Overdraft Facility bearing fixed interest rate
If you need some additional money, this is very simple solution. You may use the approved amount for your needs, interest rate shall be applied only on the utilized amount and for the days of utilization.
Payment accounts holders (individuals) are entitled to request the approval of overdraft facility as soon as the first inflow of earnings or pensions is credited to this account and if a positive balance is recorded at the time of the overdraft approval.
An overdraft approval may be granted upon your written application upon the Bank make assessment of the following data: applicant’s average account income for three months period (account turnover), Credit Bureau Report, employer’s confirmation on applicant’s last three month’s net salary / last pension cheque (concerning new clients who at the time of application do not have three month’s salary / pension income) and confirmation on deposited security instruments.
|Credit amount||Maximum up to 1,5 of the net average salary in the three previous months, not exceeding 1.000.000 RSD|
|Repayment period||Up to 12 months|
|Nominal interest rate per month||26,00%|
|Interest rate calculation method||Conform method|
|Credit processing fee||Free of charge|
|Credit repayment||Flat upon maturity|
|Credit disbursement||By calculation of the authorized overdraft under the current account|
|Security instruments||One applicants blank solo bill of exchange|
|EKS(%)||Interest gross amount||Total|
|100.000,00 RSD||12 mounths||26.00||26.38||25,924.82 RSD||125,924.82 RSD|
Credit bureau charge: 246,00 RSD
Fee for one bill of exchange: 50,00 RSD
Fee: free of charge