Car Loan for Purchase of New Vehicle

General

HALKBANK a.d. Beograd provides you with the possibility to purchase a new car by using a car loan with maturity of up to 83 months. You only need to choose a vehicle and visit any branch of HALKBANK with a pro-forma invoice of an authorized car dealer. We can offer you both car loans in dinars as well as car loans with index clause.

You can get information on the loan terms and conditions at a large number of partner car dealers
Assistance with insurance companies
Resolving requests with priority

Terms and conditions

Elements RSD With currency clause
Amount Depending on the borrower’s creditworthiness
Loan currency RSD RSD loan indexed in EUR
Maturity Up to 83
Down payment Minimum 10% of  Pro-Forma Invoice/Invoice amount Minimum 30% of  Pro-Forma Invoice/Invoice amount
Nominal interest rate (p.a.) 10,70% fixed, for the first 12 months 3,70% + 6m Euribor
10,70% + 6m Belibor, after first 12 months (RSD)
Front-end fee 1,50% of the loan amount, in a lump sum
Loan repayment In equal monthly annuities
Collateral Promissory note
Casco insurance policy assigned in favour of the bank
Pledge on vehicle

 

Representative example

246,00 RSD Credit Bureau, 50,00 RSD promissory note, 30.177,00 RSD Casco insurance, 2.000,00 RSD pledge on vehicle

Representative example, loan with currency clause
Pro-Forma Invoice/Invoice amount 13.000,00 EUR
Down payment (min. 30%) 3.900,00 EUR
Loan amount 9.100,00 EUR
NIR (p.a.) 3,70% + 6m Euribor**
Repayment term (months) 83
Monthly annuity 122,88 EUR
Total amount to be repaid 10.220,09 EUR
Front-end fee (1,50%) 16.046,41 RSD (136,50 EUR in dinar equivalent at middle exchange rate)
Other costs 246,00 RSD Credit Bureau
50,00 RSD promissory note
30.177,00 RSD Casco insurance
2.000,00 RSD pledge on vehicle
Collateral Promissory note
Casco insurance policy assigned in favour of the Bank
Pledge on vehicle
EIR (p.a.) 3,84%

**Value of 6m Euribor: -0,325%
Calculated as at: 06.01.2020.

Representative example, RSD loan
Pro-Forma Invoice/Invoice amount 1.200.000,00 RSD
Down payment (min 10%) 120.000,00 RSD
Loan amount 1.080.000,00 RSD
NIR (p.a.) 10,70% fixed for first 12 months, then 10,70% + 6m Belibor
Repayment term (months) 83
Monthly annuity 18.195,10 RSD for the first 12 months, 18.995,06 RSD after 12 months
Total amount to be repaid 1.574.817,53 RSD
Front-end fee (1,50%) 16.200,00 RSD
Other costs 246,00 RSD Credit Bureau
50,00 RSD promissory note
30.177,00 RSD Casco insurance
2.000,00 RSD pledge on vehicle
Collateral Promissory note
Casco insurance policy assigned in favour of the bank
Pledge on vehicle
EIR (p.a.) 12,48%

**Value of 6m Belibora: 1,79%
Calculated as at: 06.01.2020.

Credit calculator

(EUR)
months

Apply for product

Personal information

+381

Additional info


Questions

Loans are disbursed by payment of funds to the current account of the seller.

EURIBOR (Euro Interbank Offered Rate) is a reference rate established by the European Interbank Market. It is a daily average on which prime European banks lend uninsured funds to one another.

BELIBOR (Belgrade Interbank Offered Rate) is a reference rate established at the Serbian Interbank Market. It is calculated as an arithmetic mean of interest rates on which prime Serbian banks lend to one another in dinars.

Casco insurance policy is security for the borrower because it protects the borrower from unforeseen events, and provides collateral to the bank without requesting guarantors and other types of collateral.

Yes, you can get a loan and insurance policy at the same time in any unit of HALKBANK.