What are the current personal, mortgage and auto loan interest rates from banks in July 2020? How large are the rate reductions among banks? After public banks launched one of the lowest-rate loan support packages in the Republic’s history, both home and car sales surged. That campaign increased public interest in the latest loan interest rates. Citizens want up-to-date information about banks’ personal, vehicle and mortgage loan rates.
What Are Banks’ Current Interest Rates?
According to the latest updates, searches for loan interest rates have increased following the Central Bank of the Republic of Turkey’s policy rate decision and the rollout of the loan support package. People planning to borrow continue to compare which bank offers what rates. Borrowers widely research rates to find the most suitable option for their needs. Experts say another round of rate cuts could begin in the coming period. Based on available information, below are the banks, the loan types and the interest rates they are offering.
Ziraat Bank July 2020 Mortgage and Auto Loan Rates
- New Home Mortgage Rate: 0.64%
- Second-hand Home Mortgage Rate: 0.74%
- New Vehicle Loan Rate: 0.49% – 0.69%
- Second-hand Vehicle Loan Rate: 0.82%
Halkbank July 2020 Mortgage, Auto and Personal Loan Rates
- New Home Mortgage Rate: 0.64%
- Second-hand Home Mortgage Rate: 0.74%
- New Vehicle Loan Rate: 0.49% – 0.69%
- Second-hand Vehicle Loan Rate: 0.82%
- Personal Loan Rate: 1.07%
Vakıfbank July 2020 Mortgage and Auto Loan Rates
- New Home Mortgage Rate: 0.64%
- Second-hand Home Mortgage Rate: 0.74%
- New Vehicle Loan Rate: 0.49% – 0.69%
- Second-hand Vehicle Loan Rate: 0.82%
TEB July 2020 Personal, Mortgage and Vehicle Loan Rates
- Personal Loan Rate: 0.89%
- Mortgage Rate: 1.10%
- Vehicle Loan Rate: 0.90%
Akbank July 2020 Personal and Vehicle Loan Rates
- Direct Loan Rate: 1.49%
- Personal Loan Rate: 1.45%
- Vehicle Loan Rate: 1.10%
Garanti Bank July 2020 Personal, Mortgage and Vehicle Loan Rates
- Personal Loan Rate: 0.99%
- Mortgage Rate: 0.91%
- Vehicle Loan Rate: 1.14%
Yapı Kredi July 2020 Personal, Mortgage and Vehicle Loan Rates
- Individual Personal Loan: 1.54%
- Mortgage Rate: 0.89%
- Vehicle Loan Rate: 0.89%
QNB Finansbank July 2020 Personal, Mortgage and Vehicle Loan Rates
- Personal Loan Rate: 0.89%
- Mortgage Rate: 1.18%
- Vehicle Loan Rate: 1.45%
Denizbank July 2020 Personal, Mortgage and Vehicle Loan Rates
- Personal Loan Rate: 1.24%
- Mortgage (Mortgage) Rate: 1.09%
- Vehicle Loan Rate: 1.16%
İş Bankası July 2020 Personal, Mortgage and Vehicle Loan Rates
- Personal Loan (With Insurance) Rate: 0.89%
- Home Loan Rate: 0.87%
- Vehicle Loan Rate: 0.87%