Loan for Purchase of Fixed Assets - Biz Invest
Long-term investment loan
- Loan may be in dinars or indexed in euros
- Repayment period up to 120 months
- Grace period up to 12 months
- Collateral: pledge of chattels, mortgage, co-borrowing by a single legal entity or several legal entities (mandatory for related parties)
Loan for Purchase of Fixed Assets - Biz Invest in dinars
Long-term investment loan
- Loan may be in dinars or indexed in euros
- Repayment period up to 120 months
- Grace period up to 12 months
- Collateral: pledge of chattels, mortgage, co-borrowing by a single legal entity or several legal entities (mandatory for related parties)
- Key features
- Representative example
Type of loan | Loan for purchase of fixed assets – Biz Invest |
Currency | RSD |
Indexing criteria | No indexing criteria |
Loan amount | 5.000 – 500.000 EUR* |
Repayment period | Up to 120 months |
Interest rate (at annual level) | 3M BELIBOR + 13.83% annual, variable |
Collateral | For loans with repayment period up to 36 months:
|
Expenses charged to the loan beneficiary’s account that are known at announcement and are calculated in the effective interest rate | |
Loan application fee | 1–3% of the loan amount in dinars, as single payment |
1 promissory note | RSD 50 |
Credit Bureau statement | RSD 600 for entrepreneurs or RSD 1,440 for legal entities |
Tax certificate (for entrepreneurs) | RSD 580 |
Notarization of pledge | RSD 10,080 * |
Insurance of real property – annual | EUR 40 * |
Issuing of the real estate folio | EUR 10 * |
Appraisal of real property | EUR 100 * |
Mortgage inscription fee | RSD 20,000 * |
Pledge inscription fee | RSD 1,000 * |
* Expenses charged to the loan beneficiary’s account, calculated in the effective interest rate, the value of which is outside of the bank’s competence. Please note that these are provisional (average) amounts, not dependent on the bank but on the fees and compensations of courts, Republic Geodetic Authority, insurance premiums of insuring companies, etc. | |
Expenses charged to the loan beneficiary’s account that are not known at announcement | |
No additional charges |
Type of loan | Loan for purchase of fixed assets – Biz Invest |
Currency | RSD |
Indexing criteria | No indexing criteria |
Loan Amount | RSD 50,000,000 |
Repayment period | 120 months |
Monthly instalment | RSD 808.405,01 |
Interest rate (at annual level) | 3M BELIBOR + 13,83% annual, variable 3M BELIBOR on 1.10.2020. = 1,02% |
Effective interest rate (at annual level) | 16,81% |
The total amount that the user will return at the end of the contract period | RSD 97.606.726,05 |
Expenses charged to the loan beneficiary’s account that are known at announcement and are calculated in the effective interest rate | |
Loan application fee | RSD 1,000,000 |
15 promissory notes | RSD 750 |
Credit Bureau statement | RSD 600 (for entrepreneurs) |
Tax certificate (for entrepreneurs) | RSD 580* |
Notarization of pledge | RSD 10,080 * |
Property insurance – annual | EUR 40 * |
Issuing of the real estate folio | EUR 10 * |
Appraisal of real estate | EUR 100 * |
Mortgage inscription fee | RSD 20,000 * |
* Expenses charged to the loan beneficiary’s account, calculated in the effective interest rate, the value of which is outside on the bank’s competence. Please note that these are provisional (average) amounts not dependent on the bank but on the fees and compensations of courts, Republic Geodetic Authority, insurance premiums of insuring companies, etc.