Lovćen Banka offered a Standard Cash Loan at a reduced interest rate of up to 20%, with a 50% discount on the administrative fee for loan approval.
This special offer will be valid for all credit applications received by June 30, 2025.
The maximum amount of cash loan that can be withdrawn is €30.000, and the loan repayment period is up to 96 months.
Under the same conditions, the bank also offers a cash loan intended for seafarers, taking into account the seasonality of their activities and the periodicity of the needs of seafarers and their families.
In all branches and through the Contact Center at phone no. 19993, you can get the necessary information and advisory support in choosing the optimal offer and opportunities for loan approval.
Below is a representative example with all the information that can help citizens make a decision about applying for a Standard Cash or Cash Loan for Seafarers.
Representative example:
For a loan amount of EUR 30.000 and a repayment period of 8 years (96 months), the nominal interest rate (NKS) at the annual level is 8,45% fixed, while with the 20% discount valid during this campaign, the NKS amounts to 6,76%, while the effective interest rate (EKS) is 7,10%. The calculation of the effective interest rate (EKS) includes the nominal interest rate (NKS), a one-time loan processing fee that was reduced by 50% (125 EUR) during this campaign, a fee for 1 bill of exchange (2 EUR) and a fee for an inquiry to the CBCG Credit Register (RKB) (3 EUR). The total amount that the client needs to pay is EUR 39.059,92, while the amount of the monthly annuity is EUR 405,52. The total amount paid by the client is the sum of the principal, total interest, fees related to loan approval and the costs of the bill of exchange and inquiries to the Credit Register. The mandatory means of security are a bill of exchange and a bill of exchange authorization of the loan beneficiary, and optionally an administrative ban. The calculator is for informational purposes only and certain values may vary. The offer is valid until 30. 6. 2025.
( Lovćen Bank )
