Requirements to the customer
• Azerbaijan citizenship
• Minimum age for the loan is determined as 22 years.
• Closing date of the loan must not exceed the retirement age of the loaner.
Loan Amount
• Amount of the loan can be maximum 70 % of liquid value of the property
• The loan is allocated to purchase a property in Turkey.
Collateral
• Real estate what is bought through mortgage loan should be placed as collateral to the Bank. (additional documents can be required)
Term 60 month
Payment Terms Monthly Annuity
FİFD: min 12.95%
Note
• In the process of buying a house, our bank assists the client in the valuation of the house and other mortgage operations through the companies we have contracted, and in the implementation of insurance operations we assist customer through the "Turkiye Sigorta".
• 30% initial payment and main amount must to be paid by the buyer to the seller's account with the Turkish Ziraat Bank after the real estate collateral process is completed.
• Expertise, mortgage and insurance costs are paid by the loan customer.
When you take out "Evin Ziraat Bankdan", we recommend obtaining life insurance to protect your family from debt in the event of an accident or illness (death or loss of working capacity).
Brief information about the borrower's life insurance:
This type of insurance is applied to individuals as voluntary insurance against the borrower's death or loss of working ability. The insurance coverage provided under this type may vary depending on the conditions applied by the insurer chosen by the borrower.
If the insurance contract is valid and an insured event occurs (death or loss of working capacity of the individual), the insurer pays the loan balance to the bank within the conditions specified in the insurance contract.
To review the insurance terms and conditions, please follow the link: https://e-qanun.az/framework/56958