A minimum down payment of 1% and a lower fixed interest rate for the first 6 years, and in addition, you can be approved for a loan without visiting the bank
✅ Who can apply?
The following can apply for a subsidized housing loan:
- Citizens of the Republic of Serbia residing in Serbia
- Persons aged 20 to 35 (until the day before turning 36)
- Persons who do not own real estate
- Permanent or fixed-term employees, entrepreneurs, farmers, independent artists, as well as the unemployed with a creditworthy family guarantor
💶 Loan terms
- Maximum loan amount: 100,000 euros in dinar equivalent
- Minimum participation: 1% of the real estate value
- Interest rate:
- First 6 years: fixed interest rate of 1.5% per annum (thanks to a government subsidy of 2 percentage points)
- After 6 years: variable interest (3M/6M EURIBOR + 2.0%)
- Repayment period: up to 40 years
- Grace period: up to 12 months (at the user’s request)
- Early repayment option: allowed without charge
🏡 Additional information
- The price of the property is not limited, but the maximum loan amount is 100,000 euros
- The property must be intended for housing (apartment, house, part of a residential building, garage or garage space, land with a building permit for the construction of a house); cottages are not considered residential real estate
📝 Required documentation
Documentation varies depending on the applicant’s status:
- Employees: confirmation of employment and amount of income, turnover per account for the last 6 months, last 3 payslips
- Unemployed: a certificate from the National Employment Service that the person is not employed
- Students: certificate of regular studies
- Farmers: statement from the Treasury, turnover per account in the last 6 months
- Entrepreneurs and independent artists: tax solution, turnover per account for the last 6 months
🏦 Participating banks
The program of subsidized housing loans for young people is implemented by numerous banks in Serbia
- Postal savings bank
- Banca Intesa
- OTP Bank
- UniCredit Bank
- NLB Commercial Bank
Each bank may have additional conditions and procedures, so it is recommended to contact the selected bank directly for detailed information.
For more information and a detailed guide through the program, you can visit the official website of the Ministry of Finance of the Republic of Serbia: Serbia Finance Ministry
