Education loan

Carefree education and excellent achievements!

Sparkasse Bank Education Loan may be used for financing:

  • Education costs in Macedonia and abroad
  • Education costs in higher or secondary education
  • Specific purpose payment of 70% of the costs, 30% of the costs have to be provided by the applicant

Basic characteristics

Maximum amount

up to MKD 280,000

Repayment period

up to 60 months

Processing fee

0.25%, min MKD 500

Interest rate


for the first year

5.50% for the first year

(linked to B.З. interest rate)

after expiration of the fixed period

from 6.75% depending on the client’s internal rating

Loan charges

Application costs

MKD 500 one-off charge

Approval fee

0,25% 0.25% minimal amount of approval fee amounting to MKD 500

Security for the loan

  • no guarantors
  • no draft
  • mandatory specific purpose payment of 70% of the schooling costs

Do you need additional information?

Call us with complete confidence, we will settle all your requests as soon as possible.