| Loan amount |
From 500,000 RSD to 2,000,000 RSD |
| Repayment period |
From 12 to 84 months |
Interest rates*
*method of calculating interest is proportional |
Nominal interest rate,
variable |
Effective interest rate |
3M Belibor + 6% fixed margin
(16.57% on 04/16/2013) |
from 19.71%
Representative example was prepared in accordance with the cost of NBS in accordance with the maximum amount of this type of loan approved by Piraeus Bank. |
The interest rate is variable part of the reference rate.
The variable interest rate will be adjusted in line with changes in 3 month Belibor, the reference interest rate for dinar funds offered by banks in the Serbian Panel interbank market. |
| Conditions |
Obligatory current account in Piraeus Bank |
| Penalty interest rate |
In case of arrear or failure to pay any monetary obligations of the Borrower to the Bank on time, the Bank will charge penalty interest at a rate determined by the default interest rate ("Sl. glasnik RS", br. 119/2012) (legal interest), starting from the due date until the date of full settlement of due and arrears. The default interest rate is determined on an annual basis in the amount of the interest rate of the European Central Bank to its main refinancing operations increased by 8 (eight) percentage points and it was published on the website of the National Bank of Serbia www.nbs.rs. |
| Participation |
Minimum 20%
(not obligatory if the mortgage is on a another building which value is 1:1.3) |
| Grace period |
No |
| Loans repayment |
In equal monthly installments, which shall not be less than 20 euros. |
Loans costs
(fixed costs) |
- Loan application – 20€ in dinars (0 with Go Smart pack current account)
- Banks fee - 2% (one off)
- 0.15% on the rest of the debt, one off, date of realization of loans each year until the end of term (0 with Go Smart pack current account)
|
| Additional costs not affect by the Bank, which depend on the fees and charges of courts, Geodetic Authority, insurance companies, etc. |
- Credit bureau report: 205 RSD + VAT (246 RSD)
- Bill: 50 RSD
- Verification of pledge: 550 RSD
- Value assessment: 100 EUR
Value assessment, made by authorized assessor from Piraeus Bank, every 3 years.
- Property insurance in favor of Piraeus Bank: 40 EUR, annually
- Issurance of immovable property: 10 EUR
- Mortgage (0.2% + 8,000 RSD): 60 EUR + 8,000 RSD
|
Premature repayment
(full or partial) |
- Only for purchase, if premature repayment amount is bigger than 1,000,000 RSD in period of 12 months
- 1.00% from premature repayment amount, if period between premature repayment and loan due date is longer than 12 months
- 0.5% from premature repayment amount, if period between premature repayment and loan due date is shorter than 12 months
- 0% for refinancing loan
|
| Interkalar interest |
Paid from own founds on disbursement occasion |
