Three state banks announced the new loan support package. Ziraat Bank, Halkbank and Vakıfbank offer loans with low interest rates and long-term opportunities to support citizens’ needs. The support loan details of Ziraat Bank, Halkbank and Vakıfbank, named as three public banks, are in our news …
Public banks announced housing, vehicle, social life and holiday loan packages. In the purchase of first-hand / new or second-hand housing, credit will be extended with a 15-year maturity of 1 year without payment. Credit will be used with second hand interest at 0.82%. While holiday loans come to citizens who want to go on holiday, a separate loan will be provided for those who want to buy bicycles.
After the pandemic of public banks, they announced a large loan package to revive the economy. Here are the products included in the package:
1- HOUSING CREDIT
Financing will be offered with low interest rates and a term of up to 15 years with a grace period of up to 12 months for first / zero or second-hand housing purchases.
Zero housing payment table:
The amount of credit that can be given per customer is limited; In three major cities (Istanbul, Ankara and Izmir), a loan of up to 750 thousand TL will be used for residences to be subject to credit, and up to 500 thousand TL for other cities. Low equity / down payment rate, starting at 10% in loan usage, will be applied.
In this context, financing opportunities will be offered 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%.
MAXIMUM 12 MONTHS WITHOUT PAYMENT PERIOD
Financing opportunities for second-hand housing will be offered with a maximum 12-month grace period, a maximum term of 15 years and a monthly interest rate of 0.74%.
Second-hand housing payment table:
2- VEHICLE CREDIT PACKAGE
A. Domestic Production Special Car Loans – Contribution
Individual / corporate customers who will purchase zero km passenger cars (including motorcycles) or commercial vehicles from contracted companies producing domestic production will be offered car loan opportunities with a monthly interest rate of 0.49% to 0.69%, depending on the agreements made with the companies.
B. Second Hand Vehicle Loan
Auto loan will be offered to retail / corporate customers who will buy second-hand passenger cars (including motorcycles) or commercial vehicles with an interest rate of 0.82%. Maximum limit of 6 months and a maximum of 60 months with a maturity of maximum 60 months will be 150 thousand TL in second hand passenger car and commercial vehicle loans.
The loan amount will be calculated over the own funds / equity / foreign resources and vehicles up to 7 years old will be credited.
3- SOCIAL LIFE SUPPORT CREDIT PACKAGE
A. Company Contribution Consumer Loan
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 that produce domestically, and a minimum of 3,000 TL, a maximum of 30,000 TL of credit will be offered, with a 6-month grace period, a maximum 60-month maturity and a monthly interest rate of 0.55%. The contracted companies will be published on the banks’ website.
B. Postpaid Consumer Loan
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;
A minimum of 3.000 TL, a maximum of 30.000 TL loan amount will be offered for financing with a monthly interest rate of 0.82% with a maturity of 6 months without payment and a maximum of 60 months.
4- HOLIDAY SUPPORT CREDIT PACKAGE
A. Holiday Support Consumer Loan
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 the purchase of holiday packages to travel agencies that will make agreements with public banks will be offered financing under favorable terms with a 6-month grace period of up to 10,000 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 9 months. In this context, the interest rate of the loan to be used by customers corresponds to 0.67% monthly.
B. Holiday Support Credit Card Application
With the agreements to be made with travel agencies, citizens will be able to purchase their holiday packages, 3-month payment with credit cards, and 15-month payment, and a total of 18 months in advance, without interest. The companies that have signed a merchant campaign agreement will be published on the banks’ website.
WHEN CAN I APPLY?
Housing loan applications can be made from 2 June, applications for Vehicle Loan Package will be made from 5 June, Social Life Support Loan Package applications can be made from 5 branches in public banks. The application date and channel of the Holiday Support Credit Package will be announced later this week.
