LOAN TERMS:
- Maximum loan amount 100,000 EUR for public sector and 50,000€ for private sector
- Loan maturity: 60 months
- Client participation: 20%
- Administrative fee: 0%
INTEREST RATE:
BKT Salary receivers in public sector:
- Interest rate starting from 5.25%
- Effective interest rate starting from 5.38%
For all client categories with incomes in BKT:
- Interest rate starting from5.99%
- Effective interest rate starting from 6.15%
EXAMPLES AND EXPLANANTIONS:
| Auto Loan | EUR 100,000 | EUR 50,000 |
| Variable interest rate* | 5.25% | 5.99% |
| Effective Interest Rate | 5.38% | 6.15% |
| Loan maturity | 60 | 60 |
| Monthly installment | 1,899€ | 966.64€ |
| Administrative fee | 0% | 0% |
| Total loan amount to be repaid by the end of the contractual term* | 63,939.73€ | 57,998.23€ |
*Variable interest rate means the interest rate expressed as a variable percentage applied on an annual basis to the approved loan amount.
