Secured Personal Loan

Personal loans can be secured either by a pledge or deposit in account or by Land/Property plus personal guarantee/indemnity. Each of them is subject to different conditions and procedures and priced case by case. 

In this type of secured loan, we put our charge/blockage on the Deposits, and it should remain as long as the Loan is active. The blockage amount should be as the same amount as the Loan amount or higher which is to be determined before the allocation according to the specific conditions of the Bank’s Offer.

In this type of secured loan, we accept the pledge on a valuable Property and the loan assessment is done also by considering the value of the Property. To determine the value of the property a survey needs to be conducted by a Certified Surveyor.

Thanks to the Isbank organization, we can accept the pledge on the properties placed in Turkey as the security. Please note that, we can only provide a loan amount of up to 50% of the valuation figure which is valued in Turkish Lira. If the property is in the UK, our loan to value can be increased up to 75%. Our interest rates will be determined in line with the affordability of the loan as well as with your credibility and internal credit scoring. The assessment process usually takes 15 working days.