The Consumer Unsecured pre-approved limit is an additional loan limit provided by Tirana Bank to the existing mortgage borrowers of Tirana Bank for purchase of home appliances at Neptun stores.

This pre-approved limit is valid until 6 months from the Disbursement of the mortgage Loan.

Tenor and Financing T&C:

Currency: EUR/ LEK

Amount:

• Max 4.000 Euro/ 500.000 All;
• Tenor: Min. 1 year – Max 5 years;
• No Collateral needed.  

Client’s benefits from this product are:

• Pre-approved limit without documents set for the application.
• Interest Rates and fees of this loan are more favorable than those of an express loan for purchase in Neptun stores applied from other banks.

Interest Rates:     

Documentation:

• Pro-forma Invoice from Neptun.

The Top-Up is an additional loan limit (consumer secured) provided by Tirana Bank to the existing mortgage borrowers of Tirana Bank for covering their personal financial needs like:

• children education,
• medical emergency,
• house renovation,
• vacation etc

while using as collateral the same property used for the mortgage loan.

Tenor and Financing T&C:

Currency: EUR/ LEK

Amount:

• Up to the repaid amount of the existing loan limit;
• Tenor: Up to the maturity of the existing loan limit;
• Collateral: is used the same property used for the mortgage loan.  

Client’s benefits from this product are:

• Less documents set for the application.
• Same tenor with mortgage loan (so longer tenor than an unsecured consumer loan)
• No need to re block the collateral in mortgage office.
• Interest Rates and fees of this loan are more favorable than those of a Consumer Unsecured loan.

Interest Rates:     

Documentation:

• ID/passport
• Employment Confirmation extracted from E-Albania only for Customers that are payroll in other banks.

Bank offers financial support for all Retail customers who want to be financed for: Purchase a residential property; Construct a residential property; Investment Purposes (buy to let/ buy to sell); Purchase a plot of land (accompanied with an investment plan and construction permit); Transferring a loan balance from another Bank

Lending Terms and Conditions:

Currency: EUR/ ALL

Amount:

Min:  5,000 EUR / 525, 000 ALL;

Max: 300,000 EUR / 31,500,000 ALL Mass Customers;

Max: 500,000 EUR / 52,500,000 ALL Affluent Customers;

Max: 1,000,000 EUR / 105,000,000 ALL Premium Customers

Duration: up to 30 years;

Financed limit: up to 90% for residential property/construction;                                                                                                              

Interest Rates

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

Documentation:

• ID card / passport
• Family certificate
• Employment confirmation issued by the employer

If the customer has his own business:

• Extract of National Registration Centre for Businesses (within the last month); NIPT;
• Tax Office verification of dues;
• Mortgage Deed
• In case of home construction: Construction permit and technical project for execution, total cost for the construction project.

Note: The Bank keeps the right to request other documents considered necessary for the evaluation of the client

For more information, contact our branches or call for free at Info Bank  0800 68 68.

Tirana Bank offers financial support for all Retail customers who want to be financed for:Improvement / reconstruction a residential property; Transferring a loan balance from another Bank; Home improvements consist in works that are incorporated in the building structure, like painting, tiles laying, installment of electrical/hydraulic/heating systems, etc

Lending Terms and Conditions:

Currency: EUR/ALL

Amount:

• Min: 8,000 EUR / 1,000,000 ALL
• Max: 200,000 EUR / 25,000,000 ALL
• Duration: up to 20 years
• Financed limit: 100% of the project cost, up to 80% of security market value

 Interest Rates: 

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

Documentation:

• ID card / passport
• Family certificate
• Employment confirmation issued by the employer

If the customer has his own business:

• Extract of National Registration Centre for Businesses (within the last month); NIPT;
• Tax Office verification of dues;
• Mortgage Deed;
• Work certification and/or Re-construction permit/notification at the municipality for the project.

1.Real Estate Purchase / Construction Loan

Tirana Bank offers financial support for all individual professionals that for their Professional Activity, want to be financed for: Reconstruct office / store / business unit

Lending Terms and Conditions:

Currency: EUR/ALL

 Amount:

• Min: 5,000 EUR / 625,000 ALL
• Max: 500,000 EUR / 62,500,000 ALL
• Duration: up to 20 years

Financed limit: 60% of the project cost, up to 80% of security market value

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

2. Real Estate Improvement Loan

Lending Terms and Conditions:

Currency: EUR/ALL

Amount:

•  Min:  8,000 EUR / 1,000, 000 LEK;
• Max: 20,000 EUR / 2,500,000 LEK without Work Certification;
•  Max: 150,000 EUR / 18,750,000 LEK with Work Certification;

Duration:

• Up to 10 without work certification;
• Up to 15 with work certification;

Financed limit: up to 100 % of the reconstruction cost

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

Interest rates:   

For more information, contact our branches or call for free at Info Bank 0800 68 68.

1.Home Purchase / Construction for Emigrants

Tirana Bank offers financial support for all Albanian Citizens who live and work abroad (emigrants) and want to be financed for:Purchase a residential property, Construct a residential property

Lending Terms and Conditions:

 Currency: EUR/ LEK

 Amount:

•  Min: 5,000 EUR / 625, 000 LEK;
•  Max: 300,000 EUR / 37,500,000 LEK  
•  Tenor: up to 30 years;

Financed limit: 70% of the residential property;            

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

2.Home improvement for Emigrants

Lending Terms and Conditions:

Currency: EUR/ LEK

Amount:

•  Min:    8,000 EUR / 1,000, 000 LEK;
•  Max: 20,000 EUR / 2,500,000 LEK without work certification;
•  Max: 200,000 EUR / 25,000,000 LEK with work certification;

Tenor:

• Up to 15 years without work certification;
• Up to  20 years  with work certification;

 Financed limit: up to 100% of the project cost;       

 Payment method: Principal and interest are paid in equal monthly instalments

 Collateral: First-rank mortgage on the funded property or other property that meets the   Bank's requirements

Interest rates:             

For more information, contact our branches or call for free at Info Bank 0800 68 68.

