The Cabinet approved the maximum size of loans for cases on the vacation

For consumer loans to individuals – it is 250 thousand rubles, individual entrepreneurs – 300 thousand.

Photo: Sergey Fadeichev/TASS Sberbank explained the rules of granting of credit vacation

the maximum size of the loan secured car is 600 thousand rubles, and loans issued for business activities, and the obligations under which are secured by mortgage of 1.5 million.

According to the law, borrowers have the right to “credit vacation” for a period of up to six months if their income for the previous month decreased by 30 percent compared to the average monthly income in the previous year. A statement in the Bank can be accessed at any time not later than September 30, 2020.