Article 809. Interest on loan agreement.

1. Unless otherwise provided by a law or loan agreement, the lender shall have the right to receive from the borrower interest on the loan amount in the amounts and in the manner determined by the agreement. If there is no condition in the contract on the amount of interest, their size is determined by the lender’s place of residence, and if the lender is a legal entity, the bank’s interest rate (refinancing rate) on the day of payment of the borrower of the debt amount or its corresponding part is at its location. 2. Unless otherwise agreed, interest shall be paid monthly until the day on which the loan amount is repaid. 3. The loan agreement is assumed to be interest-free, unless expressly provided otherwise in it, in cases where: the contract has been concluded between citizens for an amount not exceeding fifty times the statutory minimum wage, and is not related to the entrepreneurial activity of at least one of the parties; according to the contract, the money is not transferred to the borrower, but other things determined by generic characteristics.

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References to other articles of chapter 42. Loan and credit:
Article 807. Loan Agreement
Article 808. The form of the loan agreement.
Article 810. The obligation of the borrower to return the loan amount.
Article 811. Consequences of a breach of a loan agreement by a borrower.
Article 812. Contesting a loan agreement.
Article 813. Consequences of the loss of the collateral obligations of the borrower.
Article 814. Trust Loan.
Article 815. Bill of Exchange.
Article 816. Bond.
Article 817. State Loan Agreement.
Article 818. Novation of a debt into a loan obligation.
Article 819. Loan Agreement.
Article 820. The form of the loan agreement.
Article 821. Refusal to provide or receive a loan.
Article 822. Commodity Credit.
Article 823. Commercial Credit.