Taking a loan

I am taking a loan at UniCredit bank. The purpose of

taking this loan is to buy new furniture for my
apartment that was recently renovated. I will buy
furniture for mu living room and bedroom in Vitorog in
Novi Sad. I will buy two black leather sofas, two black
armchairs, a four poster bed, a wardrobe, shelves for
both rooms, two rugs, a mirror, two bedside tables and
a living room table.
Type: Dinars Consumer Loan with fixed interest rate
This loan is granted without deposit and down
payments
Clients can choose the amount of Consumer loan from
RSD 16,000 to RSD 800,000 with transfer of monthly
salary at account in UniCredit Bank, and on a
repayment period from 26 months to 6 years.
 Basic considerations and
limits
Loan amount: 300 000 RSD
Deposit or down payment: 0%
Eligibility requirements:
Debtor's creditworthiness is determined
depending on the amount of monthly
income and obligations of the debtor
For fully employed: Minimum 6 months of
employment status, and minimum 3
months of continuous employment status
with the current employer
 Nominal interest rate, fixed only in
the first two years of use: 18.50
21.80% P.A with the transfer of monthly
salary on the account in UniCredit Bank
Nominal interest rate, variable
calculation of interest is made after the
first two years of repayment: 3M
BELIBOR + margin 5.20 8.80% P.A
with the transfer of monthly
salary/pension on the account in
UniCredit Bank
Loan Request Processing Fee,
fixed:2%, minimum RSD 1,600, with
 Loan Maintenance Fee, fixed:0.50%
on the outstanding amount, which is
charged annually (with salary transfer)
Mandatory collateral instruments:
Blank bill
For employees: Administrative ban
Pre mature repayment of loans: The
bank does not charge a fee for pre
mature repayment
Margin is fixed
The method of calculating interest is
proportional
 Requirements- necessary documentation

Request for Loan approval

Dealers pro forma invoice
For employees:
Confirmation on debtors employment
Administrative ban
Payment lists
Abstract of current account in last three
months for debtor
 Repayment
Loan Nominal Nominal Effectiv Monthly Monthly Loan
amount IR IR e IR installm installm mainten
annually annually Annuall ent ent ance fee
, fixed , y fixed variable P.A.
variable rate rate fixed

300 000 18.50% NIR 17.38% RSD RSD 0.5%

RSD 8,48% 6,974.91 5,754.18
variable
3M
BELIBOR*
*+
Administrative Repayment
margin period
Total
cost, fixed 5.20%
24*6,974.91= 167,397.84
2% of the loan 72 months 48*5,574.18= 267,560.64
amount, minimum 167,397.84+267,560.64=434
RSD 1600 (6000) ,958.48