Stopanska Banka - Consumer Loan via Merchants

Characteristics

Characteristics

The loan shall be exclusively approved for purchase of products/services at an adequate POS

Advantages

from 12,000 to 300,000 MKD
Equal monthly annuities
For all holders of a SB account there is an option for repayment by a standing order or SB.

Criteria

Individuals, residents.
Minimum monthly net salary in the amount of 8,100 MKD for each participant in the loan, individually.
The client shall be 20 years old as of the date of application and maximum 70 years old as of the date of loan settlement
Apart from being a member of the immediate family (a parent, child, spouse), the co-borrower may also be a person who fulfils the following requirements :

to be a client receiving salary/pension on a SB account,
to be a client with an existing loan product in SB or at any other bank and with good credit history
100% of the co-borrowers’ income and debts is taken into DTI calculation

Repayment period

Costs

1000 MKD one-time administrative cost on loan approval

Signed Purpose loan application form and Agreement (2 counterparts)
Copy of an ID or a passport
For clients receiving salary on SB account, the bank shall print out a transaction account statements for the last 3 months
For clients not receiving salary on a SB account, Certificate of Employment, signed and certified by the employer (not older than 30 days), and if necessary other documents to serve as proof of the monthly salary. The clients employed in private companies that are not joint-stock companies or state/public enterprise are required to submit a PP53 form (Declaration for receipt from PRO) for the last month.
Original pro-forma invoice issued by the seller of the products, signed and with a stamp affixed.
Consent for report submission by Macedonian Credit Bureau
Other documentation required by the Bank