Armar Group Dowry Loan

ARMAR GROUP DOWRY LOAN INSTALLMENT ANALYSIS

Loan Amount
(TL)
Loan Term
(Ay)
Annual Interest Rate
(%)
Allocation Fee (TL) Stamp Fee
(TL)
Installment Amount (TL) Insurance (Annual)
(Life Credit)
(TL)
Total Amount Payable
(TL)
Annual Total Cost Rate
(%)
150.000,00  12 67,00 4.500.00 750,00 17.816,24 480,00 213.794,88 116,69
150.000,00  24 67,00 4.500.00 750,00 11.827,99 480,00 283.871,64 108,66
200.000,00  12 67,00 6.000.00 1000,00 23.754,99 640,00 285.059,84 116,69
200.000,00  24 67,00 6.000.00 1000,00 15.770,65 640,00 378.495,63 108,66

Annual total cost rate includes interest, commission fee, life insurance and taxes during a loan term and is calculated over sample term and amounts.

  • “These calculations are indicative and may vary depending on the loan amount, term, collateral and are not binding.”
  • “Limassol Turkish Cooperative Bank Ltd. has the right to make changes on the features of the campaign according to the market conditions and terminate the campaign.”
  • Commission Fee includes 3% bank and insurance taxes, entrance fees, share fees and the taxes of these. 0,5% stamp tax is collected for each loan application.
  • Annual cost rate is calculated on the assumption of regular payment for instalments by the client.

Documents Required for Loan Application

  • Risk intelligence for clients who do not have any memzuç records, ie. loan risk records table or persons who are not clients currently. 
  • Original and Copy of Identity Card or Passport (guarantor /guarantors shall provide for the same documentation)
  • An official proof of address such as current power or water bills (documentation other than ID) (guarantor /guarantors shall provide for the same documentation)
  • Proof of income (guarantor /guarantors shall provide for the same documentation)