Vehicle allowance for people with reduced mobility, blind people and pensioners

You can apply for a loan to purchase a car if you have a motor impairment assessment from TR and you receive:

• disability pension or disability allowance,

• old-age pension,

• child support payments for a child with reduced mobility.

Lower loan:

You can get a lower loan if you:

• have a motion-deficit assessment at TR,

and

• receive pension payments from TR.

The amount of the lower loan is 180.000 ISK.

Higher loan:

You can get a higher loan if you:

• have a functional disability assessment in TR

and

• use two crutches or a wheelchair routinely.

The amount of the higher loan is 340.000 ISK.

Bonds, interest and maturity

TR will prepare a bond and send you a signature that you will return.

The loan bears the average interest rate of non-indexed bonds. They are for 3 years and are repaid with a balanced monthly payment, which is deducted from TR payments.