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	Housing loan for renovation and reconstruction of residential property without insurance at the National Mortgage Insurance Corporation (NKOSK) from13 to 180 months
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 5.000 EUR – up to 70% from the amount of the purchase and sales value of real estate purchased from the loan or its estimated value (lower value is taken) or estimated value of real estate when the mortgage is being constituted on the real estate purchased from the loan
Participation Method of loan disbursement	No participation The funds are transferred in maximum of 4 tranches namely: maximum up to 50% to the current account of loan user the rest, by bank transfer, based on delivered pro forma invoices to the current accounts of vendors or contractors until the difference from the bill of quantities and estimate of works Usage period is maximum 90 days from the date of loan agreement conclusion.
Interest rate (on an annual basis)	From 2,50% to 2,70% (3M EURIBOR + from 2,89% to 3,09%), variable*
The fee for processing the loan application	From 0,5% to 1% of loan amount
Minimum security instruments
Promissory notes	3 (three) blank single name promissory notes, signed by the Beneficiary/joint debtor
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
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
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 December 30th, 2019 amounting -0,39%. 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	Housing loan for renovation and reconstruction of residential property without insurance at the National Mortgage Insurance Corporation (NKOSK) from 13 to 180 months
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	No participation
Repayment period	180 months
Monthly installment	203,43 EUR
Interest rate (on an annual basis)	2,70% (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 user has to pay against the loan	3,35% 37.886,55 EUR	3,96% 39.386,55 EUR
Costs which are borne by the user, that are known at the time of publication
The fee for processing the loan application	1% of loan amount
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**

*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 December 30th, 2019 amounting -0,39%. 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.