Notice of completion of military service to stop accruing interest on a loan

A notice of military service can be equated to statements, but in this case, a response from a banking institution to such a notice is not required.

The document is drawn up in order to avoid misunderstandings between the banking institution and the borrower during the military service of the latter.

You can get a document in a few clicks by downloading the "Consultant" mobile application to your smartphone.

Obligation to a banking institution: what to look for?

A banking institution is obliged, after receiving a duly executed notification, to stop accruing interest until the end of military service. In case of submission of an incomplete accompanying package of documents or an incorrect presentation of the message, you can receive a response about not making a decision to stop accruing interest.

In fact, you are not released from the main obligation - the return of the funds received. However, in the event of a breach of this obligation, you will not be subject to additional fines, penalties and additional interest.

Contents of the military service report

This message over time can be considered as typical, because the basis for terminating interest accruals for military personnel does not change. Similarly, the same list of documents that need to be added to the message. These include:

Copy of the loan agreement;

Copy of the applicant's passport;

A copy of the certificate of assignment of an identification number;

A copy of the applicant's military ID (or certificate of conscription for military service);

Other documents (certificate of military service in the military unit (F-5), letter from the commander, etc.).

Other documents can be any documentary evidence of military service in a particular unit.

Sample message on military service in order to stop accruing interest on a loan

You can purchase a military service report template to stop accruing interest or a completed copy in our mobile application “Consultant”. Experienced lawyers from military law have already taken into account the subtleties of writing such a message.

You can purchase a sample message to stop accruing interest on a loan in a few simple steps:

Download the mobile application "Consultant";

After a short registration, you can find the required document in the "Documents" section;

By clicking the "Buy Template" button, you will immediately receive a link to download the document.

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