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Cash Loans
Cash – general purpose loans can be approved to the Bank's clients but also to natural persons who do not hold a current account with Komercijalna banka.
These loans are intended for either permanently employed or retired natural persons, with a possibility of repayment until the age of 70.
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TYPE OF LOAN |
CASH LOAN WITH FX CLAUSE |
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BANK'S CLIENTS |
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AMOUNT |
Up to the maximum amount that the applicant's credit rating allows
but not more than RSD 1,000,000 |
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LOAN CURRENCY |
Dinar loan indexed in EUR |
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INDEXING CRITERIA |
NBS middle exchange rate for EUR |
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REPAYMENT PERIOD |
up to 84 months |
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NOMINAL INTEREST RATE
per year, fixed |
11.95% |
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BANK'S FEE |
2% of the amount of the loan |
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SECURITY INSTRUMENTS |
Two blank promissory notes from the borrower
For loans exceeding RSD 650,001 two blank promissory notes from a creditworthy guarantor in addition to two blank promissory notes from the borrower |
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REPAYMENT |
Monthly, in dinar countervalue of EUR according to NBS middle rate on the day the monthly installment is due |
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FX DEPOSIT |
30% of the amount of loan |
Other prospective clients can inform themselves of the conditions of the loan in the nearest branch of Komercijalna banka or by calling the Bank's Call Center.
EXAMPLE:
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TYPE OF LOAN |
CASH LOAN WITH CURRENCY CLAUSE |
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AMOUNT |
EUR 3,000 |
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REPAYMENT PERIOD |
60 months |
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LOAN CURRENCY |
Dinar loan indexed in EUR |
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INDEXING CRITERIA |
NBS middle exchange rate for EUR |
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NOMINAL INTEREST RATE
per year, fixed |
11.95% |
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DEPOSIT (min 30%) |
EUR 900 |
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BANK'S FEE
(2% of the amount of the loan) |
EUR 60 |
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MONTHLY INSTALLMENT |
EUR 66.65 |
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SECURITY INSTRUMENTS |
Two promissory notes from the borrower |
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COST OF OBTAINING REPORT FROM THE CREDIT BUREAU |
RSD 205.00 |
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COST OF ISSUING PROMISSORY NOTES |
RSD 100 |
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TOTAL AMOUNT OF LOAN INCLUDING INTEREST |
EUR 3,999 |
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EFFECTIVE INTEREST RATE |
27.04% |
Calculation made as at 30/11/2011
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TYPE OF LOAN |
CASH LOAN WITHOUT CURRENCY CLAUSE |
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BANK’S CLIENTS |
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AMOUNT OF LOAN |
Up to the maximum amount that the applicant's credit rating allows, but not more than RSD 800,000 |
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LOAN CURRENCY |
Dinar loan |
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REPAYMENT PERIOD |
Up to 77 months |
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NOMINAL INTEREST RATE
per year |
20.50%, fixed
– for the first 36 months of repayment
6M BELIBOR + 7.5%, variable – after 36 months |
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REVISION OF INTEREST RATE after the expiration of 36 months |
Interest rate tied to 6M BELIBOR is revised twice a year by applying a 6M BELIBOR or every 30/06 and 31/12 of the year. |
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BANK'S FEE |
2% of the amount of the loan |
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SECURITY INSTRUMENTS |
Two blank promissory notes from the borrower |
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REPAYMENT |
In monthly dinar installments |
Other prospective clients can inform themselves of the conditions of the loan in the nearest branch of Komercijalna banka or by calling the Bank's Call Center.
EXAMPLE:
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TYPE OF LOAN |
CASH LOANS WITHOUT CURRENCY CLAUSE |
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AMOUNT OF LOAN |
RSD 200,000 |
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REPAYMENT PERIOD |
40 months |
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LOAN CURRENCY |
Dinar loan |
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NOMINAL INTEREST RATE
per year |
20.5%, fixed – for the first 36 months
6M BELIBOR + 7.5%, variable – after 36 months |
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BANK'S FEE
(2% of the amount of loan) |
RSD 4,000 |
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MONTHLY INSTALLMENT |
RSD 6,941.72 – for the first 36 months
RSD 6,919.25 – after 36 months |
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SECURITY INSTRUMENTS |
Two promissory notes from the borrower |
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COST OF OBTAINING REPORT FROM THE CREDIT BUREAU |
RSD 205 |
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COST OF ISSUING PROMISSORY NOTES |
RSD 100 |
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TOTAL AMOUNT OF LOAN INCLUDING INTEREST |
RSD 277,578.92 |
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EFFECTIVE INTEREST RATE |
24.32% |
As at 30/11/2011 6M BELIBOR was 11.33%.
Calculation made as at 30/11/2011.
|  | Call Centre: 0700 800 900 |  | |
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