The National Bank of Serbia (NBS) announced the maximum interest rates on loans that will be valid until November 30, 2025. New maximum rates will be published on December 1, 2025, and will apply until the end of May 2026, unless reference rates change.
Key points include:
- The maximum interest rate on housing loans is capped at 5 percent. This limit applies to both existing variable-rate housing loans and new housing loans with fixed or variable rates, valid through 2025.
- Cash and consumer loans in Serbian dinars can have interest rates up to 13.75 percent until November 30, down from 14.08 percent in June.
- For euro-linked cash and consumer loans, the maximum interest rate is 6.96 percent (previously 6.98 percent).
- Credit card debt interest rates in dinars are capped at 17.75 percent, while euro-denominated credit card debt can be charged up to 14.40 percent, slightly lower than the previous 14.65 percent.
- Both authorized and unauthorized overdraft interest rates can be as high as 19.75 percent for the next six months.
NBS updates maximum nominal interest rates twice a year (June 1 and December 1) and will also publish effective interest rates following changes to reference rates by the National Bank of Serbia and the European Central Bank.
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