Dear Client!

Please note that the legislation* on the loan repayment moratorium has been amended by the legislator.

The moratorium has been extended for all eligible clients until 31October 2021, upon the condition that that only those are entitled to remain in the payment moratorium whose credit was also covered by the moratorium in September. However, after that date, i.e. from 1 November, only clients in priority social groups will be able to benefit from the moratorium until 30June 2022 the latest who requested this option.

Between 1 November 2021 and 30 June 2022, the moratorium is open to those private individuals who

·        receive an old-age pension or a survivors' pension,

·        maintain a biological or an adopted child under the age of 25,

·        maintain a biological or adopted disabled child under the age of 25,

·        are expecting a child and have passed the 12^th week of pregnancy,

·        are jobseekers,

·        are public employees, and

·        whose household income has decreased permanently after 18 March 2020.

If, based on the conditions referred to above, you are entitled to a further extension of the repayment moratorium and you wish to continue to benefit from it after 31 October 2021, you must notify our bank in a declaration between 1 October 2021 and 31 October 2021. After that date, a declaration to employ the moratorium will not be accepted.

You can only submit your declaration using the form stipulated by law:

in person in our branches by filling out the Declaration on the use of the payment moratorium form. 

If your loan is currently covered by the moratorium, it will automatically remain so according to the applicable law until 31 October 2021.(Unless you notify our bank about your intent to repay your loan).

The moratorium will expire on 31 October 2021 for those who are not eligible for the extension or do not wish to continue from 1 November 2021,i.e. do not apply for the extension. In these cases you have nothing else to do but to continue repaying your loan with the instalment due in November 2021.

You can withdraw from the moratorium at any time by filling out the “Declaration on notification about repayment under the original contractual terms” form to be submitted to our bank. If you opt out of the moratorium, you will not be able to reverse this decision later.

1 October, 2021

Yours sincerely,

UniCredit Jelzálogbank Zrt.

You may find information on the regulation valid till 31 December 2020 on this link.