CKB

CKB car loan

  • In cooperation with leading car companies in Montenegro
  • Loan amount up to EUR 30,000
  • Repayment term up to 5 years

Product description

CKB car loans are intended for purchase of new cars with a repayment period of 12 to 60 months. In cooperation with the leading car companies in Montenegro, very simply and at favorable terms, you can buy a car that you have always wanted. CKB car loans are approved in the amounts up to EUR 30,000, with a repayment period of up to 5 years. Security for the loan is pledge on the car that is the subject of purchase and All Risks Car Insurance policy is required throughout the entire loan term. For loans in the amount of more than EUR 20,000, one guarantor is required.

Conditions for loan approval

  • Clients' age - 21 to 70 years of age (maturity of the last loan installment).
  • Wage or pension attachment of the borrower and the guarantor (if envisaged in the conditions for loan approval),
  • Bill of exchange signed by the borrower and the guarantor (if envisaged in the conditions) and the related authorization.
  • Pledge on a car that is the subject of purchase

Documentation required for loan application

  • Filled out and signed loan application form
  • Photocopy of ID card or passport (required documentation for the guarantor as well, if envisaged in the requirements for loan approval)
  • Photocopy of the passport page on which there is a permit for temporary residence issued by the Ministry of Interior (for non-residents)
  • Employment certificate or pension check in the case of a pensioner
  • Wage or pension attachment
  • Blank bill of exchange
  • Statement on severance pay
  • Statement of Guarantee (for the guarantor)

Information

For more information about the product please visit the nearest CKB branch or call CKB Call Center at +382 19894. All necessary documents for applying for CKB cash loan are available at all counters of Crnogorska Komercijalna Banka, as well as on the website.