29 thousand billion tomans of marriage loans were paid in the first 3 months of this year

According to the report of Iran Economist, citing the public relations of the Central Bank, Mehdi Sahabi stated: the statistics of the payment of marriage facilities, which was 19 thousand billion tomans from the beginning of this year to the date of June 20 (before the notification of the regulatory circular), with interaction, companionship, Cooperation and acceleration in the payment of facilities and obtaining a guarantor by the banking network reached the amount of 29 thousand billion Tomans on June 31.

Sahabi clarified: In this way, in the first quarter of this year, the amount of 29 thousand billion tomans of marriage loan facility has been paid, which shows an 8% growth compared to the same period last year.

He stated: With the emphasis and order of the Governor General of the Central Bank in order to speed up and facilitate the payment of marriage loan facilities, the credit department of this bank released its supervisory-credit package, which was in charge of facilitating the obtaining of guarantees and speeding up the payment, on June 20, 1402 Notified the operating banks.

The Director of Credit Department of the Central Bank added: Currently, 350,000 applicants for marriage facilities are waiting in the queue to receive loans, and according to the speed of the operating banks in paying the facilities after the notification of the said package compared to before the notification of the said package, the number of applicants in the queue Expectations are reduced.

He added: Every year, due to the fact that some applicants postpone their registration until the beginning of the following year in the last 3 months of the year, expecting an increase in the facility ceiling, at the beginning of each year, we face an increase in registration and queues, which in the year Currently, the same conditions prevail, and it is obvious that over time, the number of applicants in the queue for the mentioned facilities will decrease at a faster rate.

Therefore, the report of the Central Bank on June 20 of this year, the supervisory-credit package for facilitating and accelerating the marriage loan was communicated to the banking network, the full text of which is as follows:

Pursuant to the correspondence regarding the notification of part (1) paragraph (a) of note (16) of the annual budget law and in order to facilitate and speed up the assignment of applicants in the queue of banks and for the payment of marriage loan facilities in the relevant system and based on repeated follow-ups by the country’s authorities Regarding the payment of marriage loan facilities to the young people of the country and emphasizing the importance and priority of the said facilities and the necessity of determining the duties of the applicants in the queue to receive marriage facilities in the current year and the previous year and examining the performance of banks, “Supervisory-Credit Facilitation and Acceleration Package” It is mandatory to notify and implement the “marriage loan facility” from 20/03/1402 as follows:

1- From the date of notification of this letter until 20/06/1402, the operating bank must pay marriage facilities according to the quota notified by the central bank. The said performance will be monitored and reviewed every 14 days. In case of deviation from the payment, while considering the deviation in the evaluation index of that bank, the issue of the amount of deviation will be announced to other competent authorities.

2- No later than 15 days after the registration of the applicants, their branch should be determined by the bank.
3- After determining the branch and completing the documents, the amount of the facility should be deposited into the applicant’s account within a maximum period of 10 days.

4- Aamili Bank should expand and connect its branches to the marriage system in all cities and towns of the country.

5- In order to manage the registration of applicants and facilitate the registration, more than 7 banks in each province will be active every day by the central bank in the marriage loan facility system regardless of the monthly quota.

6- With regard to the guarantees emphasized in clause (b) of note (16) of the annual budget law, the operating bank must closely monitor the receipt of the aforementioned guarantees and provide the level of facilitation according to the bank’s emphasis.

7- By the end of this week, Aamili Bank should take action regarding the preparation of specific instructions regarding the guarantee of marriage loan facilities within the framework of the provisions of the relevant legal clause as described below, and while publishing it publicly on its website, it should also inform this management. to:

A) How to validate the applicant (using the credit score of the National Validation System or the bank’s internal validation systems and announcing the minimum acceptable score/rank) in order to receive marriage facilities without a guarantor.

b) The exact process of verifying the subsidy account or equity shares of applicants or first-degree relatives or other financial assets (except for the verification of property, which is prohibited).

8- In any case, the operating bank is not allowed to accept more than one guarantor for the payment of the marriage loan facility.
9- Aamili Bank should conduct periodical and case inspections of its branches and deal decisively with the heads of the offending branches.

10-Inspectors of the central bank, during special in-person inspections of the branches of that bank, closely monitored the review of the aforementioned process, and if any violation was observed, especially obtaining guarantees beyond the provisions of the annual budget law and the bank’s recommendations, they were dismissed. Heads of branches will take action.

11- According to the plans made by the supervision area of ​​the central bank regarding the banks that have good performance in paying micro-facilities, the amount of micro-facilities paid by them will be considered as a positive performance in the growth of the balance sheet.

12- In case of performance beyond the respective quotas by the bank branches, the said branches should be encouraged by the CEO of the bank. It is necessary for that bank to prepare the relevant incentive recipe within a week and send a copy to this management while notifying the branches of that bank.

13- Despite the fact that in the annual budget law, Iran’s Qarz al-Hasaneh Mehr and Resalat Banks are exempted from paying the marriage loan facilities, according to the agreements made, they should proceed with the full payment of the facilities to the applicants in their ranks.

14-Amil Bank should activate a method to receive public complaints to register complaints about marriage loan and other micro-facilities within a maximum of one working week. In addition, it is necessary to handle the registered complaints regarding the marriage loan facilities as a priority and send them to the complaints and demands handling department of this bank along with the weekly complaint performance report.

15- In addition to raising questions and problems, applicants for marriage facilities can contact the Central Bank through the CRM system and with the number 2706.

At the end of this circular, it is emphasized to notify the relevant executive units of banks and credit institutions as a matter of urgency, and a copy of the relevant notification should be sent to the central bank.

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