New news about rural housing loan/loan limit will be increased

According to Tejarat News, based on the letter written by the president to the head of the Program and Budget Organization, this organization agreed to increase the ceiling of rural housing facilities from 100 to 200 million tomans.

Quoted from ISNAAfter many struggles and despite the heavy financial burden of paying cash subsidies to the government, according to the order of the president, the payment of 200 million tomans facilities for the construction of rural housing will start from Saturday.

In a letter addressed to the head of the Planning and Budget Organization, President Ebrahim Raisi requested the assistance of this organization by proposing to increase the ceiling of rural housing loans. In response to the President’s order, the budget organization agreed to increase the ceiling of rural housing facilities despite the government’s plan to prevent any inflationary budget pressure.

According to the announcement of the Islamic Revolution Housing Foundation, from Saturday, August 8, with the official notification of the central bank to all operating banks, the loan amount for the renovation and improvement of rural residential units will be increased from 100 to 200 million tomans, and the process of receiving new loans across the country for applicants will begin. will be

Akbar Nikzad, head of the Islamic Revolution Housing Foundation, on behalf of the country’s rural community, thanked the president and the head of the program and budget organization for the facilitation of rural development projects.

Nikzad had already said that the central bank is ready to pay the rural housing loan as soon as it receives the guarantee for the difference of 13% of interest in the facility. It is heard that soon the guarantee will be issued by the Program and Budget Organization.