Improve your agricultural production by using short-term and long-term KOMBANK AGRAR loans. Regardless of whether you need additional funds to prepare production, purchase the raw material, build greenhouses, farms and irrigation system, or to purchase agricultural machinery, land or something else - your yields will keep growing year after year and after 24 months of such rewarding results your first instalment will seem negligible.
KOMBANK AGRAR - Subsidy
Komercijalna banka extends KOMBANK AGRAR short-term agricultural loans - with interest-rate subsidized by Ministry of Agriculture, Forestry and Water Management to private individuals – holders of the registered agricultural households.
KOMBANK AGRAR – short-term loans with interest rate subsidized by MAFWM
Loan amount
Minimum 50.000 dinars - maximum 900.000 dinars
Nominal interest rate
5% p.a. fixed
Currency
Dinars (RSD)
Purpose
Working capital, equipment, raw material, etc.
Repayment period
3, 6, 9, 12 months
Manner of repayment
in a single payment, at maturity of the loan
Currency clause
without currency clause
Loan application fee
free of charge
Subsidy of MAFWM
equal to reference interest rate of NBS
Collateral
- Bills of exchange of the loan beneficiary drawn in blank
- Bills of exchange and guarantee if the credit capacity to loan amount ratio is less than 1:1,5
EIR
For agricultural household 5%
The required documents for this type of loan are as follows:
Loan application form, available at the Bank's sub-branches,
Photocopy of personal ID,
Tax authority certificate of taxes paid – not older than one month
Evidence of the purpose for which the loan is used (pro-forma invoice, fiscal slip accompanying the invoice issued to the named loan applicant)
Komercijalna banka extends KOMBANK AGRAR long-term agricultural loans in cooperation with the Ministry of Agriculture, Forestry and Water Management to private individuals, entrepreneurs and legal entities – holders of the registered agricultural households who have an account with the Bank.
KOMBANK AGRAR long-term loans in cooperation with MAFWM
Loan amount
Min. 5.000,00 EUR – Max. 300.000,00 EUR in dinar counter-value .
Currency
FX indexed Dinars (RSD) – indexed in EUR at middle exchange rate of NBS
Purpose
Investment in new plant, equipment and buildings in primary food processing industry, except for purchase of land
Repayment period
- 5 years after expiry of grace period,
- 8 years after expiry of grace period (for construction of agricultural facility, growing of perennial grapevine plants and drupe fruit species)
Grace period
- Up to 12 months for loans with a maturity of 5 years
- Up to 3 years for loans with a maturity of 8 years
Interest rate
11.95% p.a. - fixed, applicable to 60% of the loan amount
Part of loan provided by MAFWM
40% of the loan amount, non-interest bearing part of loan
Loan application fee
(applicable to 60% of the loan amount)
- 1%, for loans with repayment period of 5 years
- 1,5% for loans with repayment period of 8 years
Loan repayment
Monthly instalments/ quarterly instalments/ six months instalments/ nine months instalments/ annual instalments
Collateral
Bills of exchange and first rank mortgage on real estate and / or
other collateral acceptable to the Bank
Prepayment fee
1% on the prepaid amount
Loan can be prepaid one year after the loan disbursement date
EIR
Up to 13,5% on funds provided by the Bank
KOMBANK AGRAR LOANS
May your hard work pay off
To ensure fruitful harvest and abundant barn one has to make many steps to complete that significant journey. Komercijalna banka gives its best to make that journey of yours as easier and shorter as possible and to ensure that each of your step be safe and firm.
