USD
GBP
CHF- You are here:
-
Home
-
Retail
-
Loans
-
Cash loans
- Loan for pensioners with life insurance policy / Refinancing
with life insurance policy
Key feature
From EUR 300 to EUR 20.000
- Repayment period from 3 to 96 months
- Fixed nominal interest rate of 7.45% / Effective interest rate of 7.94%
- Variable nominal interest rate of 6.45%+6M Euribor / Effective interest rate of 6.87%
- Bank fee from 0,75% up to 2% of the loan amount
- Quick and easy way to get loan
- Administrative withholding order on pension of a client
- Bill of exchange and bill authorization signed by a client
- Life insurance policy endorsed in favor of the Bank
* * 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
Administrative withholding order on salary/pension
Consent for an enquiry in the Credit Bureau Registry (R.K.B.)
Representative example
Loan amount
Repayment term
Nominal interest rate
Monthly repayment
Administrative fee
Effective interest rate
Total debt
20.000 €
96 months
7,45%
277,20 €
150,00 €
7,94%
26.765,66 €
Representative example (Variable interest rate)
Loan amount
Repayment term
Nominal interest rate
Monthly repayment
Administrative fee
Effective interest rate
Total debt
20.000 €
96 months
6.45%+6M Euribor
267,25 €
150,00 €
6,87%
25.810,98 €
Fiksna kamatna stopa
Varijabilna kamatna stopa
Iznos kredita
20.000 €
20.000 €
Rok otplate
96 mjeseca
96 mjeseca
Nominalna kamatna stopa
6.95%+6M Euribor
6.95%
Anuitet
272.20 €
272.20 €
Administrativna naknada
100 €
100 €
Efektivna kamatna stopa
7,33%
7,33%
Ukupan dug
20.000 €
26.235,65 €
* The calculation of the 6-month EURIBOR is done twice a year (January 1st and July 1st).
**The total debt includes the loan amount, total interest, loan processing fee, cost of bill of exchange of EUR 2 and cost of the Montenegrin Credit Registar enquiry 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