Russian Agricultural Bank in Tatarstan issued 800 million rubles under the rural mortgage program

83% of customers who apply are interested in acquiring or building housing in rural areas. The Tatarstan regional branch of Rosselkhozbank JSC, as part of the implementation of the Mortgage Lending Program at a Preferential Interest Rate for Citizens of the Russian Federation for the Construction (Acquisition) of Housing in Rural Areas, issued 370 loans totaling 800 million rubles. The average mortgage check amounted to 2.4 million rubles. It turned out that 83% of the clients who applied turned out to be interested in purchasing or building housing in rural areas, which belong to district centers or territories with mass development (with a population of 5 to 20 thousand people). The population is equally in demand for the purchase of residential buildings –36% of the total number of applications, as well as apartments under equity agreements (29%), sale and purchase agreements (33%). The program also includes the issuance of a consumer loan to rural residents without collateral at a reduced rate of 3% for home improvement.