Subsidized loan allows customers with permanent registration in rural areas (rural areas) aged from 23 to 65 years old to cash in the amount of 250 thousand rubles (the far Eastern Federal district and Leningrad region – up to 300 thousand rubles) for up to 60 months. Interest rate of 3% per annum applies for personal insurance.
On credit village residents may purchase and install equipment to ensure their farms electricity and water supply, drainage, heating and gas supply under contracts concluded with the organisations-executors of works. The terms of a loan will repair apartment houses (premises) on contract.
Loan repayment possibly differentiated or annuity payments. If the client wishes can be full or partial early repayment without commissions.
"Development of rural territories is a key task of the Russian agricultural Bank. Favorable loan product, created thanks to government support, enables the villagers to improve their homes and improve living conditions. As a reference Bank for farmers, we will continue to develop and improve credit products, which will reduce the financial burden on farmers," – said the head of retail business development and remote service of JSC "Rosselkhozbank" Yulia Demenyuk.
JSC "Rosselhozbank" is the basis of national credit and financial service system of agroindustrial complex of Russia. The Bank was founded in 2000 and today is a key lender to the agriculture of the country, is among the largest and most stable banks in the country in terms of assets and capital, as well as the leaders of a reliability rating of the largest Russian banks.
Translated by service "Yandex.Translation"