New conditions for youth housing savings account facilities announced

As a specialized bank in the field of housing financing; Since 1379, he has designed and implemented a special account called Youth Housing Savings Account with the aim of completing the facility portfolio of the housing sector and encouraging young people to save and financially strengthen various groups.

These facilities have been updated year by year according to the economic conditions of the country, and therefore the youth housing savings account as an auxiliary facility for young people to become homeowners has been accompanied by changes in the new year.

According to this report, the ceiling of facilities granted to the openers of youth housing savings accounts in 1401 after 15 years in Tehran is 20 billion Rials, in provincial centers and cities with a population of more than 200,000 people, 17 billion Rials and in other areas 14 billion Rials has been determined.

Also, the ceiling of youth housing savings account facilities for starters in 1401 after 5 years in Tehran, provincial capitals and cities with a population of more than 200,000 and other areas has been set at eight, seven and six billion rials, respectively.

According to the new changes made, the minimum amount of opening a youth housing savings account in 1401; In all geographical areas, it has increased from 2 million Rials to 4 million Rials.

According to the report, the geographical areas for opening youth housing savings accounts this year, as well as accounts that were opened last year and have not used these facilities so far, are based on the geographical base of “Tehran”, “provincial centers and cities with a population of more than 200,000.” And “other areas” are categorized that according to this rule, the facility ceiling of this account will be the same in all provincial centers and cities with a population of more than 200,000 (except in Tehran).