EKI Agriculture Loan
NO PROCESSING FEE
In Just Two Online Steps
* This Special Offer applies to loan applications for agriculture in the size of up to 10.000 BAM, and for online-submitted loan applications, approved from 01 February to 30 April 2020.
Loans for Agriculture are designed for agricultural producers who wish to start or expand their business. These loans can be used for the purchase of raw materials and fixed assets for the proper running of your agricultural business.
- Loan Size from 300 to 50.000 BAM
- Repayment period of up to 84 months
- Grace period of max. 12 months
- Loan processing fee 1,50% to 2,00% **
|** During this Special Offer period, from 01 February to 30 April 2020, the agriculture loans of up to 10.000 BAM with online loan application will be approved with 50% less loan processing costs. Additional advantage for such clients includes a return of charged loan processing fees when EKI Business Club members verify *** their user account and post their ad at www.ekioglasi.ba|
*** Verification of payment orders means that a member of EKI Business Club (active EKI client, who joined the free-of-charge service for EKI Business Cub clients) logs into the www.ekioglasi.ba website using the access data they received from EKI upon their becoming a member of EKI Business Club.
Posting an ad means advertising your sale, purchase, rent or other service though the www.ekioglasi.ba website
- Nominal Interest Rate (NIR) is fixed and calculated on annual level, while its value depends on the loan size and ranges from 14,50% to 19,00% as laid out in the table below:
|Loan Size||Up to 4.000 BAM||from4.001
BAM to 10.000 BAM
BAM to 20.000 BAM
BAM to 50.000 BAM
|Max. repayment period
||42 months||66 months||66 months||84 months|
|EIR FBiH/DB*||from 22,46%||from 20,07%||from 18,61%||from 16,12%|
The given Effective Interest Rate (EIR) values were calculated for the maximum loan size and maximum repayment period.
|The difference in the calculation of the Effective Interest Rate (EIR) in the Federation of Bosnia and Herzegovina/Brčko District and Republic of Srpska is based on different legal regulations. In addition to the aforementioned costs, the EIR calculation includes the cost of the bill of exchange, legal verification of documents (only in the Federation of BiH/Brčko District) and intercalary interest rate, if calculated.
* The EIR in the Federation of BiH/Brčko District is presented in an example of calculation of the mandatory documentation for individuals, legally verified at prices valid in Brčko District. The EIR is modified in accordance with additional documentation that may be a precondition for approval of each individual loan.
Example of calculation of the Effective Interest rate (EIR):
|Type of Loan||Loan Size||Repayment Period||NIR||Loan Processing Fee||EIR FBiH/DB*||EIR RS|
||10.000 BAM||66 months||17,50%||2,00%||20,07%||20,06%|
Table with an overview of monthly installments
Loans for Agriculture
|Loan Size (BAM)||Repayment Period / months|
Koristeći kreditni kalkulator možete dobiti okvirne informacije o iznosu mjesečne rate, otplatnom planu i ukupnom zaduženju za kredit koji vas zanima. Napomena: Podaci su informativnog karaktera, služe u svrhu opšteg informisanja i mogu se razlikovati od zvaničnih EKI uslova u trenutku podnošenja zahtjeva. Molimo vas da se za sve detaljne informacije obratite vama najbližoj EKI kancelariji.