Purpose loan:

for purchase of real estate – flat under purchase pre-agreement submitted by Bortas DOO Skopje.

MAXIMUM AMOUNT:

Depending on the real estate value under purchase pre-agreement/agreement reduced by own participation amount.

OWN PARTICIPATION:

20% own participation / possibility of participation free with a proportion 2/1 against the mortgage value, of which purchased real property is mandatory.

REPAYMENT PERIOD:

-up to 360 months;

Application costs

• MKD 700.00

Commission for approved loan -

• 1% to the approved amount

Prepayment fee:

• commission free for prepayment of up to 20% of the remaining portion of the loan principal in the current month;
• 3% of prepaid loan principal for amounts over 20% of the remaining portion of the loan principal.

• Creditworthiness 1/2 annuity/salary
• Possibility of including not more than one loan applicant (close family member)
• Age limit – maximum 75 years of age on the loan maturity date
• Mandatory transfer of salary through the Bank

COLLATERAL INSTRUMENTS:

Draft and draft endorsement, attachment of salary/standing order for pensioners, insurance policy of the real estate assigned in favor of the Bank and one of the two options offered:

1/ participation of at least 20% and mortgage on the flat or house (subject to purchase);

2/ mortgage on the real estate in proportion 2:1 against the loan value, of which purchased real property is mandatory.

1.90% fixed interest rate in the first three years (annually) in case of regular repayment, i.e. not later than 30 days of the maturity date of the annuity;

6.95% adjustable interest rate after the third year, it the borrowers regularly service their loan obligations, i.e. not later than 30 days of the maturity date;

7.632% adjustable interest rate after the third year as well as in the first three years, if the loan is not regularly repaid, i.e. the borrower is in delay of one or more annuities.

GRATIS PRODUCTS:

• credit card with overdraft limit amounting to 3 salaries without assessment of the creditworthiness
• allowed overdraft on a transaction account of up to 2 salaries
• E-Banking