Purpose:

Purpose loan – funds are used for closing liabilities to other banks (10% of the amount may be used non-purposely)

Maximum amount:

depending on the loan applicant’s creditworthiness

WITHOUT GUARANTORS – up to MKD 300,000.00 for employees in PEs, budgetary and financial institutions and private companies eligible for the Bank

WITH 1 GUARANTOR – from MKD 301,000.00  to MKD 600,000.00 - for employees in PEs, budgetary and financial institutions and private companies eligible for the Bank

WITH 1 GUARANTOR – up to MKD 300,000.00 for employees in other private companies

WITH 2 GUARANTORS – from MKD 601,001.00 to MKD 900,000.00 - for employees in PEs, budgetary and financial institutions and private companies eligible for the Bank

WITH 2 GUARANTORS – from MKD 300,001.00 to MKD 450,000.00 for employees in other private companies

WITH MORTGAGE on real estate in proportion of at least 2/1 for amounts over MKD 600,000.00 / EUR 10,000.00 for employees in other private companies, or over MKD 900,001.00 / EUR 15,001.00 for employees in PEs, budgetary and financial institutions and private companies eligible for the Bank

Repayment period

- up to 95 months

Application costs

• MKD 500.00 for loans not secured by mortgage
• MKD 700.00 for loans secured by mortgage
  

Commission for approved loan - 0% 

• ½ creditworthiness (annuity/salary) for loan applicants who are employed in PEs, budgetary and financial institutions and private companies eligible for the Bank / if the loan is secured by mortgage, the mortgage value is to be in proportion of at least 2: 1 against the loan amount
• 1/3 creditworthiness (annuity/salary) for loan applicants who are employed in other private companies / if the loan is secured by mortgage, the mortgage value is to be in proportion of at least 2: 1 against the loan amount
• ½ creditworthiness (annuity/salary) for guarantors
• age limit – maximum 64 years of age on the loan maturity date
  

• 7.632% MKD loan with FX clause
• 11.25% MKD loan
  

* If the employer’s policy is to not verify attachment of salary, mandatory solemnization of the agreement with enforcement clauses is necessary.

** One guarantor may be replaced by solemnized loan agreement with enforcement clauses signed by the loan applicant if possessing property in their own name, or by another co-debtor who possesses property in their own name