Splitska banka Societe Generale Group > Individuals > Specific-purpose loans

Giro Account:
2330003-1000000013

Statistical no. (MB): 03129241

Registration no. (MBS): 060000488

SWIFT: SOGEHR22

VBDI: 2330003

Individuals / Specific-purpose loans / Agriculture loans

Agriculture loans

Purpose:
1) acquisition, construction, completion or reconstruction of agricultural objects
2) acquisition of agricultural land
3) acquisition of agricultural machinery (equipment)
Loan users:
- the borrower is a Bank client pursuing primary or secondary business activity in agriculture. Other loan participants must be from other industries.
- mandatory giro account for business transactions held with the Bank
Documentation:

standard Bank forms ('Loan Application','Basic information on the participant')
copy of the official photo ID of all participants
confirmation on the salary tax base, certified by the Croatian Pension Insurance Institute (HZMO) or the Croatian Registry of Insured Persons (REGOS) or tax assessment issued by the Tax Administration for the last two years
last three pension slips + HZMO certification, if the applicant is a pensioner
confirmation of entry into the agricultural registry
copies of Contracts on cooperation and other documents signed with companies or cooperative societies which purchase the products, with confirmation on payments for the last two years
agricultural production insurance policy
land registry certificate (ownership certificate), not older than 10 days
cost estimate for works prepared by a company or person authorized to provide planning services
construction permit or confirmation of the competent institution that the no specific permit is required for the specified works
valuation of the real property (which is subject to fiduciary transfer of ownership) prepares by the Bank’s certified assessor
estimation of the selling price
notarized sales agreement

Creditworthiness: monthly income of the borrower or the sum of the borrower’s income and the co-debtor’s (one or two acceptable) income must be at least three times the loan annuity
Collaterals:
- up to three guarantors – creditworthiness according to General Terms and Conditions
- obligatory collaterals according to General Terms and Conditions
- fiduciary transfer of ownership right to the Bank, with the ratio between the loan amount and the property value being 1:2 for purposes 1), 2) and 3 b)
  - option of additional deposit up to the required real property value
  - property insurance policy against common risks (fire, flood, earthquake)
- life insurance policy and accident insurance policy according to General Terms and Conditions by type of loan
- assignment of the agricultural cooperation society or company with which the borrower has a business relationship
- buyback guarantee issued by the seller for the machine
- loans under 3) are insured with Euroherc osiguranje d.d. according to the following models:
  loan insurance models for agricultural machinery
1. 2,500 to 5.000 EUR, with guarantors
  - one creditworthy guarantor or
  - two guarantors with joint adequate creditworthiness
  - credit commitment fee 1.33%
2. 5,001 to 12,500 EUR , with guarantors
  - two individually creditworthy guarantors or
  - one guarantor with individual creditworthiness or two guarantors with joint adequate creditworthiness
  - credit commitment fee 1.33%
3. 12,501 to 25,000 EUR, with guarantors and fiduciary transfer of ownership
  - one creditworthy guarantor or
  - two guarantors with joint adequate creditworthiness
  - credit commitment fee 1.33%
4. 2,500 to 25,000 EUR,
5. 2,500 to 25,000 EUR,
  - without guarantors
  - fiduciary transfer of ownership
  - mandatory insurance for the repayment term
  - credit commitment fee 1.84%

age of the agricultural machine: all insurance models apply to loans where the sum of the machine age and repayment term does not exceed 12 years

Purpose:
1) acquisition, construction, completion or reconstruction of agricultural objects
2) acquisition of agricultural land
3) acquisition of agricultural machinery (equipment)
Loan users:
- the borrower is a Bank client pursuing primary or secondary business activity in agriculture. Other loan participants must be from other industries.
- mandatory giro account for business transactions held with the Bank
Documentation:

standard Bank forms ('Loan Application','Basic information on the participant')
copy of the official photo ID of all participants
confirmation on the salary tax base, certified by the Croatian Pension Insurance Institute (HZMO) or the Croatian Registry of Insured Persons (REGOS) or tax assessment issued by the Tax Administration for the last two years
last three pension slips + HZMO certification, if the applicant is a pensioner
confirmation of entry into the agricultural registry
copies of Contracts on cooperation and other documents signed with companies or cooperative societies which purchase the products, with confirmation on payments for the last two years
agricultural production insurance policy
land registry certificate (ownership certificate), not older than 10 days
cost estimate for works prepared by a company or person authorized to provide planning services
construction permit or confirmation of the competent institution that the no specific permit is required for the specified works
valuation of the real property (which is subject to fiduciary transfer of ownership) prepares by the Bank’s certified assessor
estimation of the selling price
notarized sales agreement

Creditworthiness: monthly income of the borrower or the sum of the borrower’s income and the co-debtor’s (one or two acceptable) income must be at least three times the loan annuity
Collaterals:
- up to three guarantors – creditworthiness according to General Terms and Conditions
- obligatory collaterals according to General Terms and Conditions
- fiduciary transfer of ownership right to the Bank, with the ratio between the loan amount and the property value being 1:2 for purposes 1), 2) and 3 b)
  - option of additional deposit up to the required real property value
  - property insurance policy against common risks (fire, flood, earthquake)
- life insurance policy and accident insurance policy according to General Terms and Conditions by type of loan
- assignment of the agricultural cooperation society or company with which the borrower has a business relationship
- buyback guarantee issued by the seller for the machine
- loans under 3) are insured with Euroherc osiguranje d.d. according to the following models:
  loan insurance models for agricultural machinery
1. 2,500 to 5.000 EUR, with guarantors
  - one creditworthy guarantor or
  - two guarantors with joint adequate creditworthiness
  - credit commitment fee 1.33%
2. 5,001 to 12,500 EUR , with guarantors
  - two individually creditworthy guarantors or
  - one guarantor with individual creditworthiness or two guarantors with joint adequate creditworthiness
  - credit commitment fee 1.33%
3. 12,501 to 25,000 EUR, with guarantors and fiduciary transfer of ownership
  - one creditworthy guarantor or
  - two guarantors with joint adequate creditworthiness
  - credit commitment fee 1.33%
4. 2,500 to 25,000 EUR,
5. 2,500 to 25,000 EUR,
  - without guarantors
  - fiduciary transfer of ownership
  - mandatory insurance for the repayment term
  - credit commitment fee 1.84%