Kawsar project of Cooperative Development Bank with the aim of developing Qarzul Hassane culture

According to Iran Economist, deposits and Qarz al-Hasna facilities are an important part of the Islamic banking system, and many customers expect various products in the field of Qarz al-Hasna. Therefore, the project of Qarz al-Hasna Kosar has been presented by the Cooperative Development Bank with the aim of developing the culture of Qarz al-Hasna and covering the expectations and needs of customers.
The opening of Qarz Al-Hosna Kausar account, the validation of the loan applicant (no debt to the bank or not having a bounced check and having at least one valid guarantor) are considered to be among the general conditions of the Kausar project.
Also, the terms of credit allocation in Kausar plan are considered in such a way that the applicant can choose the facility fee between zero and four percent.
If the applicant wants a zero percent fee rate for Qarz al-Hasna Kosar facility, he can receive 40% of the account opening amount after three months and repay it within 10 months. Also, after five months, the applicant can receive 58% of the account opening amount and repay it within 12 months.
If the customer wants a 2% commission rate for Qarz Al-Hasna Kosar facility, they can receive 55% of the account opening amount after three months and repay it within 9 months.
In order to benefit from Qarz Al-Hasna Koshar facility with a commission rate of three percent, the applicant can receive 62% of the account opening amount after four months and repay it within 12 months.
In addition, there are four situations to benefit from Qarz Al-Hasna Koshar loan with a fee rate of 4%: after six months, the applicant receives 110% of the account opening amount and repays it within 10 months, after five months, 70%. Receive the account opening amount from Qarzul-Hosna and repay it within 15 months, after six months, receive 70% of the account opening amount from Qarzul-Hosna and repay it within 18 months, after six months, 53% of the account opening amount. get a Qarzul-Hosna loan and repay it within 24 months.
The possibility of transferring the average for the first degree relatives (wife, child, father, mother, brother and sister) of the real account owner is one of the features of Kausar plan. This plan can be used for organizations and departments in order to transfer the savings account of their employees separately to Qarz Al-Hosna bank account (in the form of Kausar plan) or to open a Kausar plan account for them.
Cooperative companies also have the possibility to introduce members to receive Qarz Al-Hosna loan according to the conditions of the plan.