Car loan in euros

Loan amount from EUR 2,000 to EUR 25,000 in dinar equivalent at the mid-rate of the NBS.
Minimum participation 30% of the purchase price of the vehicle
Security instruments:
- Two exchange bills
- Pledge on the vehicle that is the subject of purchase (the loan user bears the costs of establishing a pledge on the vehicle, which amount to 2,000 to 5,000 dinars, depending on the amount of the approved loan).
- For loans over EUR 10,000 in dinar equivalent, vehicle insurance policy linked in favor of the bank (the loan user bears the costs of vehicle insurance).

Potential loan beneficiaries should have a minimum of one year of work experience and six months with their last employer. The above must also apply to any guarantor.
The loan beneficiary and the guarantor cannot be pensioners at the same time.
A loan can be granted to a client who has not been in arrears for more than 30 days continuously or a total of 60 days in the last 12 months.
The minimum amount of net monthly average salary/pension is 20,000 dinars.
The borrower can buy a vehicle for a close family member in whose name the vehicle will be registered.

The borrower has the option of choosing between a fixed and a variable interest rate:
- The fixed interest rate remains in effect from the moment of contracting until the final repayment of the loan.
- The variable interest rate is adjusted every 6 months depending on the movement of the 6M Euribor.
Other costs borne by the client:
- The cost of the credit bureau report - 246 dinars
- The cost of exchange bills (two bills) - 100 dinars
- The cost of the pledge - from 2,000 to 5,000 dinars, depending on the amount of the loan
- The cost of comprehensive insurance - depending on the insurance company and the value of the vehicle

Type of loan	Consumer loan for buying a car
Currency loan	Dinar loan with a currency clause, indexed in euros (with the application of the middle NBS exchange rate for the payment and repayment of the loan)
Deposit	No deposit
Participation	The minimum down payment is 30% of the purchase price of the vehicle
Loan amount	8,000 euros
Repayment period/installment number	Up to 84 months
Nominal interest rate (annual, variable)	7.03% + 6M Euribor, on January 8, 2025. is 2.631%
Monthly payment	120 euros
Effective interest rate (as of January 8, 2025)	From 7.12%
Total loan amount with interest	10,101.74 euros
Other costs:
The cost of issuing a credit bureau report	246 dinars
The cost of establishing a pledge on the vehicle	2.000 dinars
Bills of exchange cost	100 dinars
The cost of comprehensive vehicle insurance	Clients are only required to provide comprehensive vehicle insurance for loans over 10,000 euros, equivalent in dinars. The amount of comprehensive vehicle insurance depends on the specific insurance company

You can get a detailed offer for other loan amounts in all Adriatic Bank branches.

Type of loan	Consumer loan for buying a car
Currency loan	Dinar loan with a currency clause, indexed in euros (with the application of the middle NBS exchange rate for the payment and repayment of the loan)
Deposit	No deposit
Participation	The minimum down payment is 30% of the purchase price of the vehicle
Loan amount	8,000 euros
Repayment period/installment number	Up to 84 months
Nominal interest rate (annual, fixed)	10.5%
Monthly payment	132.89 euros
Effective interest rate (as of January 8, 2025)	From 10.6%
Total loan amount with interest	11,184.50 euros
Other costs:
The cost of issuing a credit bureau report	246 dinars
The cost of establishing a pledge on the vehicle	2,000 dinars
Bills of exchange cost	100 dinars
The cost of comprehensive vehicle insurance	Clients are only required to provide comprehensive vehicle insurance for loans over 10,000 euros, equivalent in dinars. The amount of comprehensive vehicle insurance depends on the specific insurance company.