Foreign Currency Loan Against Turkish Lira Income

Detailed Foreign Currency Loan Installments Against Turkish Lira Income Analysis

Loan Amount
(GBP)
Loan Term
(Month)
Annual Interest Rate
(%)
Allocation Fee
(GBP)
Insurance Fee
(GBP)
Share
(GBP)
Stamp Fee
(GBP)
Installment Amount
(GBP)
Total Amount to be Refunded
(GBP)
Annual Total Cost Rate (%)
5.000,00 12 6,00 150,00 50,00 50,00 25,00 431,11 5.173,23 30,54
10.000,00 24 6,00 300,00 50,00 100,00 50,00 444,55 10.669,14 12,12
15.000,00 36 6,50 450,00 50,00 150,00 75,00 461,88 16.627,55 9,55
20.000,00 48 6,50 600,00 50,00 200,00 100,00 477,15 22.903,39 8,45
25.000,00 60 7,25 750,00 50,00 250,00 125,00 502,03 30.121,44 8,79

The annual total cost rate includes interest, allocation fee, insurance, and taxes, and is calculated based on an example term and amount. “These calculations are for informational purposes only and may vary depending on the loan amount, term, and collateral, and are not binding.” “Our bank reserves the right to make changes to the campaign features and to terminate the campaign according to market conditions.”
The allocation fee includes 3% bank and insurance transaction taxes, entry fees, share fees, and taxes on these items. A 0.5% stamp duty is charged for each loan application.
The annual cost rate is calculated assuming the consumer makes regular installment payments.

Documents Required for Loan Applications

  • For customers without a criminal record and individuals who are not our customers, a risk assessment is required.
  • Original and photocopy of ID card or passport (the same documents will be requested from the guarantor(s)),
  • An official document confirming the address, a current electricity or water bill (excluding ID card) (the same documents will be requested from the guarantor(s)),
  • Income Statement (the same documents will be requested from the guarantor(s)).

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