CKB Pensioner Cash Loan

CKB Pensioner Cash Loan

CKB cash loan for pensioners with repayment period of up to 10 years

CKB Cash Loan for Pensioners with insurance policy is the best choice for the pensioners who need cash.

Target clients

It is intended for all pensioners of the Montenegrin Pension and Disability Insurance Fund who have the nationality and permanent residence in Montenegro.


  • Loan approval is possible in just 1 day!
  • The loan is approved in the amounts from € 300 to € 12,000
  • Repayment period from 73 to 120 months
  • A longer repayment period allows for a lower monthly instalment

Representative example

 5.000 EUR10.000 EUR12.000 EUR
Repayment period 73 months 96 months 120 months
(Annual) Nominal Interest Rate 10,99% 10,99% 10,99%
Monthly repayment 92,94 EUR 154,33 EUR 161,84 EUR
Administrative fee 75 EUR 150 EUR 180 EUR
Total interest 1.784,31 EUR 4.815,73 EUR 7.420,57 EUR
Effective Interest Rate 11,62% 11,49% 11,41%
Total cost of credit* 1.859,31 EUR 4.965,73 EUR 7.600,57 EUR
Total repayable 6.859,31 EUR 14.965,73 EUR 19.600,57 EUR


*Total cost of credit represents the sum of interest for the entire period, administrative fee, bill fee (€2) and fee for inquiry to the CBCG Credit Bureau (€3). A representative example is shown on the example of the calculation from 15. 9. 2022. 

Loan calculator

Special advantage

Approved same day!

Total loan amount
Monthly installment
Total repayment amount
Interest amount
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Annual nominal interest rate NIR

Annual effective interest rate

Loan approval fee

Fee amount

The loan calculator is for informational purposes only and cannot be used for other purposes. The calculation of the effective interest rate in this loan calculator includes the costs of the bill of exchange (2 EUR) and the inquiry to the Credit Registry (3 EUR), as well as the amount of the loan approval fee which is 1.50% of the loan amount

General requirements

Client's age must be maximum 78 on the last instalment date  

Loan security

  • Administrative pension withholding order for the loan beneficiary
  • Administrative salary/pension withholding order for the guarantor
  • Bill of exchange (signed by the loan beneficiary and the guarantor, if specified in the contract) and authorization for the bill of exchange (signed by the loan beneficiary and the guarantor, if specified in the contract)
  • Bill of exchange and authorization for the boll of exchange of a corporate entity (in exceptional cases)
  • Life insurance policy (group)

Documents required

  • Loan application form
  • Signed ID copy
  • Personal data form
  • Administrative withholding order
  • Bill of exchange and authorization for the bill of exchange
  • Pension cheque (pension payment confirmation issued by Pension Fund)
  • Employment certificate (not older than 30 days, and for a guarantor as appropriate)
  • Consent for access to the Credit Bureau Register (RKB)
  • Copy of payment order for RKB
  • Bank statement showing account transactions in the last month

Condition list for retail loans

The Bank reserves the right to request additional security or documents, if considered necessary.

After collecting the necessary documents and signing the loan application, please visit one of our branches, where you can apply for a loan. If a guarantor is required as additional security, then the guarantor must also come to the branch at the time of submitting the application, and signing the bill of exchange and other documents.

CKB Cash Loan for Pensioners with repayment period of up to 10 years

Are you interested in for CKB cash loan for employees with repayment period of up to 10 years? Apply online.

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