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Special conditions await retirement mortgage clients of Sberbank
Sberbank customers can take advantage of a special repayment schedule for mortgage payments after retirement. The opportunity to reduce payments is provided in connection with a decrease in pensioners' incomes.
“This opportunity allows the borrower not to limit himself in the amount or terms of the loan. The client takes the desired amount for a period that is comfortable for him and rationally distributes the financial burden based on the timing of the retirement age, ”the Sberbank press service said in a statement.
At the same time, the interest rate remains unchanged. All state and other benefits, subsidies, and programs are retained, with the exception of the Military Mortgage program. A third of Sberbank's mortgage borrowers this year have already taken advantage of the “pension pillar”.