Increasing the ceiling of micro-facilities to 300 million tomans
According to Iran Economist From the central bank, in a circular to the banking network, this bank announced the executive instructions for granting micro-facilities. In this circular, it is stated that, from the date of notification of this directive, banks and credit institutions are obliged to grant micro-facilities based on the conditions, credit score, Internal credit rating and credit limit of the customer in the form of installment sale contracts, lease with the condition of possession, Murabahah, Jaala and Qarzul-Hasna to pay the customer.
In this circular, it is also stated: granting facilities in the form of “Murabaha credit card” up to a maximum of three hundred million tomans (300,000,000 Rials) at the level of all credit institutions, to any qualified applicant within the framework of the relevant criteria is allowed and in The limit of micro-facilities to the applicant is considered in each institution.
In cases where the customer has already received micro-facilities from the credit institution, the basis for calculating the difference payable to him up to the limit set in this instruction is the remaining principal share of the debt balance.