Purpose:

The purchase, construction, extension, repair or improvement of the main residence located at the area of the agricultural activity.

Whom it concerns:

This loan addresses to all individuals who are exclusively or mainly occupied in the agricultural sector

Benefits:

0,25% interest rate reduction for three successive three-year periods, on condition that you:

·         Keep an ATEbank deposit account, where the agricultural subsidies are being credited

·         Cooperate with ATE Group’s subsidiaries companies, for example you have a life insurance programme at AGROTIKI ASFALISTIKI (except car insurance)

·         Have your loans at ATEbank updated

Interest rate:

Variable interest rate, 6,15% burdened with 0,12%, which refers to the contribution to the law 128/75.

In case the interest rate is partly subsidized by the Greek State, the subsidized variable interest rate vary from 1,90% to 3,65% (burdened with 0,12%), according to your family situation.

Duration:

Loan duration up to 25 years

Grace period up to 18 months, only for residence construction or completion. There is no grace period for residence purchase.

Subsidy duration:

Subsidy duration applies to half of the loan term, and is no longer than 10 years.