

Fee

RSD 0

Total loan amount
(principal + interest + costs)

RSD 2,059,341.48

Effective interest rate

9,93%

*Representative example as of 22 March 2024

REPRESENTATIVE EXAMPLE