HOW TO GET LOANS FOR VEHICLE REGISTRATION?
The loan repayment period may be agreed for a period of up to 1 year. The loan is repaid in equal monthly installments in accordance with the Repayment Plan.
A vehicle registration loan is a dedicated loan without a loan repayment fee and without a nominal interest rate, while the effective interest rate depends on the loan amount, the repayment period and the costs that are included in the calculation of the loan.
Monthly annuities for individual loan amounts and repayment deadlines
|Value BAM||Payment period 3 m||Payment period 6 m||Payment period 9 m||Payment period 12 m|
If the Loan beneficiary JSC approved a loan in the amount of KM 5.000,00, with a repayment period of 3 years, at a nominal interest rate of 21.00% per year, which would be provided with a bill signed by the borrower, then the effective interest rate was 25,50% per year, and the monthly annuity: 188.83 KM.