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Sber began accepting applications for loan holidays from all military personnel

MOSCOW, September 30 – Novosti. Sberbank has begun accepting preliminary applications for loan holidays from all military personnel in Russia and their families, the credit institution said in a statement.
“From September 30, 2022, Sberbank’s retail clients can submit preliminary applications for loan restructuring under the state program for military personnel,” the bank said.
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They explained that it can be used by military personnel mobilized into the Russian Armed Forces, undergoing military service or contract service, employees of the National Guard, law enforcement agencies and border guards involved in the special operation, as well as volunteers who have signed a contract for military service. In addition, family members of all the categories listed above have the right to take advantage of credit holidays.
“We have decided to start accepting applications for this program now. It is extremely important for Sberbank to support our clients in the current situation and give them confidence that there will be no difficulties with their loans during the service period. And as soon as the law comes into force, our clients, applicants will immediately be able to take advantage of credit holidays under the new conditions of the state program,” commented Kirill Tsarev , First Deputy Chairman of the Board of Sberbank .
As part of the program, military personnel will be able to receive a deferment on mortgages, consumer loans, credit cards for the entire service life and an additional 30 days after its end. The program is valid until December 31, 2023.
It is noted that the program also applies to individual entrepreneurs who have taken a retail loan. For other categories of citizens who have taken a loan for business development and mobilized, Sberbank has its own restructuring program.
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