Cash and refinancing loans covered by insurance

Komercijalna Banka – reliable credit support in unforeseen circumstances

 

Komercijalna Banka completed its product offer with local currency cash and refinancing loans covered by insurance, which provide safety and continuity to the customers during repayment of loans in the event of losing the job or in case of death or accident.

Employed persons, both customers of our ban and those who are not, can apply for this loan.

 

CUSTOMER TYPE

CUSTOMER OF THE BANK

OTHERS

 

LOAN AMOUNT

Up to the amount of the loan applicant’s creditworthiness, maximum up to RSD 2.500.000,00

 

STIPULATED CURRENCY

Local currency (Dinar) loan

 

TERM OF REPAYMENT

From 37 to 95 months

 

NOMINAL INTEREST P.A.

From 7.95% to 9.95%, fixed in the first 36 months of loan repayment
From 4.25% to 6.25% + 6M BELIBOR, floating after expiry of 36 months

The spread from 4.25% to 6.25% is fixed

13.95%, fixed in the first 36 months of loan repayment
10.25% + 6M BELIBOR, floating after expiry of 36 months

The spread of 10.25% is fixed

 
 
 
 
 

ADJUSTMENT OF INTEREST UPON EXPIRY OF 36 M.

The first adjustment of interest rate shall be done upon expiry of the fixed period, calculation of intercalary interest, and then every six months by applying 6M BELIBOR, as defined on the market two business days prior to the date of adjustment

 
       

BANK FEE (% OF THE LOAN AMOUNT

From 37 to 60 months 0.5%
From 61 to 95 months NO CHARGE OF FEE

 
       

LOAN COLLATERAL

Two blank promissory notes of the borrower

Two blank PNs of the borrower and creditworthy guarantor respectively

 

Insurance policy Generali Osiguranje Srbija a.d.o. covering the inability of loan repayment due to loss of job and death resulting from an accident.

The insurance premium is paid ind advance for the entire period of loan repayment.

 
       

REPAYMENT OF THE LOAN

Monthly in dinars

 

 EXAMPLES:

 

DINAR CASH LOANS AND REFINANCING LOANS WITH TERM OF REPAYMENT FROM 37 TO 60 MONTHS

CUSTOMER TYPE

CUSTOMERS OF THE BANK

OTHERS

LOAN AMOUNT

RSD 300.000,00

TERM OF REPAYMENT

48 months

NOMINAL INTEREST RATE,

9.95%, fixed

13.95%, fixed

P.A.

– the first 36 months of loan repayment

– the first 36 months of loan repayment

 

6M BELIBOR + 6.25%, floating – upon expiry of 36 months

6M BELIBOR + 10.25%, floating – upon expiry of 36 months

 

Spread of 6.25% is fixed

Spread of 10.25% is fixed

BANK FEE (% OF THE LOAN AMOUNT)

0.5% (RSD 1.500,00)

0.5% ( 1.500,00)

MONTHLY ANNUITY

RSD 7.601,57–the first 36 m.

RSD 8.190,42– the first 36 m.

RSD 7.575,07– after 36 m.

RSD 8.162,12–after 36 m.

TOTAL LOAN AMOUNT WITH INTEREST

RSD 364.557,36

RSD 392.800,56

EFFECTIVE INTEREST RATE

12.10 %

16.85 %

OTHER EXPENSES INCLUDED IN CALCULATION OF EFFECTIVE INTEREST RATE

COSTS FOR CREDIT BUREAU REPORT

RSD 246,00

RSD 492,00

COSTS RELATED TO ISSUE OF PROMISSORY NOTES

RSD 100,00

RSD 200,00

INSURANCE PREMIUM
ONE-OFF, FOR THE ENTIRE PERIOD OF LOANS REPAYMENT

RSD 6.904,31

RSD 7.357,12

 

 

 

 

DINAR CASH LOANS AND REFINANCING LOANS WITH TERM OF REPAYMENT FROM 61 TO 95 MONTHS

CUSTOMER TYPE

CUSTOMERS OF THE BANK

OTHERS

LOAN AMOUNT

RSD 500.000,00

TERM OF REPAYMENT

95 months

NOMINAL INTEREST RATE ,

9.95%, fixed

13.95%, fixed

P.A.

– the first 36 months of loan repayment

– the first 36 months of loan repayment

 

6M BELIBOR + 6.25%, floating – upon expiry of 36 months

6M BELIBOR + 10.25%, floating – upon expiry of 36 months

 

Spread of 6.25% is fixed

Spread of 10.25% is fixed

BANK FEE (% OF THE LOAN AMOUNT)

0%

0%

MONTHLY ANNUITY

RSD 7.626,15– the first 36 m.

RSD 8.721,40 - the first 36 m.

RSD 7.535,95 –after 36 m.

RSD 8.622,07 – after36 m.

TOTAL LOAN AMOUNT WITH INTEREST

RSD 719.162,45

RSD -822.672,42

EFFECTIVE INTEREST RATE

11,13 %

15,82 %

OTHER EXPENSES INCLUDED IN CALCULATION OF EFFECTIVE INTEREST RATE

COSTS FOR CREDIT BUREAU REPORT

RSD 246,00

RSD 492,00

COSTS RELATED TO ISSUE OF PROMISSORY NOTES

RSD 100,00

RSD 200,00

INSURANCE PREMIUM
ONE-OFF, FOR THE ENTIRE PERIOD OF LOANS REPAYMENT

RSD 13.572,39

RSD 15.070,73

 

 

 

 

 

 

 

 

THE VALUE OF 6M BELIBOR AMOUNTS 3,18%

CALCULATION MADE ON 04.01.2019.

*REPRESENTATIVE EXAMPLE CALCULATED FOR REGULAR CUSTOMERS OF THE BANK AND FOR OTHER INDIVIDUALS WHO DO NOT RECEIVE THEIR SALARY THROUGH THE ACCOUNT HELD IN KOMERCIJALNA BANKA.

**SPECIFIC TERMS OF LENDING DEPEND ON INTERNAL SEGMENTATION OF THE BANK’S CUSTOMERS. WE KINDLY REQUEST THAT YOU ADDRESS THE NEAREST BANK’S BRANCH FOR LOAN CALCULATION.