| Loan amount |
MKD 10,000.00 to MKD 120,000.00
|
| Loan term |
12,18, 24, 36, 48, 60 months |
| Loan purpose |
Payment of costs for purchasing products through NEPTUN MAKEDONIJA DOO Skopje |
| Nominal interest rate |
- 9.25% for denars, variable (reference interest rate of 1.28% increased by 7.97%, but not exceeding the legal penalty interest for denar claims)*
- 0% interest in promotional periods
* The reference interest rate shall be the rate announced and available on the web site of NBRM (www.nbrm.mk) each 25.06. and each 25.12. under the name „ interest rate for denar deposits without currency clause“ and shall apply for the current six-months period (until the end of the respective six-months period). Current applicable reference interest rate is 1.28%. The Bank shall regularly announce the applicable reference interest rate for interest calculation at its website. LINK |
| Annual rate of total expenses (RTE) |
11.19% % p.a. (RTE extent depends on the loan repayment period, loan amount, the amount of the loan costs that are included in the calculation of RTE and the extent of the nominal interest rate) |
| Early repayment |
Early partial or full loan repayment shall be free of charge |
| Criteria: |
-
Applicants who are recipients of a salary of at least MKD 12,000 on a transaction account with the Bank or are not recipients of a salary on a transaction account with the Bank, provided that they have any exposure in another bank;
-
Pensioners receiving their pension on an account with the Bank in the amount of minimum MKD 9,000;
- Applicants employed for an indefinite period of time or for a fixed period of at least 6 months in the specific company;
- The monthly instalment should be 1/2 of the applicant’s monthly net-income;
- The age of the Borrower should not exceed 70 years with the last monthly instalment;
- According to the Credit Register of NBRNM and Bank’s credit classification, the applicants should be classified into A risk category;
- The applicants should be members of the credit intermediary’s loyalty program “NEPTUN happy”
|
| Loan costs |
- 3% loan approval and administration fee, minimum MKD 700;
- Grace period interest rate at loan interest rate (the charges for loan approval / administration shall be charged from the applicant at NEPTUN Makedonija shops)
- MKD 300 fee for check at the Macedonian Credit Bureau (charged at NEPTUN Makedonija shops when submitting the loan application, regardless whether the loan will be approved or not)
|
| Collateral |
- Standing order
- Administrative ban on salary
- No guarantors
|
| Repayment |
- monthly instalments
- instalment becoming due - on the 16th day of each month
|
| Documents required |
- Loan application, verified by signature and seal by the legal entity the applicant is employee of (Bank’s Application Form);
- The latest pension cheque
- Verified statement of client’s fx account where foreign pension is received at (applicable for clients who receive foreign pension);
- М1/М2 Form (for employed clients)
- Photocopy of valid ID card or passport
|
Komercijalna Banka shall keep its discretion right to reject the loan application
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