Minimum conditions for employment and receipt of salary	Full-time employment and receipt of salary through the account opened with Banca Intesa, at the latest by loan disbursement
Type of loan	Loans for Refinancing Housing Loans Approved by Other Bank
Loan currency	EUR
Criteria for indexing	Dinar equivalent per NBS middle exchange rate on the date of loan disbursement
Period for which the loan is granted	from 13 to 180 months
Loan amount	From 10.000 EUR – up to the amount of debt the client under the housing loan, based on a confirmation issued by the bank which refinances the loan, up to 80% of appraised value of real estate mortgage is instituted on
Participation	No participation
Interest rate (on an annual basis)	From 2,54% to 2,74% (3M EURIBOR + from 2,89% to 3,09%) variable*
The fee for processing the loan application	No fee
Minimum security instruments
Promissory notes	Insurance policy for the mortgaged immovable property against basic risk and the additional risk of water leakage from the installations at “the first risk”, to the full construction value, with vinculation in favor of the Bank
Property insurance	Insurance policy for the mortgaged immovable property against basic risk and the additional risk of water leakage from the installations at “the first risk”, to the full construction value, with vinculation in favor of the Bank For facilities under construction - a copy of the investor’s insurance policy, valid until the end of the construction
Mortgage	“Executive out-of-court mortgage” of the 1st (first) rank in favor of the Bank. For the registered immovable property, the loan is disbursed before submitting the Decision on the Mortgage Registration For facilities under construction where a mortgage has already been established in favor of a bank that finances the investor, an “Executiove out-of-court mortgage" of the 2nd (second) rank in favor of the Bank, on condition that after repayment of the loan, the mortgage relating to the investor’s funding shall be released, and the mortgage relating to the housing loan shall become the 1st (first) rank mortgage. The loan is disbursed based on the Decision on the Registration of the 2nd rank Mortgage
Life Insurance (optional, according to Client’s selection)	Life insurance policy with vinculation in favor of the Bank

*Harmonization of interest rate with the level of 3M EURIBOR on a quarterly basis (March 30, June 30, September 30 and December 30), and the level of interest rate at loan disbursement corresponds to the interest rate established for the current quarter. For loans approved until 30th in month, the intercalary interest shall be calculated from the date of loan disbursement to the date of transfer in repayment, at the interest rate equaling the contracted interest rate. The intercalary interest shall be charged upon the expiration of the utilization period on 30th in month. The value used for the calculation was 3M EURIBOR as of June 30th, 2019 amounting -0,35%. The loan shall be repaid in accordance with the NBS middle exchange rate ruling for EUR on the date of maturity of annuity. A change of EUR exchange rate against RSD may lead to significant change of total amount in RSD which is subject to repayment.

Other calculations related to this product can be taken over at Intesa Casa centers and larger Bank’s branches.

Type of loan	Loans for Refinancing Housing Loans Approved by Other Bank
Loan currency	EUR
Criteria for indexing	Dinar equivalent per NBS middle exchange rate on the date of loan disbursement
Real estate purchase and sales price	30.000 EUR
Participation of the client	No participation
Repayment period	180 months
Monthly installment	204,03 EUR
Interest rate (on an annual basis)	2,74% (3M EURIBOR + 3,09%), variable.*
	Calculation example without life insurance	Calculation example with life insurance
Effective Interest Rate (on an annual basis) The total loan amount that that user has to pay against the loan	3,24% 37.694,16 EUR	3,85% 39.194,16 EUR
Costs which are borne by the user, that are known at the time of publication
The fee for processing the loan application	No fee
Bills of exchange (three)	150 RSD
Basic credit bureau report	246 RSD**
Certification of pledge statement	10.080 RSD**
Property insurance - annually	40 EUR**
Issuance of real estate folio	10 EUR**
Property evaluation	100 EUR**
The fee for registration of mortgage	20.000 RSD**
Life insurance - annually (optional)	None	100 EUR**

*Harmonization of interest rate with the level of 3M EURIBOR on a quarterly basis (March 30, June 30, September 30 and December 30), and the level of interest rate at loan disbursement corresponds to the interest rate established for the current quarter. For loans approved until 30th in month, the intercalary interest shall be calculated from the date of loan disbursement to the date of transfer in repayment, at the interest rate equaling the contracted interest rate. The intercalary interest shall be charged upon the expiration of the utilization period on 30th in month. The value used for the calculation was 3M EURIBOR as of June 30th, 2019 amounting -0,35%. The loan shall be repaid in accordance with the NBS middle exchange rate ruling for EUR on the date of maturity of annuity. A change of EUR exchange rate against RSD may lead to significant change of total amount in RSD which is subject to repayment.

Other calculations related to this product can be taken over at Intesa Casa centers and larger Bank’s branches.

** Costs to be borne by the Beneficiary, included in the calculation of effective interest rate, on which the Bank has no influence. Please note that this concerns framework (average) amounts on which the Bank has no influence, and which depend on court taxes and fees, Republic Geodetic Authority, premium insurance of Insurance Companies and the like.