In 2020 to compensate credit institutions interest on issuance of preferential mortgage rural the Ministry of agriculture has provided grants in the amount of 1 billion rubles, including more than 80% or 822,5 million roubles to Rosselkhozbank.
"A unique program of preferential agricultural mortgage naturally turned sverhsekretnoj in Russian society. It fully meets the spirit of the time, while allowing you to revive the rural areas, to create comfortable conditions for life and work convenient mortgage conditions, to attract the village youth. The Bank first became involved in the program and worked in a very intensive mode, without slowing the pace even while caused by a coronavirus economic constraints. From March to end of may Rosselkhozbank has already issued 14.9 billion rubles of credit under the program of preferential agricultural mortgage. The total volume of mortgage applications, coordinated with the Ministry of agriculture, is more than 18 billion rubles. Thus, remaining within the limit of the amount for approved applications Rosselkhozbank will issue in June. In the future, the agricultural Bank will be able to resume lending on applications for a rural mortgage after the expansion of the program and to continue implementation of this important for the country project", – said the Deputy Chairman of the Bank Oleg Ovsyanitsky.
Application for preferential agricultural mortgage in the RAB at a rate of 2.7% decent insurance may be submitted by any citizen at the age from 21 to 75 years. The amount given out for the term up to 25 years of the loan ranges from 100 thousand to 3 million rubles (for the Leningrad region and the far Eastern Federal district – 5 million roubles), the initial contribution starts from 10%.
The second tool within CRST is a preferential consumer loan for residents of rural areas. It allows the Russians at the age from 23 to 65 years old to cash in the amount of 30 thousand rubles to 250 thousand rubles (the far Eastern Federal district and Leningrad region – up to 300 thousand rubles) for a period of 6 months to 5 years. Preferential interest rate of 3% per annum applies for personal insurance.
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"