Product Characteristics
Interest rates
Documentation 

Minimum amount
1.000 Euro

Financing:
Up to 70% 

Currency:
ALL, EUR

Loan tenor:
12 - 84 months

Fixed interest rates:
• ALL: 13%
• EUR: 9%

Floating interest rates*:
• ALL: 12M TB + 5%
• EUR: 12M Euribor + 7%

*Floating interest rates will be revised every 12 months according the base rate of each currency on the date of the first disbursement. Monthly installments are calculated for the tenor 7 year, and reference rates 12M TB = 1.95%, 12M Euribor = 0 %.    

Requested amount Interest rate Effective interest rate Monthly installments
3,000 EUR 7% 7.79% 45 EUR
800,000 LEK 6.95% 7.58% 12,054 LEK
10,000 EUR 7% 7.56% 150 EUR
  • Applicants Passport, ID or Birth Certificate.
  • For Foreign Citizens:
    • Work permit
    • Permanent Residence permit.
    • Income Statement
  • Address Verification document (utility bill, etc).
  • Official car papers from the authorized dealer when the loan is secured by a first rank securing charge (car pledge)
  • Official car insurance contract (CASCO)