Loans 100% Covered by Cash Deposit / Pledge of Commission-based Placements / Pledge of Securities

A loan 100% covered by cash deposit serves for funding short-term needs of borrowers, where the following may be used as loan security:

  • a 100% cash deposit in dinars or foreign currency
  • a guarantee from a bank acceptable to Erste Bank a. d. Novi Sad
  • a bill of exchange guaranteed by a bank acceptable to Erste Bank a. d. Novi Sad
  • securities of the Republic of Serbia

Maximum loan amount

100% of the deposit offered or 100% of the market value of securities


up to 12 months

Loan security instruments

adequate number of bills of exchange and contractual authorisations of the applicant and other in accordance with the Bank’s credit policy and Bank Collateral Catalogue

Repayment method

one-time, semi-annually, six-monthly, quarterly, three-monthly or monthly

Loan types

dinar loan, dinar loan with a currency clause, foreign currency loan (in accordance with the Law on Foreign Exchange Operations)

Interest and fees

based on credit standing and income level


The loan may be repaid using the funds of the blocked deposit. The loan security instruments must remain blocked until the final loan repayment