|
New cars |
Used cars |
Product name |
Car loan for buying all type or model of new car |
Car loan for buying all type or model of used car |
Beneficiaries |
Macedonian citizens
Age 18-65 (by the time of the final instalment to be less than 65 years) |
Macedonian citizens
Age 18-65 (by the time of the final instalment to be less than 65 years) |
Down payment |
Minimum 10% |
Minimum 20% |
Amount |
Min. EUR 3.000 |
Minimum down payment 20% |
Loan tenor |
From 12-72 months |
Car “age” + loan tenor <= 84 months
6 years old car – 1 year term
5 years old car – 2 years term
4 years old car – 3 years term
3 years old car – 4 years term
2 years old car – 5 years term
1 year old car – 6 years term
|
Payment |
• One-shot after signing the contract, on the account of the salesman opened in Alpha Bank AD Skopje (the payment is in MKD)
• If the loan is FX, the funds are paid with middle exchange rate of EUR |
• One-shot after signing the contract, on the account of the salesman opened in Alpha Bank AD Skopje (the payment is in MKD)
• If the loan is FX, the funds are paid with middle exchange rate of EUR |
Repayment |
• Monthly instalments
• Possibility for full or partial repayment without penalty fee |
• Monthly instalments
• Possibility for full or partial repayment without penalty fee |
Interest rate
(variable) |
· FX loan 7,5% **
• MKD loan 8,5% *** |
· FX loan 7,5% **
• MKD loan 8,5%*** |
Expenses **** |
• 100 EUR fee, one-shot, in MKD counter-value
• Expenses for booking the pledge and car insurance |
• 100 EUR fee, one-shot, in MKD counter-value
• Draft MKD 500
• Expenses for booking the pledge and car insurance |
Collateral ***** |
• Car pledge on the car that is being bought, on behalf of Alpha Bank AD Skopje
• Kasko insurance of the car on behalf of Alpha Bank AD Skopje (franchise EUR 500) |
• Car pledge on the car that is being bought, on behalf of Alpha Bank AD Skopje
• Kasko insurance of the car on behalf of Alpha Bank AD Skopje (franchise EUR 500)
• Draft MKD 500 |
Loan criteria |
· Citizens of RM
· Person with regular (permanent) employment ore pensioner
· Instalment in relation with family income *** ***
1:3
If the down payment is 10%-30%
1:2
If the down payment is 30%-50%
1:1
If the down payment is above 50% |
· Citizens of RM
· Person with regular (permanent) employment ore pensioner
· Instalment in relation with family income *** ***
1:3
If the down payment is 10%-30%
1:2
If the down payment is 30%-50%
1:1
If the down payment is above 50% |
Required documents |
• Copy of ID
• Pro-forma invoice from the salesman
• Certificate for regular (permanent) employment and the height of the monthly salary, pension cheque and other proof for incomes
• Review for the last 3 paid salaries, M1/M2 form (for persons employed in private companies) |
For the person:
• Copy of ID
• Pro-forma invoice from the salesman
• Certificate for regular (permanent) employment and the height of the monthly salary, pension cheque and other proof for incomes
• Review for the last 3 paid salaries, M1/M2 form (for persons employed in private companies)
• Birth or wedding certificate
For the car:
• Evaluated value of the car according to the car-dealer
• Card for car maintenance
• History of car maintenance according to the authorised car-dealer/importer
• Document for first car registration (registration certificate) |
Approval |
3 working days (after competition of the documentation) |
3 working days (after competition of the documentation) |
Connected products |
AMEX Credit Card with limit up to EUR 900 (only for non-cash payments) according to the income |
AMEX Credit Card with limit up to EUR 900 (only for non-cash payments) according to the income |
Co-applicant (s) |
Only in case the criteria for family income or the age is not fulfilled, there can be maximum 2 co-applicants |
Only in case the criteria for family income or the age is not fulfilled, there can be maximum 2 co-applicants |
