NLB ECO Loan for financing energy efficiency increase
Invest in the future today with lower bills and sustainable solutions
0% for new clients of A rating that will be transferred to the Bank
1% for clients who receive income through the Bank
1.5% for clients who do not receive income through the Bank
minimum 50 KM
Processing fee - fixed, one-time calculated on the loan amount
No loan processing fee will be charged if the client has completed at least two transactions via EBB or mobile banking within the last 30 days.
Credit account management fee - fixed, amounts to 2.99 KM per month, included in the amount of the monthly annuity.
Do you want to contribute to a green future or just save?
Thinking about how to reduce the cost of heating and cooling your living space? Maybe you want your home to be more sustainable and energy efficient? Whether you are planning to install solar panels, upgrade insulation, or replace windows, we are here to make your journey to sustainability easier, while saving you money
REPAYMENT PERIOD | NOMINAL INTEREST RATE | EIR* |
from 13 to 120 months | 3,49% variable or | 3,89% |
| from 13 to 120 months | 12M EURIBOR+fixed margin 2,59% | 5,09% |
- Loan amount up to 50,000 KM
*EIR calculated on the loan amount of 20,000 KM, with the promissory note, with the indicated interest rate and repayment period of 10 years, without a fee for loan processing if it is a client of status 1 who receives income through the Bank in the last 30 days and made a minimum of 2 transactions through EBB or mobile bank, with a fee for maintaining a credit account (2.99 KM per month) and the costs of obtaining a promissory note (5 KM) and certifying the consent to seizure (8 KM).
Should the client apply for a loan under the terms of the previous example, with a variable interest rate of 3.49%, but with a loan processing fee of 1% EIR would amount to4.11%, and with a loan processing fee of 1.5% EIR would amount to 4.22%
Should the client of status 2 apply for a purpose-specific NLB ECO LOAN to finance energy efficiency increase under the terms of Example 1 with a variable interest rate of 3.49%, but additionally secured by an insurance policy covering 4 risks: in case of death, permanent disability of 50% and more, sick leave over 42 working days (6 annuities) and job loss (6 annuities), in that case, with an assumed premium amount of 701 KM (according to the insurance company's tariff), EIR would amount to4.68%
Should the client of status 4 (pensioner) apply for a purpose-specific NLB ECO LOAN to finance energy efficiency increase under the terms of Example 1 with a variable interest rate of 3.49%, but additionally secured by a death insurance policy, in that case, with an assumed premium amount of 1,660 KM (according to the insurance company's tariff), EIR would amount to 5.85%.
EIR with variable NIR 12M EURIBOR+fixed margin calculated on the basis of 12-month Euribor on 01 November 2024 (2.55%).
*Effective interest rate (EIR) - represents the amount of interest rate on the loan, increased by the amount of fees and expenses borrower bears during the realization of the loan, known on the date of creation of EIR.
Nominal interest rate (NIR) - represents the amount of interest rate on the loan.
Variability of the interest rate for long-term loans: The interest rate is agreed as variable for the entire duration of the loan, with:
- variable interest rate (administratively variable) where the volatility clause is linked to a reference rate of 12M EURIBOR±1 or
- variable interest rate related to the reference interest rate 12M EURIBOR+fixed margin
Currency clause: Loan up to 10 years is granted and repaid in KM currency.
Interest rate | 3,49% variable | |||
Repayment period | 3 years | 5 years | 7 years | 10 years |
3.000 | 91 | 58 | 43 |
|
5.000 | 149 | 94 | 70 | 52 |
10.000 | 296 | 185 | 137 | 102 |
20.000 | 589 | 367 | 272 | 201 |
30.000 | 882 | 549 | 406 | 300 |
50.000 | 1.468 | 912 | 675 | 497 |
The above examples of annuity calculations are informative only. All amounts are expressed in KM.
The NIR offer refers to the status of client 1, 2, 3 and 4.
For more detailed information on the client's status, loan conditions and costs, and other loan offers, visit the nearest NLB Bank branch or inform yourself via the information sheet or call our Contact Center on the toll-free number 0800 22 427.
- Who can take NLB ECO Loan for financing energy efficiency increase?
NLB clients, as well as clients of other banks, can take out a loan
- Where can I take NLB ECO Loan for financing energy efficiency increase?
Through the NLB website: Apply for a loan online
In the NLB branch: Schedule an appointment and visit one of our branches in person
Call us
We are here to answer all your questions.
