"Zero Interest" Campaign For Housing

"Zero Interest" Campaign For Housing

The coronavirus, which affects the whole world, has adversely affected the real estate sector like many other sectors. Operating in the interest-free financing system based on savings, Finansevim prepared an interest-free campaign for the housing sector, which slowed down due to the epidemic.

The coronavirus, which affects the whole world, has adversely affected the real estate sector like many other sectors. Operating in the interest-free financing system based on savings, Finansevim prepared an interest-free campaign for the housing sector, which slowed down due to the epidemic. Serdar Kolo, Chairman of the Board of Kolo Holding and Finansevim, said: ''Due to the current situation in our country, there was a slowdown in housing sales. We have met the need for shelter which is the most basic needs of thousands of people with our system, which has made the middle and low-income groups own houses for years. Now, we have organized a campaign to mobilize our housing sector and builders and to ensure that our equity capital is kept in our country. In this campaign, we offered our citizens the opportunity of zero interest, 240-month installments up to 500 thousand TL."

Providing information about the campaign, Kolo said: "Our customers can participate in our campaign up to 500 thousand TL. They can extend the installment options for up to 240 months. If they want, they can keep the time shorter by paying a down payment. This depends on their own means. Moreover, in this campaign, they will not make any payment other than our participation fee, which is 15 percent in a 240-month term, and they will pay this participation fee while receiving their private houses for the campaign. When our customers, who are included in our campaign, are included in the draw, they will be able to receive their houses in the first month, maybe in the second or the following months. In our 240-month groups, our customer, whose delivery is not made in the first draws, will receive their houses in the 70th month at the latest and continue to pay.

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