Details of the conditions for receiving a 450 million housing loan

According to Tejarat News, the CEO of Maskan Bank said about the terms of payment of the 450 million tomans loan limit for the construction of National Housing Movement units: When the amount of the housing construction facility increases, if the remaining costs match the increase in the amount, the contract can be concluded and the supplement can be paid.

Quoted from ISNAMahmoud Shayan stated in the press conference of the housing sector of the Ministry of Roads and Urban Development, which was held on the occasion of the government week of 1401: Regarding the supplementary facilities for housing construction in the rural housing facilities sector, at the beginning of last year, the limit of this loan was 50 million tomans, which has increased to 100 million tomans. Increased. The banking system notified the amount with an interest rate of 5%.

In response to a question about which units are subject to the ceiling of the National Housing Movement, he said: After that, the rural housing facility was increased to 200 million, but considering that in the housing production surge law, subsidies are provided only from the National Housing Fund. The program and budget organization does not guarantee the interest rate difference.

Therefore, banks are forced to conclude an additional contract of 100 million tomans with an interest rate of 18%, as the demand for rural housing has decreased.

Shayan clarified: It is the same with other facilities in the field of housing. When we have an increase in the amount of the facility, if the remaining costs match the increase in the amount, the contract can be concluded and the match paid.

The CEO of Maskan Bank, citing an example in this context, said: If the facility contract was previously concluded with the amount of 350 million Tomans, and then the loan limit is increased to 450 million Tomans, the remaining cost of the project if it is 100 million Tomans per unit, the bank can Another 100 million tomans to sign a facility payment agreement.