New era in debt restructuring: Installment amounts from 50,000 TL to 500,000 TL have been announced!

The Banking Regulation and Supervision Agency (BRSA) has taken an important step toward easing the debt burden of citizens. With the new regulation, the opportunity for installment plans of up to 48 months has been granted for overdue credit card, personal loan, and overdraft account (KMH) debts. Following this development, many people have begun searching for the answer to the question, "How much will the installment amounts be?"

According to the BRSA's decision, the maximum interest rate for restructurings has been announced as 3.11 percent. However, when legal deductions such as the Resource Utilization Support Fund (KKDF) and the Banking and Insurance Transaction Tax (BSMV) are added to this rate, the total monthly cost rises to the 4.043 percent level. The payment tables prepared in line with these rates serve as a guide for citizens who want to restructure their credit debts.

As reported by CNBC-e, the deadline for applications has been set for October 10. The restructuring opportunity covers overdue debts up to the date the regulation was published. This means that any new delays occurring after this date will remain outside the scope of the restructuring.

Banks are currently preparing their systems in line with this new regulation. It is expected that clearer information will be provided by banks to citizens who wish to restructure their debts within a few days.

Here are the monthly payment plans according to loan amounts:

RESTRUCTURING PLAN FOR 50,000 TL

12 Months: 5,341 TL per month – Total 64,092 TL

24 Months: 3,294 TL per month – Total 79,056 TL

36 Months: 2,660 TL per month – Total 95,760 TL

48 Months: 2,376 TL per month – Total 114,048 TL

RESTRUCTURING PLAN FOR 100,000 TL

12 Months: 10,682 TL per month – Total 128,184 TL

24 Months: 6,588 TL per month – Total 158,102 TL

36 Months: 5,320 TL per month – Total 191,520 TL

48 Months: 4,752 TL per month – Total 228,096 TL

RESTRUCTURING PLAN FOR 150,000 TL

12 Months: 16,023 TL per month – Total 192,276 TL

24 Months: 9,881 TL per month – Total 237,154 TL

36 Months: 7,980 TL per month – Total 287,291 TL

48 Months: 7,128 TL per month – Total 342,146 TL

RESTRUCTURING PLAN FOR 200,000 TL

12 Months: 21,364 TL per month – Total 256,364 TL

24 Months: 13,175 TL per month – Total 316,204 TL

36 Months: 10,641 TL per month – Total 383,058 TL

48 Months: 9,504 TL per month – Total 456,192 TL

RESTRUCTURING PLAN FOR 250,000 TL

12 Months: 26,705 TL per month – Total 320,454 TL

24 Months: 16,469 TL per month – Total 395,256 TL

36 Months: 13,301 TL per month – Total 478,820 TL

48 Months: 11,880 TL per month – Total 570,240 TL

RESTRUCTURING PLAN FOR 300,000 TL

12 Months: 32,045 TL per month – Total 384,546 TL

24 Months: 19,763 TL per month – Total 474,306 TL

36 Months: 15,961 TL per month – Total 574,584 TL

48 Months: 14,256 TL per month – Total 684,291 TL

RESTRUCTURING PLAN FOR 350,000 TL

12 Months: 37,386 TL per month – Total 448,632 TL

24 Months: 23,057 TL per month – Total 553,357 TL

36 Months: 18,621 TL per month – Total 670,349 TL

48 Months: 16,632 TL per month – Total 798,341 TL

RESTRUCTURING PLAN FOR 400,000 TL

12 Months: 42,727 TL per month – Total 512,727 TL

24 Months: 26,350 TL per month – Total 632,408 TL

36 Months: 21,281 TL per month – Total 766,112 TL

48 Months: 19,008 TL per month – Total 912,384 TL

RESTRUCTURING PLAN FOR 450,000 TL

12 Months: 48,068 TL per month – Total 576,818 TL

24 Months: 29,644 TL per month – Total 711,460 TL

36 Months: 23,941 TL per month – Total 861,876 TL

48 Months: 21,384 TL per month – Total 1,026,437 TL

RESTRUCTURING PLAN FOR 500,000 TL

12 Months: 53,409 TL per month – Total 640,908 TL

24 Months: 32,938 TL per month – Total 790,512 TL

36 Months: 26,601 TL per month – Total 957,636 TL

News Source: 12punto