Alpha Bank now presents the new “ Payment Adjustment Plan ” which allows you to determine your loan installment at any time, at no cost and just how it suits you!
By choosing from a variety of payment options for your housing loan, you can now adjust your monthly budget according to your current financial capabilities and income changes.
If you are going through a period of increased responsibilities or reduced earnings that cause you temporary financial strain, you have the option to:
- Decrease the amount of your installment by up to 50%, or
- Choose to pay only the interest amount corresponding to your balance!
If you are experiencing a temporary increase in your income and you can afford a higher payment towards your housing loan, you can request an increase in your installment up to 100% or double the current installment amount!
The payment adjustment options can apply for a maximum period of up to twenty four (24) continuous months during the life of the loan.
For more information visit any Alpha Bank branch to discuss the solution that suits you best!
For more information regarding interest rates, any other charges and the Annual Percentage Rate (A.P.R.), using a representative example, please click here.