Four new credit packages are launched by public banks in order to meet the financing needs of citizens under favorable conditions for the transition to the normalization process and the revival of social life.
Ziraat, Halkbank, Vakıfbank came the biggest loan package in the history of the Republic.
Here are the new vehicle, automobile and other loan interests…
RESIDENTIAL CREDIT INTERESTS ...
In the purchase of first-hand / new or second-hand housing, financing will be offered with a low interest rate and a term of up to 12 years, with a grace period of up to 15 months.
The statement made by the banks said:
3 THOUSAND OVER 750 THOUSAND 500 THOUSAND XNUMX METROPOLITAN
“The amount of credit that can be given per customer is limited in order to benefit from this historical opportunity. In our three major cities (Istanbul, Ankara and Izmir), a loan of up to 750 thousand TL for residences to be subject to credit and up to 500 thousand TL for other cities will be available. A low equity / down payment rate will be applied starting from 10 percent in loan utilization.
FIRST HAND HOUSING 0,64 INTEREST RATE
In this context, financing opportunities will be provided for first-hand / zero houses with a maximum 12-month grace period, up to 15 years maturity and a monthly interest rate of 0,64 percent.
SECOND HAND HOUSING 0.74 INTEREST RATE
COMMERCIAL VEHICLES WILL BUY
Individual / corporate customers who will purchase zero km passenger vehicles (including motorcycles) or commercial vehicles from contracted companies producing domestic production will be offered a vehicle loan opportunity with a monthly interest rate of 0,49 percent to 0,69 percent, depending on the agreements made with the companies.
SECOND HAND PASSENGER VEHICLE 0,82 INTEREST
Individual / corporate customers who will buy second-hand passenger cars (including motorcycles) or commercial vehicles will be offered car loans with an interest rate of 0,82 percent. Maximum limit of 6 months without payment for a maximum of 60 Months will be 2 thousand TL in 150nd Hand Passenger Car and Commercial Vehicle Loans.
Loan amount will be calculated over own funds / equity / foreign resources and vehicles up to 7 years old will be credited.
Applications for the vehicle loan package will be made from 5 June.
FURNITURE, ELECTRONIC, WHITE GOODS
In addition to providing the financing of the social needs of individual customers under appropriate conditions, in order to support domestic manufacturing furniture, electronics, white goods, home paint-ceramic-door and window systems, home textile, dowry and bicycle sectors; agreements will be made with companies producing domestic production, and a minimum of 3 TL, a maximum of 30 TL will be offered with a 6-month grace period, a 60-month maturity and a monthly interest rate of 0,55 percent.
In order to meet the needs of individual customers, furniture, brown small home appliances, home paint-ceramic-door and window systems, home textiles, dowry and bicycle needs to be purchased from domestic companies other than contracted companies; Financing opportunity with a minimum interest rate of 3 thousand TL, a maximum of 30 thousand TL loan, 6 months without payment and a maximum of 60 months with a monthly interest rate of 0,82 percent.
Applications for the Social Support Loan Package will be made on June 5th.
SUPPORT FOR HOLIDAYS
In order to support the tourism sector, in addition to providing the financing needs of retired and working customers who want to spend a holiday and receive a salary through the relevant bank, under the appropriate conditions; Customers who apply for holiday packages to travel agencies that will make agreements with banks will be offered financing under favorable terms with a 10-month grace period of up to 6 thousand TL.
The first and second installments of the loan will be paid by the relevant firm and the bank; installments of customers will start after 1 months. In this context, the interest rate of the loan to be used by customers corresponds to 2 percent monthly.
Agreements with travel agencies will be made, and through agreements, citizens will be able to purchase their holiday packages, credit cards for 3 months without payment, followed by 15 installments for a total of 18 months in advance, with no interest. The companies that have signed a merchant campaign agreement will be published on the banks' website.
The application date and channel for the Holiday Support Loan Package will be announced later this week.