Personal Loan

We, as Burgan Bank, are offering personal loan to you with special opportunities and appropriate instalments. You may apply for our Bank’s personal loan in order to meet your needs such as education, holiday, marriage or health. You may immediately file your application for low cost personal loan alternatives offered with payment schedules fit to your budget.

Proprietary Personal Loan

While everyone is different from each other, why are all borrowers asked to pay the same loan interest rate?

Promptly come to a Burgan Bank Branch, and borrow a loan facility over an interest rate determined specifically for you.

Features

Credit prices and costs are ensured to be differentiated according to each borrower’s needs and conditions over 3 criteria:

Criterion 1: Borrower’s Past Payment Performance
Criterion 2: Number of products to be used by the Borrower in our Bank
Criterion 3: Whether the Borrower is a new or old customer of our Bank

By this system, our Bank’s standard interest rate is reduced by a rate determined by our Bank according to the then-current market conditions and meeting certain predetermined criteria.
This pricing system is valid and applicable only in personal finance loans.

In order to get detailed information thereabout, you may contact Wealth Management Portfolio Managers in our branch closest to you.

Our Bank is authorized to unilaterally change and adjust the interest rates depending on the changing market conditions.

Standard Personal Loan

Features

For solutions designed for meeting all kinds of your personal finance needs from education to health, from automatic payments to insurance payments, we are awaiting you in our branches with our Standard Personal Loan subject to an interest rate of 3.75% and with a maturity of up to 36 months.

Interest rate

Amount	Terms	Interest Rate	Installment Amount	Credit Allocation Fee*	Yearly Cost Ratio
10.000 TL	12	3,99%	1127,46 TL	50 TL	81,3464%
10.000 TL	18	3,99%	854,63 TL	50 TL	80,7837%
10.000 TL	24	3,99%	723,83 TL	50 TL	80,4963%
10.000 TL	36	3,99%	603,37 TL	50 TL	80,2106%

Interest rates given in the Table are valid for consumer credits to be borrowed by our Retail Banking customers for their personal finance needs in the amounts and maturity ranges specified therein.

Credit allocation fee is applied at a rate of 0.5% over the credit facility amount.

Rates of cost given in the Tables cover all cost items (interest, credit allocation fee, taxes and funds), except for insurance premiums. Our Bank is authorized to unilaterally change and adjust the stated terms and conditions, duration of campaign, interest rates, and service commission rates depending on the changing market conditions, and it is in the discretion of our Bank to or not to make the advantages listed above available to our customers eligible thereinfor.

The maximum loan tenure is 12 months for the amounts above 100.000 TRY, 24 months for the amounts between 50.000 TRY - 100.000 TRY and 36 months for 50.000 TRY and below.