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GENERAL CHARACTERISTICS OF UNSECURED CONSUMER LOAN UP TO MKD 610.000/EUR 10.000
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| Promo offer |
For all submitted applications between 20.04.2012 to 30.06.2012:
- 7.9% fixed interest rate for the first year of repayment
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| Loan amount |
From MKD 15.000 to MKD 300.000
From EUR 250 to 5.000
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From MKD 300.001 to MKD 610.000
From EUR 5.001 to 10.000
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Advantages
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- Approval of a loan with NO: deposits, guarantors, adminstrative ban and bill of exchange
- Low monthly annuity as a result of the longer loan tenor
- Cash disbursement of the approved loan
- Even persons that are not close family members can be co-borrowers
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| Currency |
MKD loan / MKD loan with foreign currency clause valid up to 31.12.2011
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| Client category |
Individuals with regular employment |
Intended for:
- new or existing SB payroll clients
- existing client user of some SB lending product for individuals
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Interest rates
(Variable)
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Payroll clients
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Payroll clients
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· 10,80% MKD variable
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· 9.90% MKD variable
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| Other clients |
Other clients |
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12,00% MKD variable
8.00% EUR - Payroll clients
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11.00% MKD variable - Client who uses some of SB lending
8.00% EUR - Payroll clients
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In compliance with applicable regulations, SB regularly announces the Annual Percentage Rate of total costs (APR) on its website, on the bulletin boards at counters and through public media
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Tenor
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Minimum of 6 months
Maximum:
- up to MKD 91.500 - 60 months (5 years)
- From MKD 91.500 to MKD 300.000 - 84 months (7 years)
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from 6 to 96 months (8 years) |
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Repayment
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Equal monthly annuities (minimum monthly annuity of MKD 1.200)
For all holders of transaction account with SB, the payment can be made:
- by standing order or
- through the e-banking system of SB
- ATM
- Phone banking service
No fees for early repayment.
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Costs
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- Application costs: MKD 200 (payroll clients) / MKD 400 (other clients)
- Administrative costs of 2%, collected once from the approved amount
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- Application costs: MKD 200 (payroll clients) / MKD 400 (other clients)
- Administrative costs of 2%, collected once from the approved amount
- Notary fees for verification of the loan contract
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Loan criteria
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- Individuals, residents of the Republic of Macedonia
- Minimum monthly income of 97.200 MKD per annum / 8.100 MKD monthly (for each participant in the loan separately).
- Maximum monthly annuity for:
MKD loan
- 55% of the inome (for SB clients)
- 40% of the income (for other clients)
Loans with EUR clause
- 45% of the income (only for SB clients)
- Client age: 20 on the application date to 67 on the date of loan repayment
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- ndividuals, residents of the Republic of Macedonia with salary in SB or use some of the retail lending products in the Bank
- Minimum monthly income of 97.200 MKD per annum / 8.100 MKD monthly (for each participant in the loan separately).
- Maximum monthly annuity for:
MKD loan
- 55% of the inome (for SB clients)
- 40% of the income (for other clients)
Loans with EUR clause
- 45% of the income (only for SB clients)
- Client age: 20 on the application date to 67 on the date of loan repayment
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| Co-borrower opportunity |
NOT MANDATORY
Co-borrowers can be included only in the case the borrower is:
- SB payroll client (at least 1 month)
- User of at least one SB lending product and in the case that:
- the loan terms are not met (the borrower must meet the term for minimal monthly income) or
- the age criteria is not met
- if the co-borrowers are not close family members (spouse, parent, child), only 50% of their income will be included in the calculation of available monthly income.
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Required documents
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*1. Loan application
*2 Photocopy of ID card or passport
*3 For SB payroll clients: only print of transaction account statement for last three months
For non SB payroll clients: Pension check / Salary certificate, certificated and signed by the authorized persons at the employer (not older than 30 days), and for employers at private companies, PP53 form (summery of salaries certified at PRO) for the last 2 months
4. Birth certificate (not older than 6 months) / marriage certificate
5. Photocopy of the last paid utility bill, for example for electricity, phone, water or heating (not refers for payroll client / pensioners in SB)
* 6. Consent of a client for submission report from Macedonian Credit Bureau
7. For refinancing loan products from other Bank:
- List of payments
- Calculation for liquidation
- Latest repayment schedule
- Other documents on Bank's request
* Refers to borrower and co-borrower
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