Home improvement

Loans indexed in EUR

Loan amount: 50.000 EUR

Currency: EUR

Down payment: min 20% or without down payment if pledge is property which is not subject of credit and whose market value is 30% higher than loan amount

Interest rate:
  • For payroll clients: NIR 6mEuribor*+3.33%;EIR from 3.90% variable**
  • For nonpayroll clients: NIR 3mEuribor+6.80%; EIR from 7.68% variable**
For loans without NKOSK insurance:
  • For payroll clients: NIR 3mEuribor*+8.30%;EIR from 9.00% variable**
  • For nonpayroll clients: NIR 3mEuribor+9.55%; EIR from 10.69% variable**
Tenor:
  • 180 months for un-insured loans
  • 240 months for insured loans
Disbursement fee:
  • For payroll clients 1%
  • For nonpayroll clients 2.5%
Annual administration fee: 0.25%

Loan disbursement:
30% upon approval, 70% upon submission of invoice

Example:
Loans with NKOSK insuranceLoan amount

Tenor

Disbursement fee

Annual administration fee

Installment

NIR*

EIR*

Payroll clients

30.000

240

1%

0.25%

169

3.13%

3.90%

Non payroll clients

30.000

240


2.5%

0.25%

204

6.50%

7.75%

Loans without NKOSK insuranceLoan amount

Tenor

Disbursement fee

Annual administration fee

Installment

NIR*

EIR*

Payroll clients

30.000

180

1%

0.25%

289

8.00%

9.01%

Non payroll clients

30.000

180


2.5%

0.25%

311


9.25%

10.80%

* On day 04.10.2016. value of 3mEuribor =-0.30% and 6mEuribor= -0.2%
**Nominal interest rate is determined on a quarterly basis in January, April, July and October, when the variable base is aligned with the values of official Reference rate on the maturity date of the monthly installments of the month when the alignment is done. Changed variable interest rate will be applied in the first accounting period that starts after the change.

Loans indexed in RSD

Loan amount: 5.000.000 RSD

Currency: RSD

Down payment: min 20% or without down payment if pledge is property which is not subject of credit and whose market value is 30% higher than loan amount

Interest rate:

For loans with NKOSK insurance:

  • For payroll clients: NIR 3mBelibor*+4%;EIR from 9.05% variable**
  • For nonpayroll clients: NNIR 3mBelibor*+5.5%;EIR from 11.15% variable**
For loans without NKOSK insurance:
  • For payroll clients: NIR 3mBelibor*+5.5%;EIR from 10.24% variable**
  • For nonpayroll clients: NIR 3mBelibor*+7%;EIR from 12.35% variable**
Tenor:
  • 120 months
Disbursement fee:
  • For payroll clients 1%
  • For nonpayroll clients 2.5%
Annual administration fee: 0.25%Loan disbursement: 30% upon approval, 70% upon submission of invoice

Example:

Loans with NKOSK insuranceLoan amount

Tenor

Disbursement fee

Annual administration fee

Installment

NIR*

EIR*

Payroll clients

3.000.000

120

1%

0.25%

35,694

7.46%

9.24%

Non payroll clients

3.000.000

120

2.5%

0.25%

38,118

8.96%

11.36%

Loans without NKOSK insuranceLoan amount

Tenor

Disbursement fee

Annual administration fee

Installment

NIR*

EIR*

Payroll clients

3.000.000

120

1%

0.25%

38,118

8.96%

10.41%

Non payroll clients

3.000.000

120

2.5%

0.25%

40,630

10.46%

12.54%

*For EIR calculation is used value of 3mBelibor which was on 30.09.2016. 3.46%. EIR is calculated on 04.10.2016.

**Level of the nominal interest rate is determined quarterly –in January, April, July and October in the way that variable element is to be aligned with the values of officially published reference rate on the last day of the month that precedes the month in which adjustment is made.Changed variable interest rate will be applied in the first accounting period that starts after the change.