No Interest loans for purchase of Gorenje appliances 

In cooperation with Gorenje, Lovćen Banka offers you no interest loans for purchase of technical equipment. Loans are granted in amounts from € 100 to € 5,000, with repayment periods from 6 to 36 months.

 

Users of no interest loans, with up to 36 installments can be the following:

• Employed individuals assessed by the Bank as creditworthy to obtain a loan


 

To become a user of this loan, it is necessary to:

• sign a loan application in a point of sale,

• bring filled-in Certificate of Employment  certified by the employer          and an attachment of salary or a certificate certified by the Pension      and Disability Fund for pensioners,

• Identity card or passport

The loan can be granted exclusively in authorized facilities upon presenting:

• completed loan application (it is received in Gorenje)

• signed blank bill of exchange and

• signed contract and supporting documentation

 

You can find a list of facilities in which you can buy Gorenje appliances by using no interest loan from Lovćen Bank here 

 

All information about the loan you can obtain via e-mail: ivan.nikic@lovcenbanka.me  phone number: 067/994-017, Ivan Nikić or  milica.boljevic@lovcenbanka.me, phone number: 020 205 410, Milica Boljević.

 

Key features

Up to € 5,000

Repayment period up to 36 months

Nominal interest rate of 0%

Effective interest rate of 0%

Bank fee up to max. 0% of loan amount

 

 Security
  • Attachment of salary / pension of client / guarantor(s)
  • Bill of exchange with authorization signed by the client and the guarantor

 

* The Bank reserves the right to accept an alternative security instrument that it deems acceptable and in accordance with the Bank's business policy

 


 Required documentation

Representative example

Representative example

Loan amount

€1.000,00


Repayment term

12 month

Nominal interest rate

0%

Monthly repayment

€83,33

Administrative fee

€0

Effective interest rate

€0

Total debt

€1.000,00

* The total debt includes the loan amount, total interest, loan processing fee, cost of bill of exchange of EUR 2 and cost of the Montenegrin Credit Registar  enquiry of EUR 3.50.

** All information about the loan you can obtain via e-mail: ivan.nikic@lovcenbanka.me  phone number: 067/994-017, Ivan Nikić or  milica.boljevic@lovcenbanka.me, phone number: 020 205 410, Milica Boljević.