Home Improvement Loans

Bearing in mind your needs and abilities, ProCredit Bank offers to you loans for renovation and adaptation enabling you to make your home more beautiful.

ProCreditBank has entered into business cooperation agreements with numerous renowned firms through which you may procure materials required for renovation of your home, with more favourable terms to obtain loan proceeds!

For regular monthy income receivers through ProCredit Bank, there is a possibilty of loans up to 5000 KM without guarantors on 36 months period!

Description

Terms

Loan amount

From 2,000 KM to 20,000 KM

Repayment term

Up to 8 years

Minimum loan instalment

100 KM

Interest rate

For Bank clients:
up to 24 months- 8.0%,
from 25 to 84 months – 8.5%
over 84 months, six-month EURIBOR + 7.5%
For private individuals who are not Bank clients:
up to 24 months 9.5%,
from 25 to 84 months -10.5%
over 84 months, six-month EURIBOR + 8.5%

Effective interest rate*

9.83%-12.08%

Processing fee

1-1.5%

Collateral

Depending on amount and time-period: 
guarantor(s), pledge, deposit, mortgage, or a combination of the stated types of collateral

 *EIR calculated on maximum loan amount, with a repayment term of 48 months, accompanying interest rate, and maximum processing fee 
 

EXAMPLE: Renovation loan for Bank clients

The values noted in the table are not final and serve to informative purposes only.

  3.000 KM 5.000 KM 7.000 KM 10.000 KM
24 months 135,82 226,37 316,91 452,73
36 months / 158,09 221,33 316,19
60 months / 102,86 144,01 205,73
84 months / / 111,27 158,96
96 months / / 101,46 144,94

                

 

Print Send to a friendDownload as MS Word