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Loans with priority passing!
With car loans of Komercijalna Banka, you will both enjoy driving your car and repaying it.
Stable in turnings!
Clients who do not receive income through an account held with the Bank will settle their obligations to the Bank by withholding order.
In all cases when the loan has been secured by pledge on vehicle, upon loan approval there will be costs arising from insurance, acquiring certificates, letters of confirmation, licences, statements and decisions of competent institutions, costs of constituting lien, etc. These costs are included in the representative example.
type of loan DINAR LOANS FOR PURCHASE OF MOTOR VEHICLES BANK’S CLIENTS OTHERS LOAN AMOUNT Up to the amount of pro forma invoice, and/or the purchase and sale agreement and up to creditworthiness of the loan applicant CURRENCY OF THE LOAN AGREEMENT Dinar loan REPAYMENT PERIOD Up to 84 months NOMINAL INTEREST RATE from 6% to 8% + 6M BELIBOR, variable 10,50%+ 6M BELIBOR, variable ADJUSTMENT OF INTEREST RATE Adjustment of interest rate is carried out twice a year, every six months, as of the date the loan repayment commences, by applying the value of 6M BELIBOR, which is defined in the market two working days prior to the date of adjustment BANK’S FEE 1% - 2% of the loan amount 3% of the loan amount COLLATERAL - For loan amounts up to EUR 8.000,00: Two blank bills of exchange of the loan beneficiary - For loan amounts exceeding EUR 8.001,00 and others: Two blank bills of exchange signed by the loan beneficiary, Casco/comprehensive car insurance assigned in favour of the Bank and chattel mortgage on a vehicle that is subject to lending for the entire period of loan duration or Two blank bills of exchange of both the loan beneficiary and of the creditworthy guarantor and chattel mortgage on a vehicle which is subject to lending, for the entire period of loan duration SPECIAL CONDITION Financing of purchase of used motor vehicles can be performed under the condition that such vehicles are not older than 60 months as of the date of loan approval, or older than 84 months at the time of repayment of the last monthly annuity. In all cases where the collateral for loan is a pledge on vehicle, at the time of loan approval there will be insurance costs, costs of obtaining certificates, permits, statements and decisions of the competent bodies, costs of establishing a lien, and alike. The above costs are included in the representative example. TYPE OF LOAN DINAR LOANS FOR PURCHASE OF MOTOR VEHICLES BANK’S CLIENTS OTHERS LOAN AMOUNT RSD 500.000,00 REPAYMENT PERIOD 84 months CURRENCY OF THE LOAN AGREEMENT Dinar loan NOMINAL INTEREST RATE 6M BELIBOR + 8% 6M BELIBOR + 10,50% BANK’S FEE (% OF THE LOAN AMOUNT) 2% (RSD 10.000,00) 3% (RSD 15.000,00) MONTHLY ANNUITY RSD 8.621,80 RSD 9.295,59 COLLATERAL Two bills of exchange of the loan user Two blank bills of exchange of both the loan beneficiary and of the creditworthy guarantor and chattel mortgage on a vehicle which is subject to lending, for the entire period of loan duration COSTS OF OBTAINING THE REPORT FROM CREDIT BUREAU RSD 246,00 RSD 492,00 COSTS OF BILLS OF EXCHANGE ISSUANCE RSD 100,00 RSD 200,00 COST OF REGISTRATION OF PLEDGINGE RSD 4.000,00 TOTAL LOAN AMOUNT WITH INTEREST RSD 724.231,20 RSD 780.829,56 EFFEECTIVE INTEREST RATE 12,60 % RSD 16,21% Calculation is performed on 21.02.2020 * Specific terms of lending depend on internal segmentation of Bank’s clients. We kindly ask you to approach the nearest branch or sub-branch of the Bank for further information regarding the loan calculation.
