Loans Intended for Pensioners

New, cheaper pensioner loans with longer repayment period.

These loans are intended for pensioners who are or are not the Bank’s customers.

The loan is secured by a borrower’s promissory note and a life insurance policy. The cost of life insurance premium is paid for by the Bank.

 

 

DINAR CASH LOANS AND REFINANCING LOANS WITH LIFE INSURANCE INTENDED FOR PENSIONERS

LOAN AMOUNT

Up to the amount of the applicant’s creditworthiness, but no more than RSD 1.200.000

LOAN CURRENCY

Dinar loan

REPAYMENT PERIOD

Up to 120 months

 

NOMINAL INTEREST RATE,

ANNUAL

13,95%, fixed – first 36 months
6M BELIBOR + 10,15%, variable – after 36 months

THE BANK’S FEE (% OF THE LOAN AMOUNT)

Pensioners who are the Bank’s customers – 1% of the loan amount

Pensioners who are not the Bank’s customers – 2% of the loan amount

Pensioners who are the Bank’s customers – Users of Kombank Classic Set – no fee is charged

LOAN SECURITY

Borrower’s promissory note

Life insurance policy from the company Generali a.d.o. assigned in favour of the Bank

LOAN REPAYMENT

Monthly in dinars


EXAMPLE:

LOANS TO PENSIONERS WHO ARE THE BANK’S CUSTOMERS

LOAN AMOUNT

RSD 200.000,00

REPAYMENT PERIOD

60 months

NOMINAL INTEREST RATE,

ANNUAL

13,95%, fixed – first 36 months
6M BELIBOR + 10,15%, variable – after 36 months

THE BANK’S FEE (1% OF THE LOAN AMOUNT)

RSD 2.000,00

MONTHLY INSTALMENT

RSD 4.648,47 - first 36 months
RSD 4.646,53 - after 36 months

TOTAL LOAN AMOUNT INCL. INTEREST

RSD 278.864,08

EFFECTIVE INTEREST RATE

15,46%

OTHER EXPENSES INCLUDED IN THE CALCULATION OF EFFECTIVE INTEREST RATE

COST OF OBTAINING A REPORT FROM THE CREDIT BUREAU

RSD 246,00

COST OF ISSUING A PROMISSORY NOTE

RSD 50,00

Calculation as of 28.08.2017, value of 6M BELIBOR was 3,76%

EXAMPLE:

LOANS TO PENSIONERS WHO ARE NOT THE BANK’S CUSTOMERS

LOAN AMOUNT

RSD 200.000,00

REPAYMENT PERIOD

 

60 months

NOMINAL INTEREST RATE,

ANNUAL

 

13,95%, fixed – first 36 months
6M BELIBOR + 10,15%, variable – after 36 months

THE BANK’S FEE (2% OF THE LOAN AMOUNT)

RSD 4.000,00

MONTHLY INSTALMENT

 

RSD 4.648,47 - first 36 months
RSD 4.646,63 - after 36 months

TOTAL LOAN AMOUNT INCL. INTEREST

 

RSD 278.864,08

EFFECTIVE INTEREST RATE

 

15,98%

OTHER EXPENSES INCLUDED IN THE CALCULATION OF EFFECTIVE INTEREST RATE

COST OF OBTAINING A REPORT FROM THE CREDIT BUREAU

RSD 246,00

COST OF ISSUING A PROMISSORY NOTE

RSD 50,00

Calculation as of 28.08.2017, value of 6M BELIBOR was 3,76%

LOANS TO PENSIONERS WHO ARE THE BANK’S CUSTOMERS – USERS OF KOMBANK CLASSIC SET

LOAN AMOUNT

RSD 200.000,00

REPAYMENT PERIOD

60 months

NOMINAL INTEREST RATE,

ANNUAL

13,95%, fixed – first 36 months
6M BELIBOR + 10,15%, variable – after 36 months

THE BANK’S FEE

No fee is charged.

MONTHLY INSTALMENT

RSD 4.648,47 - first 36 months
RSD 4.646,63 - after 36 months

TOTAL LOAN AMOUNT INCL. INTEREST

RSD 278.864,08

EFFECTIVE INTEREST RATE

14,94%

OTHER EXPENSES INCLUDED IN THE CALCULATION OF EFFECTIVE INTEREST RATE

COST OF OBTAINING A REPORT FROM THE CREDIT BUREAU

RSD 246,00

COST OF ISSUING A PROMISSORY NOTE

RSD 50,00

Calculation as of 28.08.2017, value of 6M BELIBOR was 3,76%