Tourism Development Loans – Universal Capital Bank AD Podgorica

Follow world trends and invest in the quality of your accommodation capacities.

Universal Capital Bank’s tourism development loans will assist you!

Option	Tourism Development Loan
Nominal interest rate	7.50%
Maturity	up to 72 months
Grace period	3-6 months
Mode of repayment	As per contract
Collateral	mortgage / guarantee / pledge / other
One-time fee	Up to 1.00%

* Note: Total expenses and total debt as well as the calculation of the Effective Interest Rate do not include the costs of insurance policies of property, property evaluation costs, obtaining real estate folio. These costs are not known in advance and will be included in the final calculation.

Total loan amount	20,000 €
Number of monthly installments	72
Monthly installment	343.50 €
Administrative fee
1. Loan processing fee 1.00%	200 €
2. Cost of RKB report	3 €
3. Cost of one bill of exchange	2 €
Nominal interest rate	7,50%
Effective interest rate	7,89%
Total repayment	24,937.00 €