102 Million Turkish Lira Home Loan To Families Of Martyrs

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The regulation on the amendment of the regulation on the interest-free mortgage loans to the martyr families, the war and duty workers and widows and orphans by the Housing Development Administration was published in the Official Gazette.

According to this, the repayment of the amount of the loan which is granted by the Social Security Institution with the certificate of the right of ownership, but which can not be paid to the person who can not be pensioned, is equivalent to 1/4 of the monthly pension, which is the minimum amount of disability, Will be accepted as the initial installment.

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The installment amount will be recalculated for each period in the Administration, regardless of the date of loan application, taking into account the increase in civil servant salaries in the previous six-month period at the beginning of each six-month period (January-July) and will be borne by the borrowers on a monthly basis until the debt is exhausted.

In order to benefit from the loan, T.C. It is necessary to apply to Ziraat Bank with the document that it is entitled to be taken from Social Security Institution (General Directorate of Pension Transactions). There is no restriction for the residences to be obtained by using the Martyr Credit, it is enough that the trip was taken at most a year ago. It is possible to obtain housing in desired area and desired size with credit. The amount of the loan is increased every year by the annual rate of increase announced by the State Institute of Statistics for Turkey. The amount of the loan was determined as TL 102 million for the year 2017.

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