Consumer loans subsidized by the Serbian Development Fund
Komercijalna banka a.d. Beograd extends the following types of consumer loans with interest rates subsidized by the Serbian Development Fund:
Consumer loans for the purchase of agro machinery, furniture, home appliances, carpets, floors and construction materials produced in Serbia
Loans for the purchase of cars, tractors, construction machinery and freight vehicles – trucks produced in Serbia
Type of loan
Consumer loans for the purpose of agro machinery, furniture,
home appliances, carpets, floors and construction materials with FX-index
clause
LOAN TERMS
BANK CLIENT
NON-CLIENTS
Loan amount
Up to the invoiced amount
Repayment term
Up to 60 months
Interest rate
6% p.a.
Subsidized portion of the interest rate
4% p.a. outstanding for each year of use
Special conditions
- delivery of vendor’s invoice as a proof that the item was
produced in Serbia
- delivery of a copy of fiscal slip and warranty (with original
documents submitted for verification purposes) within 90 days following the loan
disbursement day (delivery of the warranty does not relate to carpets, floors
and construction materials)
Bank’s commission
0.5% of the loan amount
Loan repayment
In equal monthly instalments in RSD equivalent of EUR amount calculated
at the middle exchange rate of the NBS valid on the instalment pay day
Collateral
Two
blank promissory notes
Two
blank drawn promissory notes signed by a single creditworthy guarantor
Disbursement
Payment onto vendor’s account
Effective Interest Rate (EIR)
From
6.39%
EIR computed on 27.01.2010
Type of loan
Loans for the purchase of cars, construction machinery, freight
vehicles – trucks and tractors,
with FX-index clause
Loan amount
Up to the invoiced amount
Repayment term
Up to 84 months
Interest rate
4.5% p.a. fixed
Subsidized portion of the interest rate
4% p.a. outstanding for each year of use. Year of use is a
12-month period starting from the loan disbursement day
Special conditions
- delivery of vendor’s invoice as a proof that the items were
produced in Serbia
- delivery of a copy of fiscal slip and warranty (with
original documents submitted for verification purposes) within 90 days
following the loan disbursement day
Bank’s commission
0.5% of the loan amount
Loan repayment
In equal monthly instalments in RSD equivalent of EUR amount calculated
at the middle exchange rate of the NBS valid on the instalment pay day
Collateral
Two blank promissory notes signed by the borrower, pledge on the
movable purchased with the loan proceeds throughout the entire loan life, kasko
vehicle insurance drawn to the Bank throughout the entire loan life
or
Two blank drawn bills of exchange signed by a single creditworthy
guarantor and pledge on the movable purchased with the loan proceeds
throughout the entire loan life
Disbursement
Payment onto vendor’s account
Effective Interest Rate (EIR)
From
4.75%
EIR computed on 27.01.2010
In all cases where the pledge on a movable property is used as loan collateral, on occasion of loan approval, appraisal, insurance, certificates, permits, statements, decisions costs of the competent authorities as well as costs of creating of mortgage shall be incurred.
