Methods of getting a loan with stock guarantee / Answers to 11 questions about the smart electronic verification system
According to the economic reporter of Fars news agency, the Star system, or the “methodical and intelligent electronic verification system” has been launched to make collateral smart and electronic; The purpose of its implementation is that individuals and loan applicants can provide their shares as collateral and receive their facilities by meeting other conditions.
At the beginning of August this year, in the presence of the country’s attorney general, the minister of economy and the head of the stock exchange organization, the Star system was unveiled
According to houseworkBased on the plan of electronic stock verification, people can use the electronic stock verification to receive loans from the banking network and also other services in the judiciary without even going to the banking network.
In this ceremony, the Minister of Economy emphasized that in the near future, SIM cards, gold, cars, and other assets can be added to this system to increase a person’s credit for collateral as well as validation, in order to truly relieve people of their burdens. take
In the following and based on the information of the central depository of securities and settlement of important fundsthe most We examine the definitions and frequently asked questions in the field of stock verification and the star system.
* Important definitions in the star system
First, let’s look at some important definitions:
Pledge holder: is the person in whose favor the pledge has been made (in this process, banks)
Guarantor: refers to the owner of the securities or his representative who endorses the securities for the benefit of the guarantor (in this process, real shareholders).
Securities: It means securities deposited in the central depository company.
Smart authentication type 2: In this type of authentication, which is done electronically, all income including profit and capital increase (award or priority right) is awarded to the guarantor.
Collateral securities: are securities that are under the ownership of the guarantor and for legal or regulatory reasons are prohibited to Transaction The said securities do not exist and have been endorsed in favor of the bailee.
Verifiable securities: Assets that are not pledged with another bank, not seized, not prohibited type B, freezer Not and property non-deposit not be
* Rate of verification fees according to the number of assets
5 rials per share up to 25 million shares
4 rials per share up to 50 million shares
3 rials per share up to 75 million shares
2 rials per share up to 100 million shares
Rial 1 per share in excess of 100 million shares
(Validation fee related to the decree dated 29 Khordad 1389action securities and Stock Exchange organization)
* Frequently asked questions about the star system
1- What if a new bank requests to pledge shares from Samat Company? work must do it?
A written request should be sent under the letter to the CEO of the central depository company; People can contact the project manager for more information.
2- What conditions should a shareholder have to pledge his assets and shares?
The shareholder must Sajami be
meet the general conditions of banks (not having a bounced check, having an account with the relevant bank, etc.).
Have verifiable assets.
Have the desired application of the bank on the mobile phone and use the mobile phone named and Sajami He has to prove himself.
3- Currently, what applications are validating all securities?
application Eva Bank Melli (Bank ID/Securities Verification Service)
4- What process should the shareholder go through in the bank application?
Verification of will by entering the application
At first, the person gives the bank a sales power of attorney (if there is no commitment to bank installments).
Then the shareholder’s property is displayed and the shareholder can personally take action regarding the amount and value of the property that he wants to pledge.
Perform authorization (by SMS sent from Sajjam)
Payment of the verification fee (connection to the payment gateway)
Completing the process and receiving inquiries by the system
5- Is it possible to cancel the request and refund the confirmation fee?
No, the fee is not refundable in any way. Also, the verification operation is done completely or not.
6- What is the repayment period of the installments and when will the bank sell shares?
The rules of this matter are specified by the operating bank.
7- When is the asset released from the bail?
After the repayment of the installments, the verification of the asset will be done.
8- If the shares increase in capital at the time of the pledge or include bonus and pre-emptive rights, can the shareholder exercise his right in this time use?
Yes, the verification of the mechanisms done is of type 2 collateral, in which all the income, including the capital increase and the profit of the assembly, is given to the shareholder.
9- What is the interest rate and repayment of installments?
The terms and amount of the loan depend on the operating bank. But in general, the loan is 18% with repayment of 3-5 years, the details of which can be explained by the bank.
10- How much of the property value can be converted into the loan amount?
In general, 50% of the property value can be paid as a loan.
11- Which banks are present in the stock verification system?
national, mission and seal of Iran; There are banks that are present in the stock verification system, and real and legal applicants can apply for facilities through this method.
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