500 thousand TL consumer loan… 12-month repayment has been announced

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Lerato Khumalo

Banks’ current consumer loan and participation financing rates have been updated.

For consumers who want to meet their cash needs of 500 thousand TL with a 12-month maturity, monthly installments start from 54 thousand TL, while the total repayment amount goes up to 737 thousand TL depending on the bank.

Here are the banks offering the most affordable interest rates and the detailed payment table…

Yapı Kredi

Interest Rate 3.89%

Total Payment 682.005,40 TL

Monthly Installment 56.594,20 TL

QNB

Interest Rate 3.59%

Total Payment 667.173,28 TL

Monthly Installment 55.358,19 TL

enpara

Interest Rate 3.79%

Total Payment 674.168,16 TL

Monthly Installment 56.180,68 TL