Dinar Cash Loan with Variable Interest Rate

There is always the right time for a  Dinar cash loan!

We all have our dreams and in various ways we try to achieve them. Sometimes we need someone to encourage us and show that the dreams are there to revive them. It is therefore important that we have someone who believes in our dreams. Dinar cash loan is here for everything that matters to us!


BENEFITS

  • Variable interest from: NIR 5.99%, EIR 9.24%
  • Loan amount: up to RSD 3,000,000 
  • Repayment period: up to 95 months

WHICH ARE THE CONDITIONS TO GET THE LOAN

The offer is valid for new clients who open an account and transfer salary to UniCredit Bank, as well as for existing clients who already have an opened account and receive salary in UniCredit Bank.

Credit rating is determined depending on the amount of monthly income and obligations of the loan user.

For permanent employees: minimum 6 months of employment, of which at least 3 months for the current employer.

Terms for Dinars Cash Loan with variable interest rate with insurance

  • Minimum Loan Amount up to RSD 3.000.000, with the transfer of monthly salary on the account in UniCredit Bank
  • Repayment period: up to 95 months with fixed and variable interest rate
  • Nominal interest rate, variable: 

3M Belibor** + fix margin 3,06%, for period up to 12 months, EIR from 10,43%


3M Belibor** + fix margin 3,56%, for period from 13 to 24 months, EIR from 9,24%


3M Belibor** + fix margin 4,60%, for period from 25 to 36 months, EIR from 9,79%


3M Belibor** + fix margin 6,60%, for period from 37 to 95 months, EIR from 11,23%


  • Loan Request Processing Fee, fixed: 2% minimum RSD 1,600, with the transfer of monthly salary, with/without refinancing.
  • Loan Maintenance Fee, fixed: 0,50% on the outstanding amount, which is charged annually (with salary transfer).
  • Mandatory collateral instruments:
    • Blank bill
    • Administrative ban
    • Credit protection insurance*
  • Criteria for indexing / revaluation of loans: none
  • The bank does not charge a fee for pre mature repayment
  • The method of calculating interest is proportional

* Insurance covers the loss of employment, a temporary inability to work due to an unexpected trouble event - an accident, permanent disability of 50% to 100% as a result of an unexpected trouble event - an accident, serious illness, insolvency of legal heirs.

**3M BELIBOR + margin; 3M Belibor value on 4th of October, 2018 amounts to 2,93%; 3M Belibor is adjusted quarterly every January 6th, April 6th, July 6th and October 6th until the end of repayment period, in the way to take 3M BELIBOR value defined at the market 2 working days before the date of adjustment. If the date of adjustment is during the weekend, it moves to the next working day. Margin is fixed. The method of calculating interest is proportional.

Necessary Documentation

  • Request for Loan approval*
  • For employees:
    • Employment Confirmation of loan applicant*
    • Administrative ban*
    • Salary Lists
    • Currents account statement for previous 3 months

*Documentation can be obtained at UniCredit Bank 

Costs

The cost of maintaining the account (in case the client is not already using RSD current account at the bank), variable:

  • RSD 149 per month

Account maintenance fee is variable in accordance with the Framework Agreement that User has signed with the Bank. The change will be applied from the date which is indicated as the date of application, and earliest after the expiration of 60 days upon notification of the User regarding the change, whereby if the Bank was not informed by User that he/she is not compliant with the change, it will be considered that User agrees with the new fee.

Other costs:

  • Price of the bill of exchange 50 RSD per bill *    
  • Credit Bureau 246 RSD (per report) *

    * Estimated costs in dinars (absolute amount)

Representative example for Dinars Cash Loans with variable interest rate with insurance

Dinars Cash Loans with variable interest rate with insurance with salary transfer, with/without refinancing:

Loan amount NIR annually, variable EIR annually Monthly installment, variable rate Loan maintenance fee P.A, fixed Administrative cost, fixed Repayment period
RSD* 1,000,000      5,99%,          3M Belibor** + fix margin 3,06%   10,43% RSD 86.097,10 0.50% 2% of the loan amount, minimum RSD 1600 12 months
RSD* 1,000,000       6,49%,          3M Belibor** + fix margin 3,56%   9,24% RSD 44.584,01 0.50% 2% of the loan amount, minimum RSD 1600 24 months
RSD* 1,000,000       7,53%,          3M Belibor** + fix margin 4,60%   9,79% RSD 31.170,49 0.50% 2% of the loan amount, minimum RSD 1600 36 months
RSD* 1,000,000       9,53%,          3M Belibor** + fix margin 6,60%   11,23% RSD 15.102,07
 0.50% 2% of the loan amount, minimum RSD 1600 95 months

*The loan is without indexation

**3M BELIBOR + margin; 3M Belibor value on 4th of October, 2018 amounts to 2,93%; 3M Belibor is adjusted quarterly every January 6th, April 6th, July 6th and October 6th until the end of repayment period, in the way to take 3M BELIBOR value defined at the market 2 working days before the date of adjustment. If the date of adjustment is during the weekend, it moves to the next working day. Margin is fixed. The method of calculating interest is proportional.

For all additional information, please do not hesitate to contact us on our Info telephone 011/3777 888 or visit one of our branch offices throughout Serbia.

Important notice:

  • If you would like to get acquainted with the banking terminology in order to understand better our products and services, please visit official web site of National Bank of Serbia on the following link: www.tvojnovac.nbs.rs