Amount:

Min. EUR 3,000 - 7,000
 

Beneficiaries:

Macedonian citizens, age 20-65 (no older than 65 by the time of the final instalment)

 

Criteria:

  • Citizens of RM
  • Person with permanent employment or pensioner
  • Minimum monthly income of the loan applicant MKD 15,000 
  • Debt to burden ratio less than 33%
  • Salary/pension through Alpha Bank - positive factor for Loan approval
  • Acceptable classification from the Credit Registry: A classification and B classification with collateral
Down payment:
Minimal down payment: 50% through transactional account
 

Loan tenor:

36 months
 

Payment:

  • One-shot in MKD after signing the contract, through transactional account, on the account of Korea Auto Trejd, opened in Alpha Bank AD Skopje
  • The funds are paid by middle exchange rate of EUR

Re-payment:

  • Monthly instalments
Interest rate (variable):
0%
 

Expenses

  • 1.6% fee (in MKD)
  • Draft expenses
  • Notary expenses for booking the pledge and verification of the draft
  • Expenses for kasko car insurance

Collateral

  • Pledge on the car being bought, in favour of Alpha Bank AD Skopje
  • Kasko insurance of the car in favour of Alpha Bank AD Skopje (franchise EUR 500)
  • Notarized draft
  • Co-applicant/s (maximum two)/guarantor only if the terms for the income and age are not fulfiled
  • Recomended administrative ban

Approval:

Three working days (after completion of the documentation)
 

Related products:

American Express Credit Card according to the Credit policy
 
 
 
The Bank keeps its right to decline the application of the loan applicant.
 
The Bank keeps the right to change the terms without a prior notice.



See also...
Information
Telephone:
+389 (0) 2 32 31 000
Fax:
+389 (0) 2 32 03 881
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