Loan is granted to the client who meets the following conditions:
Client receives parental benefits for the second, third or fourth child through a current account with Postal Savings Bank;
Client's financial status and creditworthiness are assessed by the Bank as positive.
Loan amount and repayment period
From RSD 10,000 to RSD 250,000 per product.
Loan is approved for a period of 6 to 36 months. Loan is repaid by debiting the current account of the loan beneficiary, starting one month after the loan disbursement date.
Nominal interest rate is fixed during the entire loan repayment period.
Interest rate amounts to 8.88% annually.
Interest is calculated using the proportional method.
Default interest is equal to the statutory default interest or the contracted (regular) interest if it is higher.
Credit Bureau report fee in the amount of RSD 246.00.
One promissory note in the amount of RSD 50.00.
One blank solo promissory note containing a "no protest" clause.
Upon a written request to the Bank, the Borrower can make a partial or early repayment of the entire outstanding loan without a fee.
Decision of the competent authority on entitlement to parental benefits.
Certificate of employment and amount of income (only for employed persons)