Home Equity Loan is offered to all Individual Customers who need a loan for various reasons (except business reasons) leaving as collateral a property.

Currency: ALL, EUR

Amount:

•  Min: 5,000 EUR / 625,000 ALL
•  Max: 100,000 EUR / 12,500,000 ALL

Duration: up to 20 years

Interest Rates: 

Documentation:

• ID card / passport
• Family certificate
• Employment confirmation issued by the employer
• If the customer has his own business:

• Extract of National Registration Centre for Businesses (NIPT);
• Tax Office verification of dues;

• Mortgage Deed

Note: The Bank keeps the right to request other documents considered necessary for the evaluation of the client

For more information, contact our branches or call for free at Info Bank  0800 68 68.

Tirana Bank offers the Car Loan product for all Retail Premium customers who want to be financed for Purchase of a new/used car.

Product characteristics:

Currency: EUR / LEK

 Amount:

• Up to 300,000 EUR / 37,500,000 LEK

Duration: up to 5 years

Interest Rates:

• LEK    T Bills 12M + 3.5%, Min 5 %                                       
• EUR    EURIBOR 12M + 5%, Min 5% 
• Payment method: Principal and interest are paid in equal monthly instalments.

For more information, contact our branches or call for free at Info Bank  0800 68 68.

Tirana Bank offers financial support for all Retail customers, to cover financial needs (consumer goods, cars, home furniture, home appliances, vacations, personal expense etc).

Currency: EUR / ALL

Amount:

• Minimum:      100,000 ALL / 800 EUR
• Maximum:     3,000,000 ALL / 25,000 EUR

Tenor: 10 Years

Interest Rates:

 Documentation:

• ID card / passport
• Family certificate
• Employment confirmation issued by the employer
• If the customer has his own business:

• Extract of National Registration Centre for Businesses (NIPT);
• Tax Office verification of dues;

Note: The Bank keeps the right to request other documents considered necessary for the evaluation of the client

For more information, contact our branches or call for free at Info Bank  0800 68 68.

Tirana Bank offers financial support for students, for graduates and postgraduate programs in Albania or abroad to cover the tuition fees, for private or public universities. Student Loan is offered either unsecured or secured with property.

Along with the financing of tuition fees a supplementary amount for other initial student needs (e.g. rent, expenses for furniture) will be offered. This supplementary amount is estimated to be approximately up to 20% of the amount required for the tuition fees.

Target Group: Part time or full time Student

1.Unsecured Student Loan

Currency: ALL, EUR

Amount:

• Min:   50.000 ALL / 400 EUR

• Max: 1,250,000 ALL /  10,000 EUR

Duration: up to 7 years

Financed limit: 100% of the invoice released by the University

Interest Rates:

• LEK: T Bills 12M + 5.5%, Min 6 %     
• EUR: EURIBOR 12M + 6.5%, Min 6.5%                                              

Payment method: Principal and interest are paid in equal monthly installments

2.Secured Student Loan

 Currency: ALL, EUR

 Amount:

• Min: 4,000 EUR / 500,000 ALL
• Max: 50,000 EUR / 6,250,000 ALL

Duration: up to 15 years

Financed limit: 100% of the invoice released by the University                                     

Interest Rates:

•  LEK: Bono Thesari 12M + 3%, Min 5 %                                                      
•  EUR: Euribor 12M + 5%, Min 5.5%

Payment method: Principal and interest are paid in equal monthly instalments

Collateral: First-rank mortgage on the funded property or other property that meets the Bank's requirements

For more information, contact our branches or call for free at Info Bank 0800 68 68.

Cash Collateral aims to cover different financial needs for all Retail Customers who offer their term deposit at Tirana Bank as guarantee.

Currency: ALL, EUR, USD

 Amount: ALL 18,750,000/ EUR 150,000/ USD 132,000

 Duration: 6 up to 25 months (Loan duration will be same with term deposit maturity date)

  Financed limit:

• 80% of term deposit (when T/D and loan are in the same currency)
• 70% of term deposit (when T/D and loan are in different currency)

 Interest Rates: 

Term deposit interest rate  + 2%                                                      

Payment method:                        

• Principal and interest are paid in equal monthly installments
• Principal and interest are paid in term deposit maturity date.

Collateral: The term deposit established as collateral will be registered at the Securing Charges Registry (RBS) in cases when:

• Loan amount is ≥ 20,000 EUR (equivalent in  ALL, USD currencies);
• Borrower is owner/administrator of a private business or licensed as Physical Person regardless of the loan amount;

 For more information, contact our branches or call for free at Info Bank 0800 68 68.

Overdraft is a form of credit facility that can be used to cover personal consumer needs for individuals. Access granted to the payroll account in order to have the possibility for withdraw up to an approved limit

Currency: ALL/EUR

Amount:

•  Min: 100 EUR / 12,500 ALL
• Max: up to 3 (three) net salary
• Duration: 10 Years

Interest Rates:

• LEK: Tbills 12 + 10%, Min 14%
• EUR: EURIBOR 12 + 12%, Min 15%

Payment method: The interest is paid on monthly basis.

For more information, contact our branches or call for free at InfoBank 0800 68 68.