The general purpose loan maturities have been extended to a maximum of 4 years with a decision taken by the Banking Regulation and Supervision Agency. However, due to the various advantages and more favorable repayment terms, the type of credit that consumers frequently prefer is a 36-month term loan.
In line with this demand, a 3-year payment plan can be prepared for customers to provide the required amount of credit according to the consumer’s suitability. However, in order for the consumer to use the loan, he / she has to meet the requirements of the consumer loan and prepare the required documents according to the working policy of the bank.
36 Month Term Loan Application Requirements and Required Documents
In order to meet your cash needs by installments with a maturity of 36 months, you can apply for banks’ 36-month maturity loan products. Although the disbursement policy of each bank is different for this product, we have listed the documents that you may be required to apply for.
Photocopy of population wallet, retirement monthly information for public, private sector and retired customers, SSI service breakdown and e-payroll documents, company signature circular, photocopy of last tax plate for self-employed persons, photocopy of lease contract and title deed for those with rental income the original invoice issued on behalf of the customer of one of the services requiring subscription, or a residence permit issued before a certain period of time.
For individual loans, several of these documents or other required documents requested by the branch authorities may be requested by you.
36 Month Term Loan Properties
Almost every bank operating in our country provides 36-month term loans . It will be in favor of the consumer to analyze the interest rates, repayment amounts and other fees they apply when evaluating these banks.
The general characteristics of general purpose loans are that the consumer can use this product in all matters that need money, provide long-term repayment, offer quarterly installments for those who receive their salaries quarterly , and apply different interest rates according to the number of maturities.
Banks with 36-Month Term Loan
In order to be against the consumer, it is necessary to investigate in detail the banks that provide consumer loans. The bank with which the most appropriate interest rates and the most appropriate payment terms are offered should be analyzed well. We have searched the financial institutions which have the most favorable conditions among the 36-term consumer loans .