Have the conditions of the marriage loan been determined? How much will be given?

Months later, Erdoğan made a statement on the marriage loan, which was among his election promises. After the Cabinet meeting, President Erdoğan announced that the Family and Youth Bank will launch this application as a pilot project in the earthquake region.

WHAT IS A MARRIAGE LOAN, WHAT ARE THE CONDITIONS?

President Erdoğan talked about marriage loans in his statement after the Cabinet meeting;

“We have completed our projects aimed at financially supporting young people getting married and building their marriages on stronger foundations. In the next period we will submit the bill on the Family and Youth Bank to the discretion of our Parliament. We will transfer part of the state revenues from natural gas, oil and mines here. First, we will implement pilot projects for families and youth and then scale them up. We will offer interest-free loans to newlywed couples. “We will launch this application of the Family and Youth Bank as a pilot project in the earthquake zone.”

HOW MUCH DOES MARRIAGE CREDIT COST?

The marriage loan, which was part of the election promises, is stated in the statement as follows: “Newly married couples will receive an interest-free marriage loan of 150,000 lira with a maturity of 48 months and a grace period of 2 years “