HALKBANK a.d. Beograd provides you with the possibility to purchase a used car by using dinar loans or loans with currency clause. You only need to choose a vehicle and visit any branch of HALKBANK with a pro-forma invoice of an authorized car dealer. The year of manufacture must not be before 2013.
| Elements | RSD | With currency clause |
| Amount | Depending on the borrower’s creditworthiness | |
| Loan currency | RSD | RSD loan indexed in EUR |
| Maturity | Total age of vehicle and repayment period up to 7 years | |
| Down payment | Minimum 30% of Pro-Forma Invoice / Invoice amount | Minimum 30% of Pro-Forma Invoice / Invoice amount |
| Nominal interest rate (p.a.) | 10,70% fixed, for first 12 months | 6,70% + 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, loan with currency clause | |
|---|---|
| Pro-Forma Invoice / Invoice amount | 7.500,00 EUR |
| Down payment (min 30%) | 2.500,00 EUR |
| Loan amount | 5.000,00 EUR |
| NIR (p.a.) | 6,70% + 6m Euribor** |
| Repayment term (months) | 48 |
| Monthly annuity | 117,98 EUR |
| Total amount to be repaid | 6.676,49 EUR |
| Front-end fee (1,50%) | 75,00 EUR |
| 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.) | 10,40% |
**Value of 6m Euribor: -0,278%
Calculated as at: 13.02.2018.
| 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 10,70% + 6m Belibor*, after first 12 months |
| Repayment term (months) | 83 |
| Monthly annuity | 18.045,87 RSD, for first 12 months 19.505,58 RSD, after first 12 months |
| Total amount to be repaid | 1.625.473,00 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.) | 14,67% |
**Value of 6m Belibor: 3,24%
Calculated as at: 17.01.2018.
Loans are disbursed by payment of funds to the current account of the seller.
The Bank does not approve loans for the purchase of vehicles from natural persons. Loan is approved for the purchase of vehicles from authorised car dealers.
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.
