Possibility to defer repayments of loan products

Postponement of installments for customer and mortgage loans

We are not indifferent to the current situation. We respond to the adoption of the Act on the deferral of mortgage and non-purpose loan repayments.

You have the option to postpone your loan repayments for 1 - 9 months. You can request a delay at any time during the duration of the pandemic, without a negative credit register entry.

In this confusing situation, we want to give you all the information you need to make a good decision.

The law is intended to protect those who have suffered most during the pandemic. However, as our client, we recommend that you consider the delay carefully.

The law stipulates that your loan will be remunerated during the deferral period. This means that it will be overpriced for interest for the grace period.

How much can your loan repayments increase in practice?

--- WJdocId-42286 ---
--- WJdocId-42287 ---

Should you even consider delaying?

A deferral is particularly worth considering if:

  • You work abroad and have lost your job as a result of a pandemic.
  • You have lost all revenue, respectively. more than half.
  • You expect to lose income for a longer period.
  • Due to a pandemic, you do not have a reserve of at least 3 months' income.
  • You take benefits (sickness/social) as income compensation and are not sufficient to cover your loan repayments.

You can apply for postponement of installments directly from your mobile application Tatra banka or Internet bankingTB as of 09. 04. 2020.

Don't have the Tatra banka mobile app or Internet bankingTB? It is also possible to request a postponement of installments via DIALOG Live or directly at the branch. In the current situation, we recommend using a digital channel to communicate with the bank.

Frequently asked questions

--- WJdocId-42327 ---
--- WJdocId-42328 ---
--- WJdocId-42329 ---
--- WJdocId-42330 ---
--- WJdocId-42331 ---
--- WJdocId-42332 ---
--- WJdocId-42333 ---

Sample application for deferral of installments of loan products - for natural persons (only available in Slovak language).

Credit cards

If you own a credit card, then in connection of installments deferral enabling of your other loans (e.g. consumer loan or mortgage) we will not block this card and you will be able to continue using.

Payments deferral does not apply to the credit card. 

Make your credit card repayment easier:
You only need to pay 5 % of the outstanding amount per month.

  • Set it up easily in the Tatra banka mobile app. Click the "Cards" section and select "Credit Cards" and click on Card Detail. Click the "More options" box, select "Automatic payment" and enter "Edit". Now just click on "Total amount owed", select "Minimum installment" and confirm.

Postponement of loan products repayments for small employers and entrepreneurs - individuals

We are not indifferent to the current situation and therefore we are responding to the adoption of the Act on the deferral of repayment of business loans.

Under the new Act no. 67/2020 Z.z. providing for a deferral of installments related to the pandemic period effective from 09/04/2020, a maximum of 9 months may be postponed by a small employer or an entrepreneur - natural person*.

If you, as our client, expect to have difficulty repaying due to a coronavirus pandemic, you can request a deferred repayment of your business loan using a simple form.

In this confusing situation, we want to give you all the information you need to make a good decision.
The law is intended to protect those who have suffered most during the pandemic. However, as our client, we recommend that you consider postponing to avoid raising interest. This is because the law stipulates that your loan will be remunerated during the deferral. This means that it will be increased by interest for the grace period.

How much can your business loan repayments increase in practice?

--- WJdocId-42306 ---

Filing an application for deferral

We want to make it as easy as possible for each of our clients to fill in and submit requests for deferred repayment. Do not hesitate to contact your relationship manager by phone, who will go through the application process with no personal visit.

If you do not have a relationship manager, please contact us via DIALOG Live at *1100 (phone number 0800 00 1100) or request a deferral by filling in the form by e-mail to business@tatrabanka.sk (email address is valid only for legal entities and entrepreneurs) ) from the contact email you provided to your bank.

You can request a delay at any time during the duration of the pandemic. This means that you can think carefully about the decision and ask for a postponement only when your financial situation inevitably requires it.

The bank has the right not to grant a deferral to the client if:

  • the client is in delay with the repayment of the given loan more than 30 days before submitting the request for deferment of repayment of the loan,
  • as of 29 February 2020, the client was in default of a loan repayment of more than 30 days of at least 100 EUR for another client loan,
  • the client was in a state of default at the date of filing the application for deferral of loan repayment according to a special regulation,
  • the application for deferment of the repayment of the loan is not duly completed; or
  • the application for deferment of the repayment of the loan does not contain the requisites according to the model given in Annex no. Of Act No. 67/2020 Coll.

Sample application for deferral of repayments of loan products - for small employers and entrepreneurs - individuals (only available in Slovak language).

Tatra banka does not charge any fee for postponing installments or change the interest rate on the loan.

Frequently asked questions

--- WJdocId-42334 ---
--- WJdocId-42335 ---
--- WJdocId-42336 ---
--- WJdocId-42337 ---
--- WJdocId-42338 ---
--- WJdocId-42339 ---
--- WJdocId-42340 ---
--- WJdocId-42341 ---
--- WJdocId-42342 ---
--- WJdocId-42343 ---
--- WJdocId-42344 ---
--- WJdocId-42345 ---
--- WJdocId-42346 ---
--- WJdocId-42347 ---
--- WJdocId-42348 ---

*The draft law aims to provide for the possibility of deferring the repayment of loans granted to consumers, natural persons - entrepreneurs and small and medium-sized enterprises that meet the definition of small and medium-sized enterprises in Annex I to Commission Regulation (EU) No 1095/2010. Regulation (EC) No 651/2014 of the Council of 17 June 2014 declaring certain categories of aid compatible with the internal market pursuant to Articles 107 and 108 of the Treaty, as amended (hereinafter referred to as 'small employer').

Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty Text with EEA relevance

SME Definition - user guide 2015

Leave us your phone number and we'll call you.

 

 

Need advice?


www.tatrabanka.sk | Dialog: *1100 | Tatra banka a.s.
https://www.tatrabanka.sk/en/personal/loans/deferral-installments/