Insured by NMIC


Halkbank approves housing loans to retail clients with regular salaries or pensions paid to a current account with Halkbank. Loans are disbursed for the purchase, construction, extension or adaptation of residential premises.


Housing loans from Halkbank are disbursed:

  • With no annual loan administration fee
  • With no disbursement fee
  • On maturity up to 30 years
  • With the possibility of co-repayment with another creditworthy person as a co-borrower

Terms and conditions


Depending on the borrower’s creditworthiness


Purchase, construction, extension and adaptation of residential premises


Dinar loan indexed in EUR

Indexing criterion

EUR – at NBS middle exchange rate


Up to 30 years

Grace period

Up to 12 months*

Down payment

  • Minimum 20%
  • No down payment if the loan amount does not exceed 80,00% of the value of real estate which is subject of mortgage

Nominal interest rate

(variable p.a.)

from 2,95% to 3,35% + 6m EURIBOR**

Front-end fee

0,30% - 0,50%

NMIC fee

  • Fixed fee 30 EUR
  • Percentage fee:
    • 1,50% with LTV ratio below or equal to 70,00
    • 2,50% with LTV ratio exceeding 70,00 but less or equal to 80,00
    • 3,50% with LTV ratio exceeding 80,00 but less or equal to 90,00
  • Fee is increased by:
    • 0,25% if the borrower has no life insurance;
    • 0,50% If mortgage is on so called “building in construction"; 
    • 0,15% if the subject of the mortgage is a building which is legalized on the basis of the Law on Planning and Construction;
  • Additionally, fees will be increased depending on the degree of credit indebtedness:
    • 0,50% indebtedness equal or exceeding 60%
    • 1,00% indebtedness equal or exceeding 70%
    • 1,50% indebtedness equal or exceeding 80%


  • 2 blank promissory notes
  • First mortgage on real estate in favour of the Bank
  • Insurance of real estate for each year of the loan on construction value against basic risks and additional risks of water spillage, assigning the insurance policy in favour of the Bank
  • Loan insurance at NMIC

* loans for contruction/adaptation of residential premises

** Amount of monthly annuity is adjusted twice a year with 6m EURIBOR

Representative example

Loan characteristics

  • LTV ratio up to 80%
  • Borrower’s indebtedness with new annuity 55%
  • Facility registered and legalised
  • No life insurance
  • Fee converted in dinar equivalent at the NBS middle exchange rate as on 14.02.2019.

Real estate value

65.000,00 EUR

Down payment

15.000,00 EUR

Loan amount

50.000,00 EUR

Annuity – amount of monthly obligation

202,29 EUR


30 years

Nominal interest rate

2,714% p,a; and/or 6m EURIBOR* increased by fixed margin of 2,95% p.a.


Promissory notes, mortgage, insurance

Front-end fee (0,30%)

17.725,30 RSD (150,00 EUR)

NMIC fee

3.545,06 RSD (30 EUR, fixed)

103.397,61 RSD (1,75%, 875,00 EUR)

Other costs of collateral

  • 246,00 RSD – Credit Bureau for borrower
  • 100,00 RSD - 2 promissory notes
  • 11.816,87 RSD Estimation of real estate (100 EUR)
  • 1.181,69 RSD Cadastral map (10 EUR)
  • 10.080,00 RSD Registration of lien statement
  • 21.290,00 RSD Mortgage registration
  • 4.726,75 RSD Insurance (40 EUR) 

Total amount to be repaid

72.881,07 EUR

Effective interest rate


* 6m EURIBOR calculation -0,236

Calculation as on 14.02.2019.

Credit calculator


What in NMIC?

The National Mortgage Insurance Corporation (NMIC) is a specialized institution for insurance of loans disbursed by banks to private persons for the purchase, adaptation and construction of real estate.

Does the client go directly to the NMIC to insure the loan?

No, the Bank acts as an intermediary between the client and the NMIC.

What is  LTV racio?

The Loan-To-Value ratio is a ratio of the loan amount to the estimated market value of the real estate that is mortgaged.

What is  EURIBOR?

EURIBOR (Euro Interbank Offered Rate) is a reference rate established by the European interbank market. It is a daily average rate on which prime European banks lend uninsured funds to one another.