PER ANNUM
EXAMPLE:
PER ANNUM, VARIABLE
Value of 6M BELIBOR is 3,23%
|
TYPE OF LOAN |
LOANS FOR PURCHASE OF MOTOR VEHICLES WITH CURRENCY CLAUSE |
|
|
BANK’S CLIENTS |
OTHERS |
|
|
LOAN AMOUNT |
Up to the amount of pro forma invoice, and/or purchase and sale agreement and up to creditworthiness of the loan applicant |
|
|
Repayment period |
Up to 84 months |
|
|
NOMINAL INTEREST RATE |
from 5,50 to 6,10% |
8,10% |
|
BANK’S FEE |
1% - 2% of the loan amount |
3%of the loan amount |
|
COLLATERAL |
- For loan amounts up to EUR 8.000,00: Two blank bills of exchange of the loan beneficiary
- For loan amounts exceeding EUR 8.001,00 and others: Two blank bills of exchange signed by the loan beneficiary, Casco/comprehensive car insurance assigned in favour of Bank and chattel mortgage on a vehicle that is being financed by means of lending for the entire period of loan duration or Two blank bills of exchange of both the loan beneficiary and the creditworthy guarantor and chattel mortgage on a vehicle subject to lending, for the entire period of loan duration |
|
|
loan repayment |
Monthly in dinar equivalent of EUR at middle exchange rate of NBS, applicable on the day of payment of the monthly annuity |
|
|
DOWNPAYMENT |
Min 30% of the amount indicated in the pro forma invoice, an/or of the amount from purchase and sale agreement |
|
|
SPECIAL CONDITION |
Financing the purchase of used motor vehicles can be conducted under the condition that such vehicles cannot be older than 60 months as of the date of loan approval, or older than 84 months at the time of repayment of the last monthly annuity. |
|
In all cases where the collateral for loan is a pledge on vehicle, at the time of loan approval there will be insurance costs, costs of obtaining certificates, permits, statements and decisions of the competent bodies, costs of establishing a lien, and alike. The above costs are included in the representative example.
EXAMPLE:
|
TYPE OF LOAN |
LOANS FOR PURCHASE OF MOTOR VEHICLES WITH CURRENCY CLAUSE |
|
|
BANK’S CLIENTS |
OTHERS |
|
|
VALUE OF PROFORMA INVOICE |
EUR 10.000,00 |
|
|
DOWN PAYMENT MIN 30% |
EUR 3.000,00 |
|
|
LOAN AMOUNT |
EUR 7.000,00 |
|
|
REPAYMENT PERIOD |
84 months |
|
|
CURRENCY OF THE LOAN AGREEMENT |
Dinar loan indexed in EUR |
|
|
CRITERIA FOR INDEXATION |
EUR – middle exchange rate of NBS |
|
|
NOMINAL INTEREST RATE |
6,10% |
8,00% |
|
BANK’S FEE (% OF THE LOAN AMOUNT) |
2% (EUR 140,00 - RSD 16.460,00) |
3% (EUR 210,00 – RSD 24.689,99) |
|
MONTHLY ANNUITY |
EUR 102,60 |
EUR 109,10 |
|
COLLATERAL |
Two blank bills of exchange of the loan beneficiary |
Two blank bills of exchange of both the loan beneficiary and the creditworthy guarantor and chattel mortgage on a vehicle subject to lending, for the entire period of loan duration |
|
COSTS OF OBTAINING THE REPORT FROM CREDIT BUREAU |
RSD 246,00 |
RSD 492,00 |
|
COSTS OF BILLS OF EXCHANGE ISSUANCE |
RSD 100,00 |
RSD 200,00 |
|
COST OF REGISTRATION OF PLEDGINGE |
|
RSD 4.000,00 |
|
TOTAL LOAN AMOUNT WITH INTEREST |
EUR 8.618,40 |
EUR 9.164,00 |
|
EFFECTIVE INTEREST RATE |
6,95% |
9,55% |
Calculation is made on 21.02.2020
*Specific terms of lending depend on internal segmentation of Bank’s clients. We kindly ask you to approach the nearest branch or sub-branch of the Bank for further information regarding the loan calculation