Type of loan

Target group

• For students from universities in the Republic of Macedonia and abroad, postgraduate students, students at doctoral studies and other persons continuing their education. , specialization, professional specialization and other training.

Loan amount

• Maximum amount of credit exposure per loan account is 150.000 MKD – denar loan*

Purpose

·  For enrollment in the semester

·  For the procurement of literature or professional aids

·  For training, courses, student exchanges or excursions

Repayment period

• 24, 36 and 48 months

Interest rates

Annual, variable Interest rates**

(Annual rates of total costs)

Security

• Verification of bill

Repayment

• Monthly by paying annuities (monthly installments) – for loans with repayment period from 24, 36 and 48 months

Fees

• According to FULM Savings House pricelist on the day the contract is concluded

Minimum loan criteria

• Individuals, citizens of the Republic of Macedonia 
• The user of the loan must be a member of FULM

Minimum required documents when applying for loan

· Copy of a valid identity card or valid passport from the loan applicant and the guarantor / s

· Copy of the index/student ID card, of the borrower (the student)

· Fully filled out loan application forms

Advantages

• Instant payment 
• No fee is charged for premature repayment of the loan 
• Favourable conditions during anew applying for loan