Default Interest Rate for Late Payments and Minimum Compensation Amount in Accordance with Article 1530 of TCC
DEFAULT INTEREST RATE FOR LATE PAYMENTS IN DELIVERY OF GOODS AND PROVISION OF SERVICES AND THE MINIMUM COMPENSATION AMOUNT FOR RECOVERY COST IN ACCORDANCE WITH ARTICLE 1530 OF THE TURKISH COMMERCIAL CODE
| Date | Default Interest Rate for Late Payments in Delivery of Goods and Provision of Services (%) |
The Minimum Compensation Amount for Recovery Cost (TL) |
| 01.01.2013 | 15,00 | 95,00 |
| 01.01.2014 | 12,75 | 120,00 |
| 01.01.2015 | 11,50 | 120,00 |
| 01.01.2016 | 11,50 | 130,00 |
| 01.01.2017 | 10,75 | 150,00 |
| 01.01.2018 | 10,75 | 185,00 |
| 01.01.2019 | 21,25 | 245,00 |
| 01.01.2020 | 15,00 | 260,00 |
| 01.01.2021 | 18,25 | 385,00 |
| 01.01.2022 | 17,25 | 555,00 |
| 01.01.2023 | 11,75 | 800,00 |