Low interest loan debts of producers and growers in a state of emergency postponed for 1 year

Due to earthquakes; Low-interest loan debts of producers of natural and legal persons in Adana, Adıyaman, Diyarbakır, Elazığ, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Osmaniye and Şanlıurfa provinces and districts were postponed for 1 year.

According to the decision of the President published in the Official Gazette today, in said provinces and districts; Low-interest loan debts with Ziraat Bank and Agricultural Credit Cooperatives (TTK) of producers and breeders of natural and legal persons whose crops, crops, animal assets, business facilities, barns and greenhouses were damaged, postponed for 1 anus.

APPLY TO ZIRAAT BANK AND TTK IS REQUIRED

Postponement of loan debts of persons whose principal sum of defined loan debts within the scope of the decision is TL 250,000 or less will be carried out by Ziraat Bank and TTK ex officio.

For principal sum deferral requests above this amount, it is necessary to submit an application to Ziraat Bank and TTK, depending on the person concerned.

NO INTEREST WILL BE APPLIED

No interest will be applied to deferred farm loan debts during the deferral period.

All installments paid on investment loans will be deferred for one year, but the interest-free deferral will only apply to the first installment. In the rest of the installments, the current interest rates and discounts will continue to be applied.

For loans within this scope, the monitoring process will not start from the date of the decision of the damage assessment commission until the end of the application period, and in case of a debt deferment, until the end of the postponement period. . The decision came into effect today, effective February 6. (Reuters)