Payment of 190,000 items of marriage loan in Melli Bank of Iran

According to the financial news report, citing the public relations of Melli Bank of Iran, this bank has sent 190,926 young Iranians to the house of fortune by paying 206,113 billion Rials worth of marriage loan facilities in the last one year.

Therefore, taking into account the number of granted facilities, from the beginning of September last year to the end of August this year, an average of 530 young Iranians have started their lives together with the facilities of the National Bank of Iran.

During the first four months of this year, National Bank of Iran has paid 56,371 marriage loans with a value of more than 77,640 billion rials in order to facilitate and promote the good tradition of young people getting married.

It should be noted that the Melli Bank of Iran has paid 30% of the total marriage loan facilities to applicants in the banking network during the past year.

Now, according to the above laws, the limit of the marriage loan is 1 billion two hundred million rials for each couple this year with a 10-year repayment period and a 4% fee rate from the National Bank of Iran.

It should be noted that applicants whose marriage date is after 01/01/2017 and have not received a marriage loan yet can apply for the said loan. Each applicant will be paid only one time for marriage loan with a valid guarantor and promissory note.