Product Characteristics
Interest rates
Documentation

The loan is offered in both Euro and Lek currency with a preferental interest rates starting from 7%.

  • Financing up to 3,000 EURO or 420,000 LEK without guarantor
  • 50 Euro/ 7,000 Lek disbursement fee
  • 2% life insurance
  • 0% balance transfer disbursement fee and 3,000 LEK disbursement fee if applied for additional financing

Payroll customers:

  • ALL/EUR: 7% - 3 years repayment period
  • ALL/EUR: 8% - 5 years repayment period

Standard customers:

  • ALL/EUR: 7.5% - 3 years repayment period
  • ALL/EUR: 8.5% - 5 years repayment period

Examples in LEK of monthly installments for payroll customers:

Amount Interest rate Effective interest rate Monthly installment
150,000 ALL
1 Year
7% 21.82% 12,979 ALL
300,000 ALL
3 Years
7% 10.30% 9,263 ALL
420,000 ALL
5 Years
8% 9.72% 8,516 ALL

Examples in EURO of monthly installments for payroll customers:

Amount Interest rate Effective interest rate Monthly installment
1,000 EUR
1 Year
7% 23.47% 86 EUR
2,000 EUR
3 Years
7% 10.67 % 61 EUR
3,000 EUR
5 Years
8% 9.88% 60 EUR

Examples in LEK of monthly installments for standard customers:

Amount Interest rate Effective interest rate Monthly installment
150,000 ALL
1 Year
7.5% 23.18% 13,013 ALL
300,000 ALL
3 Years
7.5% 10.96% 9,331 ALL
420,000 ALL
5 Years
8.5% 10.23% 8,616 ALL

Examples in EURO of monthly installments for standard customers:

Amount Interest rate Effective interest rate Monthly installment
1,000 EUR
1 Year
7.5% 25.28% 86 EUR
2,000 EUR
3 Years
7.5% 11.40% 62 EUR
3,000 EUR
5 Years
8.5% 10.49% 61 EUR

 

The minimum documentations are as below:

  • Income statement;
  • Address Verification document (utility bill, etc);
  • Banking statement for the last 12 months.