Purpose-Specific Loans
Purpose-Specific Loans
Purpose-Specific Loans
Based on creditworthinessLoan amount
up to 120 monthsRepayment period
from 4.99%Interest (fixed)
LoansCategory
Benefits
Why ProCredit?
- 01Loan amount based on the borrower's creditworthiness
- 02Repayment period up to 120 months
- 03Nominal interest rate starting from 4.99% fixed
- 04Effective interest rate 5,94% fixed
Product terms
Key conditions
Purpose-Specific Loans
| Amount/repayment period | 3 years | 5 years | 10 years |
|---|---|---|---|
| 50,000 BAM | 1,487.12 BAM | 943.33 BAM | 534.98 BAM |
| 80,000 BAM | 2,379.40 BAM | 1,531.42 BAM | 879.75 BAM |
| 100,000 BAM | 2,974.25 BAM | 1,914.27 BAM | 1,099.69 BAM |
*The Annual Percentage Rate (APR) for a purpose-specific loan is calculated at a fixed interest rate of 5.19% for an amount of 50,000 BAM and a loan repayment period of 120 months, for Bank clients. The APR calculation includes all costs that may be borne by the loan user (loan processing fee, loan account maintenance fee, CRK report fee, document certification costs, promissory note costs, and standing order registration costs).
Documentation
What you need
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