With the Central Bank’s interest rate reduction cycle, the expectation of updating for loan interest rates came to the fore.
Banks, who took steps rapidly in deposit interest rates, acted more heavily in loan interest rates. However, downward updates have begun, albeit limited to loans.
Following interest rates, interest rates in vehicle loan are in the range of 3,50-4,00. Sector officials say that although interest rates are in the trend of decline, it is still far from the desired levels.
Experts, in the second half of the year, loan interest rates can be reduced to 2 percent levels, he said.
So, as of February 7, 36 months term 400 thousand TL monthly installment and reimbursement was how much? Here is the bank bank details:
Akbank
Interest rate 3.45 %
Monthly Installment 22.597,03 TL
Total Payment 815.793 TL
WARRANTY BBVA
Interest rate 3,39 %
Monthly installment 22.362,22 TL
Total Payment 807,039 TL
