As reported by Ukrinform, this was reported in Telegram by the press service of the Ministry of Economy.

“The new state program eOselya, which provides affordable loans for Ukrainians, has started working in the Diya portal in test mode,” the message said. “Work on technical improvement continues.”

The Ministry of Economy states that “yeOselya” is an opportunity for Ukrainians to buy a house with a minimum down payment of 20% and a loan of up to 20 years on favorable terms. The mass launch of the program will take place in the second half of October. Then the service is available in the Diya mobile app and it will be possible to submit an application in a few clicks.

Currently, five banks are integrated into the program: Oschadbank, PrivatBank, Ukrgasbank, Sky Bank and Globus Bank. They are ready to start issuing the first loans.

This year, representatives of the following social categories will be able to participate in the program: military and law enforcement officers, doctors, educational workers and scientists.

The Ministry of Economy emphasizes that as of the beginning of 2023, all citizens who meet the specified criteria can apply for “eOsel”.

As reported, the affordable mortgage program for military personnel, law enforcement, doctors, and teachers will begin Oct. The program allows the purchase of housing with a minimum down payment of 20% and the issuance of loans for a period of up to 20 years. The interest rate will be 3% and will remain constant throughout the term of the loan.