The Banking Regulation and Supervision Agency (BDDK) has updated the credit limits for domestic electric vehicles. Accordingly, for electric vehicles with a price of up to 900 thousand liras, 70 percent of the loan will be given with a 48-month maturity. Here is the number of credit limits and terms according to the price of domestic electric vehicles…
The Banking Regulation and Supervision Agency (BDDK) made a special loan arrangement for electric motor vehicles produced by local manufacturers.
According to the statement made on the BRSA's website, the lower limits for credit usage amounts for domestic electric vehicles have been increased.
Accordingly, up to 900 percent of the electric vehicle prices with a final invoice value of 70 thousand liras and below can be used in 48-month terms.
A 900-month loan facility will be offered for 1 percent of electric vehicles between 800 thousand liras and 50 million 36 thousand liras.
On the other hand, up to 1 percent of electric vehicles between 800 million 2 thousand liras and 200 million 30 thousand liras can be borrowed with a term of 24 months.
Up to 2 percent of electric vehicles between 200 million 2 thousand liras and 800 million 20 thousand liras will be given loans. The maturity of the loan will be 12 months.
In addition, loans cannot be used for vehicles over 2 million 800 thousand liras.