OTP BANK increased maximum loan amount for home purchases
OTP BANK JSC has raised the lending limit for the purchase of residential property — the maximum loan amount now stands at UAH 1.9 million.
“Our customers enjoy full freedom of choice: loans may be arranged for both primary and secondary market properties. The OTP BANK “New Building” program carries no monthly fees. Applications can be submitted online or in person at a branch, and regardless of the channel chosen, customers receive a credit decision within two hours,” said Maksym Honcharuk, Project Manager, Retail Sales Department at OTP BANK.
Under the program, the customer’s down payment must start from 20% of the property value, and the effective annual interest rate may reach up to 42.79%. Financing for new housing can be arranged for up to seven years.
In addition, OTP BANK also provides loans for the purchase of modular homes. Detailed terms and conditions are available via the link.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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