Refinancing loans

Cash – general purpose loans can be approved to the Bank’s clients but also to natural persons who do not hold a current account with Komercijalna banka.


Apart from the standard documents, the client must obtain a certificate from the Bank on the amount of debt arising from the loan or from the credit card that is being refinanced.

DINAR LOAN FOR REFINANCING

TYPE OF CLIENT

BANK’S CLIENTS

OTHER CITIZENS

LOAN AMOUNT

Up to creditworthiness of the loan applicant, and maximum up to RSD 3.000.000,00

CURRENCY OF THE LOAN AGREEMENT

Dinar loan

REPAYMENT PERIOD

From 13 to 71 months

NOMINAL INTEREST RATE,

PER ANNUM

from 7,95% to 9,95% - fixed

 

or

 

from 5,95% to 7,95% + 6M BELIBOR- variable 

 

10,95% - fixed

 

or

 

8,95% + 6M BELIBOR - variable

 

ADJUSTMENT OF INTEREST RATE

In case of variable 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

 No fee

COLLATERAL

Blank bill of exchange of the loan user

One blank bill of exchange of both, the loan user and of the creditworthy guarantor

LOAN REPAYMENT

Monthly in dinars

 

Example:

DINAR LOAN FOR REFINANCING - FIXED INTEREST RATE

TYPE OF CLIENT

BANK’S CLIENTS*

OTHER CITIZENS

LOAN AMOUNT

RSD 300.000,00

REPAYMENT PERIOD

60 months

NOMINAL INTEREST RATE,

PER ANNUM,

FIXED

7,95%, fixed

10,95%, fixed

BANK’S FEE

No fee

MONTHLY ANNUITY

RSD 6.075,74

RSD 6.515,25

TOTAL LOAN AMOUNT WITH INTEREST

RSD 364.544,40

RSD 390.915,00

EFFECTIVE INTEREST RATE

8,28%

11,60%

OTHER COSTS THAT ARE INCLUDED IN CALCULATION OF EFFECTIVE INTEREST RATE

COSTS OF OBTAINING THE REPORT FROM CREDIT BUREAU

   RSD 246,00

    RSD 492,00

COSTS OF BILLS OF EXCHANGE ISSUANCE

     RSD 50,00

     RSD 100,00

 

 

 

 

 

Calculation is performed on 15.07.2021.

 

Example:

DINAR LOAN FOR REFINANCING - VARIABLE INTEREST RATE

TYPE OF CLIENT

BANK’S CLIENTS*

OTHER CITIZENS

LOAN AMOUNT

RSD 300.000,00

REPAYMENT PERIOD

60 months

NOMINAL INTEREST RATE,

PER ANNUM,

 

VARIABLE

7,02%, variable

(6M BELIBOR + 5,95%)

10,02%, variable

(6M BELIBOR+8,95%)

BANK’S FEE

 No fee

MONTHLY ANNUITY

RSD 5.943,19

RSD 6.377,07

TOTAL LOAN AMOUNT WITH INTEREST

RSD 356.591,40

RSD 382.624,20

EFFECTIVE INTEREST RATE

7,29%

10,58%

OTHER COSTS THAT ARE INCLUDED IN CALCULATION OF EFFECTIVE INTEREST RATE

COSTS OF OBTAINING THE REPORT FROM CREDIT BUREAU

RSD 246,00

RSD 492,00

COSTS OF BILLS OF EXCHANGE ISSUANCE

RSD 50,00

RSD 100,00

 

 

 

 

 

 

 

 

 

 

 

 

Value of 6M BELIBOR is 1,07%

Calculation is performed on  15.07.2021.

 


Note: A representative example is calculated for regular clients of the Bank, as well as for other citizens who do not receive their income through the account in Komercijalna banka.

* For the possibility of submitting a request and more detailed information regarding this loan product, we invite you to contact the nearest branch of the Bank. The specific lending conditions depend on the internal segmentation of the Bank’s clients.