Car loan

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Auto loan demands minimum documentation. It is even not necessary to be our pay-roll account, in order to apply! You can choose a new or an used vehicle, and loan amounts spread from 2500 EUR to 35.000 EUR*. For loan amounts up to 10.000 EUR guarantors and kasko insurance are not required.

Eurobank EFG Auto loan is available in all bigger car-selling outlets, as well as in all branches of Eurobank EFG. It is being approved within an hour**, a you become the propraitor of the vehicle from the very beginning, and by your choice! All you need to do is to visit one of 100 branches of Eurobank EFG throughout Serbia with your ID and proforma invoice of the Car Saloon.

Special offer up to June 15th

Auto loans with tenor 12-36 months
Loan amount: 2.500-35.000 EUR
Disbursement fee: 0%
Interest rate: 3m Euribor*+6.05%, EKS from 9.43%
Offer is valid only for Payroll clients

Example

Amount

Repayment period

Down
payment

Disburse-

ment fee

Monthly admin-istration fee

Installment

NIR**

EIR**

Payroll clients

7.000

30%

0.1%

222.72

6.77%

9.46%

*2w Repo rate, whose value on 27.04.2012. was 9.50% and 3mEuribor rate whose value on 27.04.2012. was 0.72% have been used for EIR calculation for loans indexed in RSD.

Eurobank EFG – RSD Auto loan:

no kasko insurance (for loan amounts up to 10000 EUR*)
no guarantors (for loan amounts up to 10.000 EUR*)
no pay roll conditions prerequisitive (though special conditions for pay roll accounts)
no obligations put upon the vehicle – up to 7000 EUR* loan amount
no down payment
loan can be approved for purchase of new and used vehicles both, from all outlets selling cars throughout Serbia
Eurobank EFG provides accident insurance for all ith clients, without extra costs during the whole repayment period

Interest rate:

For pay-roll accounts – NIR:2w Repo*+7%, EIR from 20.11%
For non-pay-roll accounts – NIR: 2w Repo*+8%, EIR from 21.29%

Fees:

Disbursement fee 0%
Monthly administration fee 0.1%

Example

	Amount	Repayment period	Disbursement fee	Monthly administration fee	Installment	NIR*	EIR*
Payroll clients	700.000	84	0%	0.1%	14900.58	16.50%	20.12%
Non payroll clients	700.000	84	0%	0.1%	15312.50	17.50%	21.30%

*2w Repo rate, whose value on 27.04.2012. was 9.50% has been used for EIR calculation for loans indexed in RSD.

Eurobank EFG – Auto loan in EURO

no kasko insurance (for amounts up to 10.000 EUR*)
no guarantors (for loan amounts up to 10.000 EUR*)
pay roll conditions are not prerequisitive (same conditions for all applicants)
up to 7000 EUR loan amount without obligations put upon the car
downpayment required for loans in EURO, minimum 24% of the gross value of the car (i.e.30% of the loan amount).
a loan can be approved for both new and used cars with proforma invoice from any Auto Saloon throughout Serbia
Eurobank EFG provides accident insurance for all clients without extra costs, during the whole repayment period

Interest rate:

For pay-roll accounts, and for clients who intend to become our pay-roll accounts:

for new vehiclesNIR 3mEuribor**+7.5%, EIR from 10.80%
for used vehicles NIR 3mEuribor*+11.5%, EIR from 15.20%

For non pay-roll accounts

For new vehicles NIR 3mEuribor**+9.5%, EIR from 13.00%
For used cars NIR 3mEuribor**+12.5%, EIR from 16.33%

Fees:

Disbursement fee 0%
Monthly administration fee 0.1%

Example

For new vehicles

Amount

Repayment period

Down
payment

Disburse-

ment fee

Monthly admin-istration fee

Installment

NIR**

EIR**

Payroll clients

7.000

30%

0.1%

117.29

8.22%

10.82%

Non payroll clients

7.000

30%

0.1%

124.55

10.22%

13.00%

For used vehicles	Amount	Repayment period	Down payment	Disburse- ment fee	Monthly admini-stration fee	Installment	NIR**	EIR**
Payroll clients	7.000	84	30%	0%	0.1%	132.07	12.22%	15.21%
Non payroll clients	7.000	84	30%	0%	0.1%	135.92	13.22%	16.34%

**3m Euribor, whose value on 27.04.2012. was 0.72% has been used for EIR calculation for loans indexed in EUR.

All other details could be inspected further in the “attached documents”, option “tarifnik za gotovinske i potrosacke kredite”
***-in RSD counter value
****-except in special cases, in accordance with business policies of the bank
*****-for loans in RSD down payment is not required, for amounts up to 7000 EUR bond upon the vehicle is not required and therefore there is no cost of bond registration.