Overdraft loans

  • Loan type: short-term loan
  • Loan purpose: to overcome current illiquidity

Product description

The product works by approving a limit on clients gyro account in the form of allowed overdraft. The client may use the approved amount for the settlement of various obligations, and any future inflow of funds to the clients account will cover the used portion of the limit.

The product is intended for all registered companies that meet the following criteria and requirements:

  • they must have an account with Crnogorska Komercijalna Banka AD,
  • they must ensure: all necessary financial information related to their operations, business plan, upon request, adequate and acceptable security instruments.

This product is modern and attractive as it allows the client to settle all obligations under the loan automatically, without giving instructions to the Bank. In addition, interest is paid only on the amount used.

CKB is the only bank in Montenegro that may fully support the current and development needs of both small and medium sized companies and large companies. The Bank reserves the right to modify interest rates.

Product price

Product price, i.e. interest rate is determined on the basis of economic and financial analysis of the company, credit history, turnover on the account with CKB, collateral quality and value, etc.

How to apply for a loan?

To apply for a loan with CKB, one has to submit documents as specified in the Loan Instructions and formulate appropriate application. The application should include basic information on the company operations, future plans, and relations with major buyers and suppliers. Additionally, the application should specify the requested loan amount, period for which the funds are needed, loan purpose, as well as collateral that the company is willing to offer as security for the requested loan. It is important for the application to bear the signature of the authorized person and corporate seal.

The application, along with the necessary documentation, should be submitted at the Bank reception desk. After that, the application is going to the Client Adviser, who prepares proposal for the Credit Committee that brings decisions on received applications. Upon the completion of the decision-making process, the Client Adviser will inform the client on whether the application has been approved and upon which terms and conditions.


You can get more details about the product by visiting nearest CKB branch or by calling the CKB Call Centre at 19894.