LOAN WITH CREDIT LIFE INSURANCE

A loan is granted to the client who meets 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.

From RSD 50,000 to RSD 2,000,000
The loan is repaid in 12 to 71 monthly installments by debiting the borrower's current account. Loan repayment starts one month after signing the Loan Agreement.

Nominal annual interest rate is 15.50% and is fixed during the entire loan repayment period.

Default interest is equal to the statutory default interest or the contracted (regular) interest if it is higher.

• One-time loan processing fee in the amount of 0 - 2.50% of the approved loan amount.
• Fee is not charged for refinancing exclusively of the loan obligations towards another bank and for the simultaneous refinancing of the loan obligations towards the Bank and another bank.
• A fee in the amount of 1.80% is charged for refinancing with insurance exclusively of the loan obligations towards the Bank.
• Cost of issuing a Credit Bureau report in the amount of RSD 246.00.
• Cost of one promissory note in the amount of RSD 50.00.

• Two blank solo promissory notes
• Credit life insurance policy assigned to the Bank

Early repayment is free of charge and possible at any time.

• Certificate of employment and amount of income (only for employed persons).
• Decision on attachment on salary in two copies (only for employed persons).
• Certificate of the amount of loan obligations issued by the Bank whose loan is to be liquidated (if the loan granted by another bank is being refinanced).