1. Subject of the Postponement
·The client will have the next two (2) installments postponed, according to the payment schedule defined in the existing loan agreement.·During the postponement period, the client is not required to make payments of the regular installments.

2. Extension of the Loan Term
·The total loan agreement term will be extended by an additional two (2) months, proportionally to the number of postponed installments.

3. Revised Amortization (Payment Plan)
·As a result of the installment postponement, the amount of the monthly installment after the postponement period may change.
·The Bank will provide the client with the new amortization plan physically at the branch upon the client’s request.
·The client accepts the new amortization plan and is obligated, after the postponement period ends, to visit the bank to sign it if a physical signature is required.

4. Interest During the Postponement Period
Starting with the third installment after the postponement period, the client is obligated to pay:
1. The regular installment according to the new amortization plan, and
2. The interest accumulated during the two (2) postponed months.

Illustrative example: If the installment payment date was January 20, after postponing two installments, on March 20 the client will pay the regular installment according to the new plan, plus the accumulated interest for January and February.

5. Final Installments
For the final two (2) installments of the new amortization plan, no additional interest will be calculated and the client will pay only the remaining principal.

6. Acceptance of Conditions
Clients who wish to benefit from the installment postponement under the above conditions must complete the application for postponement of installment payments.