Standard cash flow - Prva Banka Crne Gore

We have prepared for you cash loans with even more favourable repayment terms. This is the right solution for you when you need a small amount of money.

LOAN AMOUNT 500000

TERM (in months) 24

MONTHLY RATE:

277,78 €

TOTAL:

70.651,8 €

* The data from the calculator is of informative character

NOMINAL INTEREST RATE

5.99%

LOAN AMOUNT

from 3.000€

TERM

up to 48 months*

Effective interest rate: from 7,27%**; Arrangement fee: from 1,50%;
Penalty interest rate: 2,00% monthly; Client's creditworthiness: the monthly instalment must not exceed 50% of the regular net monthly income.

*up to €4,999.99 - 12 months
from €5,000.00 to €6,999.99 - 18 months
from €7,000.00 to €8,999.99 - 24 months
from €9,000.00 to €10,999.99 - 36 months
from €11,000.00 - 48 months

**The calculation of the EIR includes the nominal interest rate, loan approval fee, cost of expenses (€ 2.00) and access to the CBCG Credit Register (€ 3.00).

A representative example

For a loan amount of € 10.000,00 with a repayment period of 36 months, the nominal interest rate is 5,99% per annum, while the effective interest rate is 7,28%. The calculation of the effective interest rate includes the nominal interest rate, the fee for processing the loan application of 1,50%, the fee for the bill of exchange in the amount of € 2,00, the fee for the inquiry in the CBCG Credit Register in the amount of € 3,00. The total amount paid by the client is € 11.104,07 and represents the sum of the loan principal, total interest and other fees and costs related to the loan approval, while the amount of the monthly annuity is € 304,14.

With the approved loan, customers receive a promotional product package that includes

Account Maintenance
Debit Master Card
E-banking
SMS Info
Standing order
Insurance

REQUIRED DOCUMENTS

ID card,
Loan Application Form,
Statement on related parties,
The approval of access to data of the Credit Registry of the Central Bank of Montenegro,
The statement of the current account used for the payment of salaries or other income during the period of time which is (as a rule) 3 months prior to the month of submitting the Application,
Applicant’s salary administrative withholding order,
Other documents, if applicable.