Banking and insuranceEconomical

Allocation of 15 thousand and 711 billion credits by Post Bank of Iran


To pay the loan facility, the marriage took place in the year: 1401

According to the Monetary Financial News, following the Circular No. 01/22803 dated 1401/01/31, the management of monetary and credit operations attached to the executive regulations (instructions) except paragraph (a) of Note (16) of the Budget Law of 1401, Post Bank of Iran In a circular amounting to 15 thousand and 711 billion rials, he announced the credit for the payment of marriage facilities to bank branches across the country.

According to the report of the General Office of Public Relations of Post Bank of Iran, the General Office of Credit of the Bank, by issuing Circular 01/37 / B dated 1401/02/18 regarding the executive regulations, instructed the payment of Qarz al-Hasna facilities in 1401 along with the quota distribution table based on the remaining share. Gharz-ul-Hasna deposits, current savings, as well as the performance of Gharz-ul-Hasna marriage facilities last year, taking into account the remaining share of these facilities, notified the management of provincial and regional branches in Tehran.
According to this directive, Post Bank branches across the country must act on the basis of the determined quota until next year.
Earlier, the Central Bank of the Islamic Republic of Iran, by issuing a circular on the payment of marriage loan facilities, provided marriage loan facilities for each of the couples whose marriage date was after 01/01/1397, one billion and 200 million rials, with The repayment period was 10 years, and banks must pay for the facility by validating the applicants and obtaining a promissory note or a valid guarantor from the applicant.

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