Fast cash loan
Key feature
From EUR 300 to EUR 30.000
- Quick and simple procedure
- Repayment term: 3-60 months
- Nominal interest rate: from 10,50%
- Effective interest rate from 11,51%
- Bank's fee: 1% - 2% of the loan amount
- Bill of exchange and bill of exchange authorization signed by the client / guarantor
- Mortgage (optional)
* * The Bank reserves the right to accept an alternative security instrument if found acceptable and in line with the Bank's business policy.
Required documentation
Loan application
Employment certificate
Administrative withholding order on salary/pension
Consent for an enquiry in the Credit Bureau Registry (R.K.B.)
Example
Loan amount
Repayment period
Nominal interest rate
Monthly installment
Administrative fee
Effective interest rate
Total debt
30.000 €
60 months
10,50%
644,88 €
300,00 €
11,51%
38.998,07 €
* The total debt includes the loan amount, total interest, loan processing fee, cost of bill of exchange of EUR 2 and cost of enquiry in the Montenegrin Credit Registar of EUR 3.00.
** The data on this loan may vary depending on the client's solvency. For more information, please visit a local branch of Lovćen banka AD or make an appointment by phone on 19 993 or send an e-mail to: kontakt@lovcenbanka.me