Loans for the purchase of insurance policies in agriculture, in cooperation with Delta Generali Insurance
Loans for the purchase of insurance policy are granted to clients, registered agricultural farms, who when applying for this loan provide an official offer from Delta Generali Insurance, in the form of an invoice, with strictly defined amount of the insurance premium to be financed by the loan.
This is a short-term dinar loan with fixed interest rate, designed exclusively for the purchase of insurance policies in agriculture.
Main features
| Loan amount | from RSD 30,000 to RSD 500,000 |
| Repayment period | Up to 12 months |
| Repayment terms | - Model I – 3, 6, 9 months,repayment of principal and interest one-off, upon maturity - Model II – 12 months, repayment in 12 equal monthly annuities |
| interest rate | 22% fixed annually |
| Effective interest rate | from 22.90% |
| Security instruments | - bills of exchange of the applicant |
- insurance policies endorsed in favor of the Bank |