Vojvođanska banka and Zastava Automobili agreed on sale of Zastava’s vehicles and, for the first time, "Punto" on credit

Vojvođanska banka Novi Sad and “Zastava automobili” from Kragujevac have signed the contract on business cooperation, which will make it possible for citizens to buy the Zastava vehicles, including “punto” models assembled in “Zastava”, on credit.

The car loan is approved in amount of up to €12,000 and on period of up to seven years. The loans for the Zastava automobiles will be approved in amount of €2,000 - €4,000. The repayment period is up to 60 months if one pays deposit or downpayment in amount of 20% of the loan, whereas the effective interest rate on the basis of deposit amounts to 12.07 – 12.75 % per year and 11.84 – 12.83% on the basis of down payment.

The car loans in amount of €4,000 - €12,000 are approved on period of 61 - 84 months, without deposit and downpayment and with effective interest rate of 10.2 – 10.74% on annual basis.