Short-term cash loan Short-term cash loan Short-term cash loan Short-term cash loan

Short-term cash loan

  • 12 month repayment period !
Cash loans /Short-term cash loan

Terms of crediting


  • The loan is intended to the persons under employment contract and pensioners.
  • Loan amount: up to RSD 350,000
  • Repayment period: from 6 to 12 months.
  • Fixed interest rate : 6,9% p.a.
  • Interest rate calculation method: Proportional
  • Loan disbursement fee: 2% of the approved loan for the client of the Bank.
  • 3% of the approved loan for other clients – Fee can be paid from the approved funds.

Useful information

Terms of crediting

Interest rate

Repayment period

Loan processing fee

Collateral

Representative example

 
  Bank’s clients Other clients
Type of loan Short-term cash loan in RSD
Loan currency RSD
Indexation criteria No indexation
Approved amount in RSD 50.000 100.000 100.000
Repayment period in months 12 12 12
Monthly annuity in RSD 4,324.04 8,648.07 8,648.07
Nominal interest rate p.a. 6,90% 6,90% 6,90%
Effective interest rate (annual) 12,70% 11,95% 14,14%
Loan disbursement fee in RSD 1,000 2,000 3,000
Cost for 2 promissory notes in RSD 100
Credit Bureau report in RSD 246
Overall amount to be paid by client in RSD 53,234.40 106,122.77 107,122.77

Calculation of effective interest rate as at 02.04.2019

Fees and commissions

Fees and commissions


Check the fees and commissions