Account Overdraft for Pensioners

UniCredit Bank provides Account Overdraft specially created for our senior citizens! The approved amount is on your account if you need it, but you do not have to use it. Because the nominal interest rate is calculated only on the used amount for as many days as you used it. Overdraft is granted without processing fee and maintenance fee. And that's not all! If you use an overdraft amount up to RSD 12,000 nominal interest rate is not charged!

Eligibility requirements:

  • Debtor's creditworthiness is determined depending on the amount of monthly income and obligations of the debtor
  • For pensioners: Minimum 1 month in pension, transfer pension on the account in UniCredit Bank is required

Terms

  • Maximum Overdraft Amount: up to one monthly pension
  • Deposit or down payment: 0%
  • Repayment period: up to 36 months
  • Ability to refinance existing loans, overdrafts and credit card debts
  • Nominal interest rate, fixed:
    • 27.00 % P.A. with the transfer of monthly pension on the account in UniCredit Bank
  • Request Processing Fee: free of charge
  • Request Processing Fee for refinancing : free of charge
  • Maintenance Fee: no fee
  • Mandatory collateral instruments:
    • Blank bill
  • The bank does not charge a fee for pre mature repayment
  • The method of calculating interest is proportional.

Necessary documentation

  • Request for approval*

For pensioners:

  • Pension checks for the last 1 month

Account Maintenance Fee

Account Maintenance Fee (if the client is not already using RSD current account opened in the Bank), variable:

  • RSD 200 monthly

Account maintenance fee is variable in accordance with the Framework Agreement that User has signed with the Bank. The change will be applied from the date which is indicated as the date of application, and earliest after the expiration of 60 days upon notification of the User regarding the change, whereby if the Bank was not informed by User that he/she is not compliant with the change, it will be considered that User agrees with the new fee.

Representative example

Overdraft amount NIR annual, fixed EIR annual Total amount of interest paid by the client whithin 36 months, if overdraft is used in full amount for all 36 months (interest is charged quarterly) Repayment period
RSD 30,000 27.00% 30,97% RSD 24.911,00 36 months

EIR is calculated on 30.10.2024. The cost of the blank bill and a credit bureau report are included in calculation.

For all additional information, please do not hesitate to contact us on our Info telephone 011/3 777 888 or visit one of our branch offices throughout Serbia.

Important notice:

  • If you would like to get acquainted with the banking terminology in order to understand better our products and services, please visit official web site of National Bank of Serbia on the following link: www.tvojnovac.nbs.rs