"Promsvyazbank" reduced the military mortgage rate. Previously, it ranged from 9 to 9.3 %, now the rate set by the program is fixed at 8.9 % annually.

Besides, the bank raised the maximum loan term from 20 to 25 years.

Other conditions under the program have remained the same. The minimum initial contribution of the borrower is 10% of the value of the apartment.

The loan amount is from 500 thousand to 2.5 million rubles.

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