Subsidized interest rate provided in cooperation with Ministry of agriculture, forestry and water management

Subsidized interest rate provided in cooperation with Ministry of agriculture, forestry and water management

In HALKBANK a.d. Beograd you can apply for loans with subsidized interest rate provided in cooperation with Ministry of agriculture, forestry and water management.  

Financing  inputs for agriculture production, buying animals, feedstuff for animals, equipment and mehanization for your registered agriculture holding is available by fixed interest rate in RSD.

 

RSD loans for working capital and investments

Maturity up to  60 months

Minimal amount

 600,000 RSD

Maximal amount

  • For registered agriculture holdings  private individuals and entrepreneurs  – up to  6,000,000 RSD
  • For registered legal entities and agriculture cooperatives  – up to 18,000,000 RSD

Maturity

  • Up to 36 months – fertilizers , inputs, animals for reproduction and fattening, animal feedstuff, equipment, mehanization
  • Up to  60 months  – tractors, harvesters, heifers (young cows)

Grace period

Up to 12 months

Repayment

Monthly, quarterly, semi-annual  and annual  annuity for  loans with repayment  up to 36 months

Semi-annual annuity  for loans with repayment  from  36 – 60 months

Purpose

Working capital /Permanent working capital / Investment

Interest rate

0,00%

Mineral feritilzers – all users

1,00%

For all purposes up to 36 months

  • Private individuals farm holder up to 40 years old
  • Private individuals  farm holder - woman
  • Private individuals farm holder from marginal areas

 

Purchase of heifers (young cows ) - all users

 

 

Disbursment fee

Up to 1,50%

 

   

Representative example

 

Loan for purchase mehanization in cooperation with Ministry of agriculture

 

Loan amount  2.913.732,00 RSD
Maturity 36 monthsi
Interest rate (yearly) 1,00%
Disbursment fee  0,75%
Effective interest rate(yearly) 1,46%
Semmi-annual anuity 494.134,00 RSD

 

Costs for client -calculated in effective interest rate calculation
Promisory notes cost 100 RSD
Credit bureau report 246 RSD
Tax administration certificate  660 RSD