Everybody needs a place to feel pleasant and safe. Ohrid bank Societe Generale Group, makes sure to provide housing loans under very favourable conditions:
Advantages of housing loans of Ohridska banka Societe Generale Group:
monthly instalment 142 eur (for real estate value of 20.000 eur)
minimal initial investments
transparent conditions
repayment period up to 30 years
for purchase of built appartmanets and apartments in construction
for renovation and reconstruction
for refinancing of housing loans
grace period up to 12 months for construction
favourable interest rate in eur
Conditions for payroll clients in OBSG:
repayment period up to 30 years for housing loans and 15 years fo loans for renovation
max. indebtness ratio up to 50% of joint incomes
possibility of joint incomes of borrower and co-borrower
possibility for including the expenses in the loan amount ( disbursement fees and tax)
amount of the loan up to 100.000 eur for housing loans and up to 50.000 eur for renovation
without guarantors
without deposit and participation for housing loans in case the proportion between real estate and mortgage is min. 1,40:1 (for loan for renovation the proportion at least 2:1)
without disbursement fee in case of refinancing the exsisting loan
disbursement fee in other cases: 1,25%, min. 100 eur
without commission for preterm repayment of the loan with own funds of the client
promotion nominal interest rate 2,5% + 6 month EURIBOR (7,63% on 15.09.2008)
annual rate of total expense: 8,05%
the bank engages estimator at its own expense
Promotion interest rate 7,63% for loans approved until 30.11.2008
1 Up to 2 co-borrowers
2 The amount in eur is calculated in denars according to average exchange rate at the date of placement of the funds.
Collateral for the loan:
According to Your possibilities and wishes, the bank provides the possibility to choose the collateral:
20% deposit
or 20% self participation
or real estate whose value is in proportion with loan min. 1,40:1 (in that case there is no need of deposit nor self participation, for loans for renovation the proportion between the mortgage and the loan should be min. 2:1)
vinculated real estate insurance policy from main risks and additional risk of earthquake
first order mortgage of real estate (subject to purchase or other real estate in ownership of the borrower)
bill of exchange
| Housing loan in eur for period of 30 years |
| Real estate value |
Participation |
Monthly instalment |
Necessary salary or joint monthly incomes |
Annual rate of total expense (RTE) |
| 20.000 |
4.000 |
113 |
226 |
8,05% |
| 20.000 |
/ |
142 |
284 |
8,05% |
What is necessary for opening an account in Ohrid bank Societe Generale Group
valid ID card
necessary documentation (received in the bank)
The opening of the account is free of charge
What is EURIBOR?
EURIBOR (Euro Interbank Offered Rate) is referent interest rate, which represents average of interest rates at which the first class banks in eurozone offer mutual deposits on fixed terms.
What is rate of total expense?
Rate of total expense (RTE) is the only way of showing the total expense of the loan (interests, commissions and other fees) in order to achieve transparency and easier comparison of bank conditions for approval of loans.
We invite you to visit our nearest branch.
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