Starting in February 2022, we automatically extended the grace period and postponed the mandatory minimum payment (hereinafter referred to as the ММР) under your credit agreements.
We are now informing you that as of November 1, 2022, the Bank is resuming the application of the standard grace period specified in the tariffs and the procedure for repaying the МMP on your credit cards in accordance with the terms of the contracts.
For the Bank's Clients who incurred debts before November 1, 2022, the end of the grace period and the deadline for payment of the МMP is considered to be November 30, 2022. In the case of non-repayment of the debt in full before the end of the grace period, interest for the use of credit will be charged on the amount of the debt at the interest rate after the end of the grace period in accordance with the Bank's Tariffs from the date the debt arose and shall be paid in accordance with the terms of the contracts.
For the Bank's Clients who will incur debts after November 1, 2022 (inclusive), the grace period and the payment of OMP will apply to such debts in accordance with the Bank's Tariffs and the terms of the contracts.
Alliance Bank cares about its Clients, that's why we give you the opportunity to fully repay the loan debt by November 30, 2022. on the terms of a grace period without additional costs.
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