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27 minutes agoMinistry of Finance gives details for application for consumer credit
Periskopi(5 years ago)
(5 years ago)The Ministry of Finance, Labour and Transfers of the Republic of Kosovo has begun implementing Mass 3.6 for support of family liquidity, meaning subsidising consumer loans. Therefore, all bank clients are reported as well as the general public that during their bank loan application, they must follow standard procedures [...]
And credit approval. Consequently, banks will not prejudge approval or approval of credit subsidies and will not have any specific procedures or additional information on this measure. In the event of credit approval, the client should address the platform of Kosovo, where he can fill out the necessary forms.
Next, find instructions published by the Ministry of Finance:
Who Can Benefit?
All persons who receive consumer loans to 10,000 euros, from October 1st 2021 onward, will be able to apply for credit subsidies.
What's the amount of subsidies?
The amount that benefits each qualified applicant is 10% of the loan amount, up to the maximum of 300 euros.
Example:
If the loan is 1,500 euros, the subsidy will be 150 euros;
If the loan is 3,000 euros, the subsidy will be 300 euros;
If the loan is 5,000 euros, the subsidy will be 300 euros.
What must you do to benefit?
Once you have received the loan from a licensed financial institution, you must complete the application form in Kosovo.
After confirmation of the application's accuracy, the subsidy is paid in the creditors' bank account.
With this measure the support of family liquidity is intended to cover household seasonal expenses, school expenses, closing credit card balances, or any other spending that might at least ease the family's burden.
