Cash loans
Cash loans are a quick and easy way to get cash. They can be used for refinancing of present credit obligations and thus all your debts can be repaid in one place.
Cash loans in RSD (including refinancing of present credit obligations)
| Example for cash loan in RSD | ||
|---|---|---|
| Clients with regular earning inflow at KBC Banka |
Other clients | |
| Loan amount | 100.000 RSD | 100.000 RSD |
| Deposit / Downpayment | without | without |
| No of monthly installments | 84 | 84 |
| NIR on annual level* | 22,00% | 29,00% |
| EIR on annual level** | 25,86% | 35,05% |
| Monthly installment | 2.361 RSD | 2.819 RSD |
| Criteria for indexing | no criteria | no criteria |
| Costs included in calculation of EIR | ||
| One-off loan processing fee | 2.000 RSD | 2.000 RSD |
| 2 bills of exchange | 100 RSD | 100 RSD |
| Basic CB report | 205 RSD | 205 RSD |
| * NIR is variable, in accordance with the value of REPO rate (in case that the value of REPO rate increased for 5 basis points is higher than the value of the contracted rate, the Bank will apply interest rate that consist of a fixed margin of 5% and the value of REPO rate), calculated according to the proportional method. ** EIR is calculated on 01.02.2012. |
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Loan terms
- Loan amount: 25.000 - 1.000.000 RSD
- No deposit
- No guarantor for loans up to 500.000 RSD
- Interest rate:
- For clients with regular earnings inflow in KBC Banka: NIR 22,00% annually, variable, in accordance with the value of REPO rate (if the value of REPO rate increased for 5 basis points is higher than the value of contracted rate, the Bank will apply interest rate that consists of a fixed margin of 5% and the value of REPO rate), calculated according to the proportional method, EIR starting from 25,78% annually (calculated on 01.12.2011. for the loan amount of 1.000.000 RSD and the repayment period 84 months)
- For other clients: NIR 29,00% annually, variable, in accordance with the value of REPO rate (if the value of REPO rate increased for 5 basis points is higher than the value of contracted rate, the Bank will apply interest rate that consists of a fixed margin of 5% and the value of REPO rate ), calculated according to the proportional method, EIR starting from 34,97% annually (calculated on 01.12.2011. for the loan amount of 1.000.000 RSD and the repayment period 84 months)
- Loan repayment term: up to 84 months
- Mode of repayment terms: in equal monthly annuities, minimal installment is 1.000 RSD
Costs
- Loan processing fee: 2% from loan amount, minimum 1.500 RSD
- Early loan repayment fee: free of charge
- 2 bills of exchange: 100 RSD
- Credit bureau basic report: 205 RSD
Collateral instruments
- For loans up to 500.000 RSD:
- 2 bills of exchange
- Administrative order of the borrower
- For loans from 500.001 to 1.000.000 RSD:
- 2 bills of exchange
- 1 creditworthy guarantor
- Administrative order of the borrower
Requested documentation
- Loan application form (Bank’s form)
- Certificate of outstanding debt (for refinancing)
- Certified data on the loan applicant (Bank’s form) for employees / decision on retirement or Confirmation on amount of pension issued by Pension Fund (for pensioners who are not Bank’s clients)
- Certified wage slips for previous 3 months and current account statement ) for the loan applicant, if required (required for Bank’s non-clients) / 3 last pension cheques and current account statement for the past 3 months if required (required for pensioners who are not Bank’s clients)
- Certified data on the guarantor (Bank’s form)
- Administrative order on salary for the loan applicant / AZ1 and AZ2 (for pensioners who are not Bank’s clients)
- Photocopy of the ID card of the loan applicant and guarantor
- Photocopy of medical booklet
General terms and criteria for granting retail loans
KEEP IN CLOSE TOUCH WITH YOUR MONEY WHEREVER YOU ARE
Most contemporary Online Banking service of KBC Banka enables you to monitor repayment of your loan at any time and at any place!
For additional information please call KBC Info telephone number (011) 30-50-575 any work day from 9:00 until 18:00 or visit our nearest branch office