The monthly return on 200,000 TL has been announced: Here are the interest rates

The Central Bank of the Republic of Türkiye (CBRT) has announced the latest weekly money and banking statistics.

For the week of September 6, the average compound interest rate on 1-3 month maturity Turkish Lira deposits declined to 59.3 percent.

In the same period, consumer loans fell by 6.3 points in two months, dropping from 77.9 percent to 71.7 percent.

While the search for low-interest loans continues for those in need of financing, bank interest rates are being closely monitored. So, what are the interest rate and total repayment amount for a 200 thousand TL loan with a 12-month maturity?

CEPTE TEB Interest Rate 3.84% Monthly Installment 22,554.90 TL Total Payment 271,808.80 TL

ING Interest Rate 4.09% Monthly Installment 22,970.30 TL Total Payment 276,643.60 TL

QNB FINANS Interest Rate 4.19% Monthly Installment 23,137.51 TL Total Payment 278,800.12 TL

EN PARA Interest Rate 4.39% Monthly Installment 23,473.70 TL Total Payment 281,684.40 TL

YAPI KREDİ Interest Rate 4.39% Monthly Installment 23,473.70 TL Total Payment 282,834.40 TL

TÜRKİYE İŞ BANKASI Interest Rate 4.55% Monthly Installment 23,744.37 TL Total Payment 286,082.44 TL

AKBANK Interest Rate 4.68% Monthly Installment 23,965.39 TL Total Payment 288,734.68 TL

DENİZBANK Interest Rate 4.89% Monthly Installment 24,324.50 TL Total Payment 293,044.00 TL

GARANTI BANK Interest Rate 5.17% Monthly Installment 24,807.30 TL Total Payment 298,837.60 TL

N KOLAY Interest Rate 5.99% Monthly Installment 26,246.86 TL Total Payment 316,112.32 TL