KOMBANK AGRAR short-term loans
Loan amount
min. RSD 50.000
max. subject to client's creditworthiness
Currency
Dinars (without currency clause)
Dinars with currency clause
Purpose
- Production preparation and maintenance
- Purchase of raw material, breeding stock, equipment
- Maintenance
- Refinancing of loans in other banks
Repayment period
Up to 12 months
Interest rate
- 1,95% on monthly basis – dinars without currency clause
- 12,95% per annum – dinars with currency clause
Loan application processing fee
1,0% of the approved loan amount
Manner of repayment
- One-off payment,
- In monthly instalments/ in three months instalments/in 6 months instalments
Collateral
- Up to RSD 500.000 / EUR 5.000: bills of exchange of the loan beneficiary
- Over RSD 500.000 / EUR 5.000: guarantee and/or I rank mortgage on land or some other real estate
EIR
From 13,17%
KOMBANK AGRAR investment loans
Loan amount
Min. EUR 50,000
Max. subject to client's creditworthiness
Currency
Dinars (not indexed in EUR)
Dinars indexed in EUR
Purpose
- Purchase of agricultural machinery and equipment
- Greenhouses erection,
- Greenhouses construction,
- Purchase of irrigation system,
- Purchase of fattening cattle heads, basic and breeding herds and flocks,
- Growing of perennial plants,
- Construction, reconstruction and renovation of agricultural facilities,
- Construction and purchase of agricultural facilities and equipment for agricultural products storage, final processing and processing
- Legalization of previously constructed agricultural facilities
- Refinancing loans from other banks
Repayment period
Up to 24 months - Dinars not indexed in EUR
Up to 84 months - Dinars indexed in EUR
Grace period
Up to 6 months - Dinars not indexed in EUR
Up to 24 months - Dinars indexed in EUR
Interest rate
- 1.5% p.m. - Dinars not indexed in EUR
- 10.95% p.a. - Dinars indexed in EUR
Bank's commission
1.5% of the loan amount
Manner of repayment
Monthly instalments / three months instalments / six months instalments or annual instalments
Collateral
For loans with maturity of up to 24 months:
- Guarantee
- First rank mortgage
- Pledge on the loan item with insurance policy assigned in favour of the Bank
For loans with maturity of 24 to 84 months:
- First rank mortgage
- Pledge on the loan item with insurance policy assigned in favour of the Bank
Down payment
20% in case of chattel mortgage on the loan item
Prepayment fee
1% of the prepaid principle loan amount
EIR
From 11.12%
KOMBANK AGRAR loans for purchase of land
Loan amount
Min. RSD 50.000
Max. subject to client's creditworthiness
Currency
Dinars indexed in EUR
Repayment period
Up to 120 months
Interest rate
9.95% p.a. - variable
Bank's commission
1,75% of the loan amount
Manner of repayment
Monthly instalments / three months instalments / six months instalments or annual instalments
Down payment
Minimum 20%
Collateral
Bills of exchange drawn in blank
First rank mortgage in 1:2 ratio
Prepayment fee
1% of the prepaid principle loan amount
EIR
From 10.13%
KOMBANK AGRAR LOANS BACKED WITH 100% DEPOSIT
Loan amount
Min. RSD 50,000
Max. subject to client's creditworthiness
Currency
Dinars (RSD) indexed in EUR
Interest rate
4.5% p.p. higher than the contracted foreign currency deposit rate with the maturity equal to the maturity of the loan
Repayment period
Up to 5 years
Bank's commission
0.25% of the loan amount
Collateral
100% foreign currency deposit
Prepayment fee
None
EIR
From 4.51%
A fruitful harvest makes an abundant barn! The abundant barn makes a happy family! Pave your security in the most efficient way there is! KOMBANK AGRAR LOANS – may your hard work pay off!
In all cases which feature pledge and/or real estate mortgage as collateral, on occasion of loan approval the Borrower bares all costs that may arise thereof: appraiser's fee, insurance, acquiring of certificates, notes, permits, statements and resolutions of competent authorities, costs against creation of mortgage / pledge, etc.
Dear farmers,
If you need a professional advice or in case you have some additional questions related to agricultural loans, please do not hesitate to contact us directly at the telephone numbers or by e-mail of our call centre indicated below:
