An increase in the ceiling and the repayment period of the loan was announced

According to the monetary and financial news, quoting the public relations of the Central Bank, in a circular to increase the ceiling and the repayment period of Qarz al-Hasna facilities, the bank informed the Qarz al-Hasna Mehr banks of Iran and Resalat.

Accordingly, the ceiling of Qarz al-Hasna facilities granted to individuals will be increased by 200 million Tomans and the repayment period will be a maximum of 60 months.

Also, the ceiling of job creation facilities for small and small businesses, granted to legal entities, will be increased by 500 million Tomans and the repayment period will be a maximum of 84 months.

It is worth mentioning that the increase of the ceiling and the repayment period of Qarz al-Hasna facilities was approved by the Credit Commission of the Central Bank in March of last year.

Previously, the ceiling of Qarz al-Hasna facilities was necessary and job creation was 50 and 100 million Tomans.