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Simple Student Loan

Purpose of the loan

According to student needs

Target group

For all students in RM, State or Private universities/Faculties

Amount

up to 120.000 MKD

Repayment period

up to 36months

Annual nominal interest rate

10% annual fixed   

Annual rate of total costs (RTC)

from 14,575%

Fee

1%

Monthly management Fee

0.143%-0.191% (monthly)

Other loan costs

Bill of exchange in amount of 100-200 MKD depending on the loan amount
Current interest depending on the loan disbursement

Collateral

1 guarantor with administrative ban

Documentation

ID
copy from index or identity card
receipt for enrollment from the faculty
receipt for amount od scholarship
salary receipt from the parents

Method of payment

equal monthly installments

Disbursement

Savings account or transaction account

 

Example:

Loan amount

Interest rate

Term

Fee

Management fee

Installment

TCR

Bill of exchange

56.000 MKD

10%

36months

1%

0.143%

1.887,00 MKD

14.575%

100 MKD

The total amount the client pays according to the example is 68.492,00 MKD.

The example is based upon disbursement at the begining of the month (1-st).


Only you have to do is fill out an application form and to apply by the on-line application form 

 Rate of total costs (RTC) as to 31.12.2018

Savings house reserves the right to refuse the application of the applicant.
Savings house reserves the right to change the terms without prior notice. 

Savings house Mozhnosti
Moving together

 
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