First child loan 30 million tomans

According to Iran Economist, quoted by Central Bank Public Relations According to part (2) of paragraph (a) of note (16) of the budget law of the year 1402 of the whole country: “According to the law on supporting the family and the youth of the population and the laws related to sacrificers, from the place of deposits of Qarz al-Hasna, both current and past After deducting the legal deposit, the amount of the banking network (other than Qarz al-Hasna banks) will be allocated to Qarz al-Hasna and through the operating banks (at the discretion of the Money and Credit Council), they will proceed to pay the Qarz al-Hasna facilities as follows:

Qarz al-Hasna facility for having children (the subject of Article 10 of the Family and Youth Protection Law)

For the children who were born after 1400, the loan facility for childbearing is paid as follows;

1- Three hundred million (300,000,000) Rials for the first child
2- Six hundred million (600,000,000) Rials for the second child
3- Nine hundred million (900,000,000) Rials for the third child
4- One billion two hundred million (1,200,000,000) Rials for the fourth child
5- One billion and five hundred million (1,500,000,000) rials for the fifth child and more

– The central bank, banks and non-bank credit institutions, all managers and related employees are responsible for the proper implementation of this clause. Non-implementation of any of the clauses of this note (including delay in payment of these facilities or receipt of guarantee beyond the limits of this law) is considered a violation and can be pursued in the competent authorities.

– After validating the applicants for the facility referred to in paragraph “a” of this note and in the event that their credit is not met, in order to provide the guarantor, banks and non-bank credit institutions are required to validate the subsidy account or equity shares of the applicants or their first-degree relatives from the first class or his other financial assets or only receive a promissory note and a guarantor to pay the facility.

– The facilities of this note are excluded from the ruling of Article (10) of the Public Service Law.

Based on this, according to the quota considered for the payment of Qarzul-Hasna Farzand loan facilities, relevant executive instructions will be sent to the banks during April and May of the current year.

It is obvious that after the finalization of the annual quota for the payment of the aforementioned facilities, the situation will be announced to the banks and credit institutions. It should be noted that the applicants who have already registered in the relevant system have the priority to pay the said facility and the said facility is available for all people in line (registered in 1402 and the previous year) in accordance with the amounts according to the conditions of the applicant. Included in the budget law of 1402, the whole country will be payable.

At the end of this circular, it is emphasized that an arrangement should be made so that within a maximum period of one week from the date of receipt of this circular, the issue will be communicated to the relevant executive units throughout the country and a copy of the relevant notification will be sent to the Central Bank.

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