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ENERGY EFFICIENCY LOANS
In cooperation with the Green for Growth Fund, Čačanska banka a.d. has developed loans for energy efficiency and for using reusable energy sources.
Investing into such projects you can significantly contribute to lowering of energy costs and thus decreasing total costs.
The loans are intended for various purposes: replacement of old boilers, thermal insulation of buildings, replacement of old windows with new ones, implementation of a solar heating system, connection to gas network, installing energy efficient light bulbs, installation of heating and cooling system with a thermal pump.
TERMS AND CONDITIONS
| Amount | Depending on the creditworthiness of the borrower |
| Currency | EUR |
| Maturity |
Up to 84 months |
| Down payment |
Minimum 30.00% of proforma invoice value |
| Nominal interest rate (fixed, p.a.) |
8.50% p.a. |
| Fee | 1.00% in a lump sum |
|
Monthly obligation |
Equal monthly annuities |
|
Security |
Depends on loan amount:
|
EXAMPLE as of 05.12.2011
| Proforma invoice value | EUR 5,000 |
| Down payment |
EUR 1,500 |
| Loan amount |
EUR 3,500 |
| Maturity |
84 months |
| Currency |
EUR |
| Nominal interest rate (fixed, p.a.) |
8.50% |
| Fee | RSD 3,620.64 RSD (EUR 35 at official NBS FX rate as of 05.12.2011) |
|
Monthly obligation |
EUR 54.88 EUR (payment is made in RSD amount that is calculated at official NBS FX rate as of payment date) |
|
Security |
Promissory note |
|
Other fees |
RSD 205 - Credit Bureau report for borrower RSD 50 - promissory note |
|
Total amount for repayment |
EUR 4,630.70 |
|
Effective interest rate |
8.87% p.a. |
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(032) 302-105, 302-169 |
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