Installment arrangement from BRSA for new and refurbished phones

Installment arrangement from BRSA for new and refurbished phones

By admin, Aralık 6, 2024








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Banking Regulation and Supervision Board (BDDK), installment phone published a new regulation regarding its sales. Credit limits have been increased for new phones, and mid-upper level models for refurbished phones. 12 installments to credit card possibility has been removed.

The limit for consumer loans has been increased for new phones

On brand new phones Installments cannot be made to individual credit cards. No changes have been made in this regard. Consumers can make installments with shopping credit. Previously, 12 installments were made for phones worth up to 12 thousand TL, and 3 installments were made for phones worth more than 12 thousand TL. With the new regulation, the limit of 12 thousand TL increased to 20 thousand TL. Phones worth up to 20 thousand TL can be purchased with a 12-month shopping credit. A limit of 3 installments will be applied to loans of models over 20 thousand TL.

Installment limitation for refurbished phones!

refurbished phone In order to support sales, 12 installments could be made for all refurbished phones with individual credit cards. BRSA has imposed a maturity limit of 12 installments. After this price over 25 thousand TL to refurbished phones maximum 3 installments can be done. 12 installment options will continue for phones worth 25 thousand TL and below.

Installment limit for phones is 2024

  • The maturity limit for consumer loans for new mobile phones with a price of 20,000 TL or less has been determined as 12 months, and for loans for mobile phones with a price over 20,000 TL, the maturity limit has been determined as 3 months.
  • For mobile phones that are refurbished products, the credit card maturity limit for those whose price is 25,000 TL or less is 12 months, and for those whose price is over 25,000 TL, it is 3 months.













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