Dinar Cash Loans with 12 Month ago Repayment Period

Komercijalna banka grants all its customers dinar cash loans, at a very favourable fixed interest rate of 6,90%, with repayment period of 12 months ago.

 

Dinar cash loans with repayment period of 12 months ago – conditions and example:

DINAR CASH LOANS

TYPE OF CLIENT

BANK’S CLIENTS

LOAN AMOUNT

Up to creditworthiness of the loan applicant, and maximum up to RSD 2.500.000,00

CURRENCY OF THE LOAN AGREEMENT

Dinar loan

REPAYMENT PERIOD

12 monthsago

NOMINAL INTEREST RATE,

PER ANNUM

6,90%, fixed

BANK’S FEE (% OF THE LOAN AMOUNT)

2%

COLLATERAL

Two blank bills of exchange of the loan beneficiary

LOAN REPAYMENT

On monthly basis in dinars

 

EXAMPLE:

DINAR CASH LOANS

LOAN AMOUNT

RSD 100.000,00

REPAYMENT PERIOD

12 months

NOMINAL INTEREST RATE,
PER ANNUM

6,90%, fixed

BANK’S FEE (% OF THE LOAN AMOUNT)

2% (RSD 2.000,00)

MONTHLY ANNUITY

RSD 8.648,07

TOTAL LOAN AMOUNT WITH INTEREST

RSD 103.776,84

EFFECTIVE INTEREST RATE

11,93%

OTHER COSTS THAT ARE INCLUDED IN CALCULATION OF EFFECTIVE INTEREST RATE

COSTS OF OBTAINING THE REPORT FROM CREDIT BUREAU

RSD 246,00

COSTS OF BILLS OF EXCHANGE ISSUANCE

RSD 100,00

Calculation performed on 07.05.2018
 
*Representative example is calculated for the regular customers of the Bank.