Type: Revolving credit line

  • In RSD
  • With FX clause

Currency: 1. RSD indexed with BELIBOR  2. RSD indexed in EUR, CHF, USD
Target Market: Legal entities
Terms of product approval: Depend on the customer’s creditworthiness 
Amount: According to customer’s needs and creditworthiness

Repayment period:

  • Up to 60

Interest Rate: According to document “Interest Rates”
Contracted Interest rate for delay: Contracted Interest rate for delay is calculated according to document “Interest rates”.
Fees: According to document “Fees and Commissions”
Repayment method: Disbursement and repayment of the loan is on customer’s request, with   condition that whole amount could not be higher than defined amount in revolving line contract and not longer than defined maturity date.

Calculation of interest on loan Loan is debited with the following interest:

  • Regular interest – is calculated in accordance with the repayment schedule.
  • Contracted interest for delay is calculated at the last day of the each month, and on maturity date, calculated on overdue principal amount, overdue fee and overdue Interest, once a month.

Security instruments
Required security instruments depending on customer’s creditworthiness:

  • B/E
  • Guarantors
  • Mortgages
  • Cash collateral
  • Pledge
  • Assignment of receivables
  • Counter – Guarantee
  • Other collateral

Documentation which proves that the loan has been used for the contracted purpose
The customer is obliged to submit to the bank Invoice, pro-forma invoice, single administrative document and other requested documentation if necessary according to regulations and/or Bank’s policy.