Consumer loan interest rates have risen; what is the repayment for 150,000 TL: Here are the interest rates by bank
As citizens in need of financing continue their search for loans, data from the Central Bank of the Republic of Turkey (TCMB) shows that interest rates increased during the week of August 9. While commercial loan interest rates fell to 61 percent, consumer loan interest rates rose to 74.6 percent.
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Consumer loan interest rates hit a record high in March, exceeding 86 percent. The 12-month repayment for a 150 thousand TL consumer loan has surpassed 214 thousand TL at some banks. So, what are the interest rate and total repayment for a 150 thousand TL loan with a 12-month maturity?
Here are the interest rates and repayment amounts for 150 thousand TL, bank by bank...
Enpara.com
Interest Rate: 4.59 percent
Monthly Installment: 17,859.20 TL
Total Payment: 214,310.40 TL
QNB Finansbank
Interest Rate: 4.59 percent
Monthly Installment: 17,859.20 TL
Total Payment: 215,172.90 TL
AKBANK (3-month deferred loan)
Interest Rate: 4.62 percent
Monthly Installment: 17,897.44 TL
Total Payment: 215,631.78 TL
Garanti BBVA
Interest Rate: 4.34 percent
Monthly Installment: 17,542.07 TL
Total Payment: 211,367.34 TL
Türkiye İş Bankası
Interest Rate: 4.55 percent
Monthly Installment: 17,808.27 TL
Total Payment: 214,561.74 TL
ON (Advantageous Digital Personal Loan)
Interest Rate: 3.69 percent
Monthly Installment: 16,730.60 TL
Total Payment: 200,767.20 TL
ING
Interest Rate: 4.14 percent
Monthly Installment: 17,290.37 TL
Total Payment: 208,234.44 TL
Yapı Kredi (3-month deferred loan)
Interest Rate: 4.39 percent
Monthly Installment: 17,605.28 TL
Total Payment: 212,125.86 TL
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Denizbank
Interest Rate: 4.89 percent
Monthly Installment: 18,243.38 TL
Total Payment: 219,783.06 TL