Investment loans
A personal loan is for those who can provide proof of a regular monthly income. The loan can be used for a variety of purposes such as purchasing a car, renovation etc.
| Description | Terms |
|---|---|
| Loan amount | Minimum 20.000 BAM – Maximum 60.000 BAM |
| Repayment term | Up to 60 months |
| Interest rate (starting from) | 4,5% |
| Effective interest rate* (starting from) | 5,37% |
| Processing fee | 1.% |
| Collateral | 2 promissory bills and SOP form |
| * EIR calculated on a loan of KM 40,000 with repayment term of 36 months, interest rate of 4,5% and a processing fee 1%. | |
Example: Repayments of Investment Loan
| 20.000 BAM | 30.000 BAM | 40.000 BAM | |
|---|---|---|---|
| 12 months | 1.708,20 | 2.562,49 | 3.416,41 |
| 24 months | 873,55 | 1.310,32 | 1.747,09 |
| 36 months | 595,56 | 893,28 | 1.191,04 |