OREANDA-NEWS.  According to the Ministry of Industry and Trade, 81 banks have confirmed the participation in the program of preferential car loan. This is evidenced by the "Register of Russian credit organizations that have confirmed their intention to participate in the program of state support of preferential auto loan 2015", published on March 31st, 2015.

Recall program of preferential car loan started on April 1st, 2015 and it applies to passenger cars and light commercial vehicles of 2015 release year, the total weight not exceeding 3.5 tonnes. When you make an advance payment of not less than 20% of the cost of the car loan, the rate will be reduced by state-subsidized interest rate in amount of 2/3 of the key rate of the Bank of Russia on the date of the loan agreement. The cost of the vehicle must be up to 1 million Rubles. Term loan is up to 36 months.