Hipotekarna Banka review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

Hipotekarna Banka suits Montenegrin borrowers who already bank with it, since the processing fee is waived for existing clients and the cash loan rate is competitive. Its cash loan APR of 8.33% to 11.4% sits below the site median of 12% across the whole comparison.

Key facts

Best for
Existing Montenegrin clients wanting cheap cash loans alongside a long fixed mortgage.
APR
8.33% to 11.4% (Source, checked September 26, 2026)
Loan amount
€5,000 (Source, checked September 26, 2026)
Term
72 months (Source, checked September 26, 2026)
Arrangement fee
One-off processing fee 0 EUR for existing bank clients; 101.47 EUR for non-clients on a 5,000 EUR cash loan (plus 4/8 EUR promissory note and 3/6 EUR credit registry inquiry fee) (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Representative example
Cash loan for existing clients: 5,000 EUR over 72 months, NKS 8.28% p.a., EKS 8.33% p.a., monthly instalment 87.62 EUR, total repaid 6,348.73 EUR (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Citizens of Montenegro: any natural person acting for purposes other than trade, business, craft or profession, subject to the bank's creditworthiness assessment; no age rule stated (Source, checked September 26, 2026)
Origination fee (%)
2.03% (Source, checked September 26, 2026)
Loan types
Personal, Secured, Student, Car (Source, checked September 26, 2026)
Legal entity
Hipotekarna banka AD Podgorica (Source, checked September 26, 2026)
Headquarters
Montenegro (Source, checked September 26, 2026)
Support channels
Phone (Source, checked September 26, 2026)
Official website
hipotekarnabanka.com

Mortgages

Initial rate
4.99% to 7.5% (Source, checked September 26, 2026)
APRC
5.18% (Source, checked September 26, 2026)
Fixed period
20 years (Source, checked September 26, 2026)
Maximum loan to value
80% (Source, checked September 26, 2026)
Product fee
€0 (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Hipotekarna banka AD Podgorica (Source, checked September 26, 2026)
Headquarters
Montenegro (Source, checked September 26, 2026)
Support channels
Phone (Source, checked September 26, 2026)

Apps and profiles

Elsewhere
WikidataLinkedInXapps.apple.com

Pros and cons

Pros

  • Home lending carries an initial rate of 4.99% to 7.5% and an APRC of 5.18%, with lending capped at 80% loan to value.
  • Existing clients pay no processing fee on a cash loan, while other applicants face a set fee plus a promissory note and a credit registry inquiry charge.
  • The same lender covers personal, secured and student and purchase and remortgage, which keeps a family's borrowing in the same place.

Cons

  • Support runs on phone only, so questions reach the bank by phone.
  • The credit check is a hard one (hard), and approval also rests on the bank's own creditworthiness assessment.
  • A 72 term runs longer than the site median of 36, so the total repaid builds up over more instalments.
Hipotekarna Banka

Ready to try Hipotekarna Banka?

Scored 9.1 / 10 by BorrowCue.

See alternatives

Who it suits

  • Borrowers in Montenegro who bank with Hipotekarna Banka, because the cash loan processing fee does not apply to existing clients.
  • Homebuyers and remortgagers who want a long fixed period, an initial rate of 4.99% to 7.5% and lending capped at 80% loan to value.
  • Households who want cash, secured, car and student borrowing from the same lender, since loan types cover personal, secured and student.

Who should look elsewhere

  • Monzo Flex, at 10% to 23%, if the priority is a lower top rate than this cash loan range.
  • Cashspace ES, whose stated APR is 0%, for anyone who wants no interest charged and does not need a lender in Montenegro.

How it compares on our data

In the site ranking on loan amount, Hipotekarna Banka sits at 136 out of 685, placing it among the larger amounts in the comparison. On term it ranks 52 out of 232. The gap between the two positions points to larger amounts and longer terms than the middle of the ranking.

How Hipotekarna Banka compares

Where Hipotekarna Banka is available

Available
Montenegro
Licence in Montenegro
Centralna banka Crne Gore (CBCG), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate do I pay on a cash loan?+

Cash loan APR runs 8.33% to 11.4%, and the whole range sits below the site median of 12%. The representative example is a cash loan of €5,000 repaid over 72, and the total repaid comes out above the amount borrowed, which is where the cost of borrowing shows up.

What fees sit on top of that rate?+

Existing bank clients pay no processing fee on a cash loan. Other applicants pay a one-off processing fee on a cash loan of €5,000, plus a promissory note charge and a credit registry inquiry fee. An origination fee of 2.03% is listed as well, and the mortgage product fee of €0 means no extra charge for the home loan.

How much can I borrow and over what term?+

The representative example pairs €5,000 with a term of 72, which is longer than the site median of 36. A longer term softens the monthly instalment but leaves more interest in the total repaid, so the trade-off is worth weighing before applying.

What credit check do I have to pass?+

Every application runs a hard credit check (hard), and the outcome depends on the bank's own creditworthiness assessment. The bank lends to citizens of Montenegro who are natural persons borrowing for purposes other than trade, business, craft or profession.

What does the mortgage side look like?+

Home lending carries an initial rate of 4.99% to 7.5% with an APRC of 5.18%, fixed for 20 and capped at 80% loan to value. The lender covers purchase and remortgage, and the mortgage product fee of €0 means no extra charge for taking the home loan out.

Who regulates the lender and how do I reach it?+

It is a Montenegrin bank, Hipotekarna banka AD Podgorica (Hipotekarna banka AD Podgorica), and the regulator for Montenegro is the Centralna banka Crne Gore (CBCG). The bank lends directly as a direct lender, and support runs on phone only, so the phone is the route for questions about an application.

Which kinds of loan are on offer?+

Loan types cover personal, secured and student, which means personal, secured, car and student borrowing all sit with the same lender. The bank works as a direct lender, so the lender holding the loan is the one you deal with, not an intermediary.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Funding time.

Hipotekarna Banka

Hipotekarna Banka

Existing Montenegrin clients wanting cheap cash loans alongside a long fixed mortgage.

9.1/10See alternatives

Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie policy
Cookie settings