Turkish Law in EnglishTÜRKİYE
Turkish Code of Obligations

Article 388: 2. Special rules on interest

Part Two: Special Obligational Relationships › Chapter Five: Loan Contracts › Division Two: Loan for Consumption

If the interest rate has not been determined in a loan for consumption contract, as a rule, the interest rate applicable to loans of that kind at the time and place of the borrowing shall apply.

Unless there is a provision to the contrary in the contract, the determined interest shall be paid annually.

It may not be agreed that interest shall be added to the principal and that interest shall again accrue on them together.

Original Turkish text

MADDE 388 · 2. Faize ilişkin özel kurallar

Tüketim ödüncü sözleşmesinde faiz oranı belirlenmemişse, kural olarak ödünç alma zamanında ve yerinde o tür ödünçlerde geçerli olan faiz oranı uygulanır.

Sözleşmede aksine bir hüküm yoksa, belirlenen faiz, yıllık olarak ödenir.

Faizin anaparaya eklenerek birlikte yeniden faiz yürütülmesi kararlaştırılamaz.

Text as of 1 October 2026 · Official source (Turkish): mevzuat.gov.tr ↗

Unofficial translation for information only. The Turkish text published in the Official Gazette is the only authoritative version. This page is not legal advice.