Cash Loan

During promotional period until 1 July 2023

Fixed interest rate, i.e. fixed RSD installments during the entire repayment period.
No loan processing fee during the promotional period.
Fast loan processing and a simple procedure.

Conditions for obtaining a loan

A loan is granted to the clients who meet the following conditions:

Client is an employed person or a beneficiary of pension and disability insurance (pensioner).
Client's financial status and creditworthiness are assessed by the Bank as positive.
Client has a current account opened with the Bank.

Loan amount and repayment period

From RSD 5,000 to RSD 800,000 per product.
The loan is repaid in a period of 6 to 36 months in monthly installments. Loan repayment starts one month after signing the Loan Agreement.

Interest rate

For a repayment term of 6-36 months Nominal interest rate is fixed and amounts to 12,55% annually.

Loan costs

One-time loan processing fee in the amount of 1.80% of the approved loan amount.
Cost of issuing a Credit Bureau report in the amount of RSD 246.00.
Cost of the promissory note in the amount of RSD 50.00.

Security instruments

Blank solo promissory note containing a "no protest" clause.
Attachment on salary (only for employed persons).

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

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 OF A LOAN - PROMOTIONAL CONDITIONS*

Type of loan

Non-purpose cash loan

Loan amount

RSD 300,000

Repayment period

36 months

Contracted currency

RSD

Nominal annual interest rate

12.55%, fixed

Indexing criteria

No indexing criteria

Monthly annuity

RSD 10,043.28

Loan security

1 promissory note

Promissory note cost

RSD 50.00

Credit Bureau report

RSD 246.00

Fee

RSD 0

Total loan amount
(principal + interest + costs)

RSD 361,854.23

Effective interest rate

13.31%

* Representative example as of 1 June 2023