Loans for easier start of school year
The Bank helps families with students by granting its customers consumer loans for payment of tuition fees and purchase of textbooks and school supplies, without charging the loan processing fee.
Conditions for obtaining a loan
Loan is granted to the client who meets the following conditions:
From RSD 10,000 to RSD 300,000 per product.
Loan is repaid in 6, 9, 12 monthly installments. Loan repayment starts one month after signing the Loan Agreement.
Nominal interest rate is 6.99% annually.
Default interest is equal to the statutory default interest or the contracted (regular) interest if it is higher.
Upon a written request to the Bank, the Borrower can make a partial or early repayment of the entire outstanding loan without a fee.
*Representative example as of 12 August 2019