Loans for the purchase of new and used vehicles, indexed in euros with a repayment term of up to 7 years.
Loan conditions
- 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) | 8.5 %+6M Euribor, on July 23, 2018. is 8.23% |
| Monthly payment | 124.45 euros |
| Effective interest rate (as of July 23, 2018) | From 8.93% |
| Total loan amount with interest | 10,457 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 | 132.95 euros | |
| Effective interest rate (as of July 23, 2018) | From 11.2% | |
| Total loan amount with interest | 11,172 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.
