Home equity loans with FX clause
Loan Characteristics
Age limits for loan users:
- minimum 23 years
- maximum 65 years in the moment of the last installment
Personal net monthly income of borrower: minimum € 200 in RSD counter value in the official NBS middle rate for EUR
Loan amount:
- minimum: € 5.000 counter value payable in RSD counter value in the official NBS middle rate for EUR on the day of disbursement;
- maximum: up to € 65.000 counter value payable in RSD counter value in the official NBS middle rate for EUR on the day of disbursement.
Repayment period:
- from € 5.000 up to € 10.000 – maximum 10 years
- from € 10.001 up to € 65.000 – maximum 16 years
Deposit: minimum 30% purpose deposit of the loan amount
Loan repayment:
The loan is repaid in equal monthly installments. Repayment of the loan can be performed by personal payment, standing order or via ban on salary. In case of personal payment at the counter the user of the loan gives also ban on salary.
Security:
-1st or 2nd class mortgage (if 1st class mortgage is in favour of Vojvođanska bank),
-Real estate insurance policy,
- Promissory note,
- Life insurance policy (optionally, on client's request).
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