A three-month pause in loan repayment, for all those who have accepted this possibility of the National Bank of Serbia, ends by the end of June. Employees of banks operating on our market have already started calling clients, informing them that the moratorium will expire on July 1st and that they will start receiving arrears. Apart from the announcement that repayment will continue soon, bankers also remind clients that their instalments will be higher, the Vecernje novosti daily reports. Although during presentation of this option, which banks offered to the citizens, as of April 1st, based on decision of the NBS, it was said that the interest for the three-month pause would not be waived off, many clients were surprised by the changed repayment plan. According to this decision, the obligations that entered the moratorium were transferred to the end of loan repayment as three new instalments, and the sum of regular interests was reallocated to other instalments, thus the remaining instalments in all loans will be increased. “I was informed from the bank that RSD 300 will be added to each subsequent instalment until the end of the loan repayment, based on interest for three months during the pause. I have to repay the housing loan for another 25 years, with an addition of RSD 300 for each instalment. Thus, I will give the bank an additional RSD 100,000 based on that. I have raised a complaint. Besides that, I didn’t even understand that we should have made a statement ourselves if we were against the moratorium, and that it automatically applied to everyone else. I thought it was the other way around”, says one resident of Belgrade. Judging by the banks’ response, it is true that neither this nor numerous other clients “understood the procedure for rejecting the moratorium, or the process of further repayment”. The NBS also notes that banks and lessors are obliged to submit a new repayment plan without additional costs, made in a way that ensures full information of clients about all elements of obligations and the manner of their settlement.
Source: Večernje novosti