HVB and Eksim banka have lowered interest rate to 4.45% and extended repayment period for mortgage loans to 25 years, which is, according to estimate of Ivan Radojčić, director of sector for retail services of HVB bank in SCG, the best offer in Serbia at the moment. The loans amounting to €10,000-€100,000 with nominal interest rate of 4.45% and effective interest rate of 4.75% are approved. The endorsers are not needed, as well as deposits or down payments. The users can be older than 45 and the required security is mortgage on some real estates in relation 1:1.2 (that does not have to be real estate that is subject of procurement, but also some real estate owned by parents...).
For example, the installment for loan of €30,000 amounts to €169. These loans are cheaper than subvented loans from the program of the Government of Serbia.