The new Payment Adjustment Plan has been created to help you manage temporary changes in your income and allows you to adjust your monthly installment amount according to your current needs. It offers a variety of payment options for your housing loan so that you can adapt your monthly budget according to your current financial situation.
Choose the option that suits you best!
Do you face temporary financial difficulties?
You can either - decrease the amount of your installment by up to 50%, or - choose to pay only the interest of your loan
Has your income increased temporarily?
You can also increase your installment up to 100%
Do you have extra expenses during a certain month?
You can defer payment of that month’s installment and incorporate it in the remaining payments.
The “Payment Adjustment Plan is available for a limited period during your loan. If you wish to change the amount of your installment on a permanent basis, you may change the duration of your loan so as to bring the amount of your installment to a level which will suit you.
For more information, please visit your nearest Alpha Bank branch, where you can discuss the solution which matches your needs best.