Subsidized Agricultural Loans

Komercijalna banka a.d. Beograd grants agricultural loans in RSD without currency clause and with subsidies related to the part of the interest rate provided by the Ministry of Agriculture, Forestry and Water Management (MAFWM).

 

Loans in RSD with Subsidy of the Ministry of Agriculture, Forestry and Water Management

LOANS IN RSD WITH SUBSIDY OF THE MINISTRY OF AGRICULTURE, FORESTRY AND WATER MANAGEMENT

Purpose

ü  Development of livestock breeding

ü  Development of farming, fruit growing, viticulture, truck farming and floriculture

ü  Investments in new agricultural machinery and equipment, except for used attested freight vehicle for transport of installed beehives, when it is allowed to purchase the used vehicle of individual price of up to RSD 500.000,00.

Currency

RSD without currency clause

Nominal interest rate

ü  4% fixed, intended for development of livestock breeding

ü  6% fixed, for other purposes in accordance with the Rulebook  

Repayment period

Up to 36 months from the date of loan disbursements

Grace period

Up to 12 months for loans with repayment period of 36 months

Loan repayment

In accordance with the purpose of the loan and the cycle of production:

-in monthly/quarterly/semi-annual annuities or in a single lump sum for loans with repayment period of up to 12 months

                                     or

- in monthly/quarterly/semi-annual or annual annuities for loans with repayment period over 12 months

Loan amount

Depending on creditworthiness of the client

- maximum approved loan by loan user RSD 5.000.000,00

Front-end fee

1,5% of the approved loan amount, in a single lump sum

Collateral

depending on creditworthiness of the client