Starting October 1, 2026, some clients of Belagroprombank will pay lower interest on previously issued housing loans. The reduction will be automatic: there will be no need to contact the bank, submit an application, or sign an additional agreement, MYFIN reports.

How the rates will change

The new terms apply to loan agreements that are in effect as of October 1, 2026, with rates above 15.5% per annum:

the rate not tied to the refinancing rate will be reduced to 15.5% per annum;

the rate tied to the refinancing rate will be calculated according to the formula “refinancing rate + 6.25 percentage points” (the loan rate will continue to change as the refinancing rate changes).

Which loans are subject to the reduction

The changes apply to loans for the construction and purchase of housing, acquisition of housing bonds, refinancing of housing loans, and restructuring of loans previously issued for the construction and purchase of housing in foreign currency.

The reduction does not apply to loans for the acquisition of non‑residential real estate. It also will not affect contracts for the construction and purchase of housing that simultaneously provide for a term of up to 30 years and payment of interest in equal installments.

What will happen with the grace period

Until the grace period ends, the client will continue to use the current reduced rate. After it ends, the base rate with the reduction applied will be used, provided the contract meets its conditions.

When will the savings appear

The new rates will take effect from October 1, so the reduction will be reflected in the interest accrued for October. The amount of savings is individual — it depends on the previous rate under the contract and the outstanding balance.

The bank will implement all changes on its own. To find out whether a specific contract is subject to the reduction and what the rate will be, you can visit a Belagroprombank branch.