CKB overdraft

  • From EUR 50 to EUR 3.000
  • For all employees and pensioners
  • Age: minimum 21 years


All CKB clients, employees and pensioners, regardless of their age, who are meeting certain conditions, will be approved overdraft in the amount from EUR 50 to 3,000. Contracts will be concluded for the 12-month period, with opportunity for automatic renewal. Loaan repayment will be automatically made from the beneficiary’s transaction account at the time of receipt of the beneficiary’s either regular or extraordinary income. Interest rate will depend on the client classification.

Collateral to be used for this loan will be: (1) bill of exchange and authorization to the bill of exchange that has to be certified by the court (as precondition for overdraft activation), and optionally (2) administrative wage/pension withholding order for the loan beneficiary.

Approval conditions

General preconditions that an overdraft beneficiary has to meet:

  • Age: minimum 21 years;
  • Minimum 6 months’ employment with the same company having employment contract for undefined period of time;
  • A citizen of Montenegro or non-resident with permanent employment in Montenegro;
  • Client is not placed on the Bank’s internal black list;
  • The company is not put on the Bank’s internal black list;
  • The client is receiving salary or pension through CKB for minimum 3 months.

Financial preconditions that a client has to meet:

  • Net monthly salary/pension of the client has to be minimum EUR 90;
  • Net monthly salary of the loan beneficiary has to be twice bigger than all monthly obligations under loans in all banks.

Required documentation

  • Application form for CKB overdraft loan;
  • A copy of ID card or passport (for non-residents, it is necessary to copy a passport page showing approval for temporary stay issued by the Ministry of Internal Affairs of Montenegro);
  • Confirmation on salary and employment not older than 30 days;
  • Administrative wage/salary withholding order (optional);
  • Bill of exchange and authorization to the bill of exchange subsequently – as precondition for overdraft activation;
  • Statement on severance (in the Bank’s overdraft application form).

In addition to the stated documentation, the Bank reserves the right to request the client to provide additional documentation, if deemed necessary.


More details about the product clients can get by visiting the nearest CKB branch or by calling the CKB Call Centre at 19894. All necessary documents for applying for this loan are available at all CKB counters, as well as on our website.