0% Interest Loan from Halkbank to Tradesmen and Craftsmen

Today’s issue of the Official Gazette is an issue that concerns millions of citizens. President’s Decision it came with According to the decision, Halkbank offers to tradesmen and craftsmen. 50% interest discount or directly zero interest will provide credit facility. Thus, the borrower will face interest rates at least at more favorable rates.

Presidential Decree, the balance of which has been presented in the previous periods and until 2022, 2023 and 2024. continuing It will apply to existing loans and new loans to be extended until 2024. Moreover, besides Turkey Turkish Republic of Northern Cyprus citizens can also benefit from this support. So who will receive a 100 percent interest rate cut and who will receive a 50 percent interest rate cut?

The sectors that can get a 100 percent interest discount loan are as follows:

According to the information in the Official Gazette in the forgotten professions working masters will be able to withdraw interest-free loans. For example, occupations such as tile and pottery making, hand weaving or copper working are practiced by very few people. They will be able to withdraw interest-free loans until 2024. However, this has some conditions. Such that the person who will use the loan must have a master certificate of at least 1 year and Certification of establishing a business in the last 1 year will be needed.

On the other hand; to keep his jobi.e. to spend on the business, buy equipment or machinery, or purchase raw materials up to 30 thousand TL Tradesmen and craftsmen who take out loans and have to pay a maximum of 2024 will also be able to benefit from a 100 percent interest discount. Tradesmen and craftsmen working in other sectors 50% off interest they can use…