MAXIMUM AMOUNT

by the amount of the pro-forma invoice submitted for purchase of a vehicle reduced by the amount of own participation

a/ 25% OWN PARTICIPATION of loan applicants - salary recipients in the STBBT (have already received salary or statement that they will start receiving their salaries in STBBT within not later than 45 day)
b/ 30% OWN PARTICIPATION of loan applicants that are not salary recipients in STBBT

PAYMENT PERIOD – up to 84 months

Charges for loan application – MKD 500.00

Commission for approved loan

• 1% for the Bank clients
• 1.5 for other clients
  

• ½ creditworthiness (annuity/salary) for loan applicants employed in PE, budgetary or financial institutions and private companies eligible for the Bank – salary/pension recipients in STBBT or that will sign a statement that they will start receiving their salaries in STBBT within not later than 45 day
• 1/3 creditworthiness (annuity/salary) for loan applicants employed in private companies that are not salary recipients in STBBT
• age limit – maximum 64 years of age on the date of the loan maturity

7.26% - MKD loan with FX clause (for loan applicants that are salary recipients in STBBT)

10.00% - MKD loan (for loan applicants that are not salary recipients in STBBT)

* If the employer’ policy is not to verify attachment of salary, mandatory solemnization of the contract is required to include enforcement clauses.

* Additional collateral for loans over EUR 15,000.00 – notarized draft.

* There is a possibility of additional collateral in form of real estate in proportion 2/1 against the loan.