alt=”Car loans” title=”Car loans”/>

Car loans

Loans for purchasing new or used vehicles.

Why You will love it

Loans up to 100.000 KM

Repayment deadline up to 7 years.

Purchase of new or used vehicles

Cars, light commercial vehicles, scooters, motorcycles, tractors, ski-jets from legal or natural entities

Car loan

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Loans for purchasing new or used vehicles bring You the following possibilities and benefits.

  • NIR already from 4,79% (EIR 7,00%).*
  • Possibility to purchase used or new car.
  • Loans up to 100.000 KM.
  • Repayment deadline up to 7 years.

Overview of loan installments for purchasing vehicles

Amount KM3 years4 years5 years7 years
10.000298,77229,34187,75140,35
30.000896,30688,03563,26421,06
50.0001.493,841.146,71938,76701,77
70.0002.091,371.605,401.314,26982,48
100.0002.987,672.293,431.877,521.403,54

* Effective interest rate (EIR) for car loan is calculated to the maximum amount and loan repayment deadline, taking into consideration all costs which might be at the cost of the loan beneficiary (fee for loan processing and maintenance, fee for CRL report, cost of full casco insurance and costs of bills of exchange and certifying necessary documentation for the Bank’s Client).

Loan is granted with the variable interest rate in the KM currency.

  • Loan beneficiary
    • Resident with place of residence in Bosnia and Herzegovina with regular monthly income.

  • Loan purpose
    • Purchase of new or used vehicles, easy commercial vehicles, scooters, motorcycles, tractors, ski-jets from legal or natural persons. When purchasing the used vehicles, the age of vehicle cannot be older than 5 years at the moment of purchase.

Loan repayment deadline

    • Up to 7 years.

Security instruments

    • Certified documents on salary foreclosure.
    • 2 bills of exchange.
    • Lien on vehicle.
    • The Bank is entitled to request additional collateral depending upon the risk estimate criteria (employment company, credit history of applicant and similar).

For more information please contact:

DOCUMENTATION

Loan calculator

The loan calculator calculates the monthly installment or total loan amount.
It is necessary to enter the loan duration and nominal interest, as well as the desired loan amount or the desired monthly installment.

Loan duration in years

Nominal interest %

Loan amount in KM

Monthly payment in KM

NOTICE: The loan calculator is for informational purposes only. Exact values are provided in our offices.