Cash Loan
  • Even up to 20 000 EUR.

  • Maturity: from 6 to 60 months.

  • One-off payment to your Adriatic Bank account.

  • Repayment of installments and interest: on a monthly basis. 

Product:

Cash loan is the basic bank loan intended for all clients with regular monthly income realized through the permanent working relation. To all employed private individuals, Adriatic Bank approves cash loan with the possibility of granting even up to EUR 20,000 without guarantors with repayment period up to 5 years. 

Approval conditions:

  • Client must be a person older than 18 years, and the repayment of the last annuity should be completed before the age of 67.

  • Signed bill of exchange of the applicant and guarantor (if required) and authorization to the bill of exchange. 

Required documentation:

  • Duly filled and signed application form for overdraft loan;

  • Verified and signed confirmation on salary;

  • Two administrative wage/salary withholding orders stamped by the employer with whom the client works (if the employer verifies them);

  • Signed consent for application in the Credit department;

  • Proof of paid fee for application in the Credit department;

  • A copy of passport or ID card with phone numbers and address (original document to be presented);

  • Bill of exchange, which can be bought at the bank counter, and the bill of exchange authorization;

  • Other documentation as necessary.

Cash loan

Annual nominal interest rate (NIR)

7,95 % - 9,95 % (depending on debtor's category)

Annual effective interest rate (EIR)

8,66 %

Loan processing fee (it is charged once during loan disbursement)

0,50 % - 2,00 %

Commission for using data from Credit Register/Bureau of CBM

EUR 3,50

Fee for premature repayment of the loan

1,00 % of the amount of the loan that is prepaid if the period between the prepayment and maturity date is longer than 12 months and only for amounts higher than EUR 10.000,00

 

0,50 % of the amount of the loan that is prepaid if the period between the prepayment and maturity date is not longer than 12 months and only for amounts higher than EUR 10.000,00

Annual penalty interest

Nominal increased by 50 %

Maturity term

Up to 60 months

Reprezentativni primjer

Representative example: For cash loan in the amount of EUR 10.000,00 and repayment period of 60 months, provision for loan processing 1,50 % and included administrative costs (two bills of exchange: EUR 4,00 € and Commission for using data from Credit Register/Bureau of CBM: EUR 3,50), nominal interest rate is 7,95 % while effective interest rate is 8,66 %. The sum of the total amount of the loan and the total amount of known loan costs amounts to EUR 12.229,64, and the amount of monthly installment is EUR 201,21