Promulgation of 800 million tomans loan circular for housing purchase – Tejaratnews

In a circular to Maskan Bank, the central bank notified the increase of the ceiling for the construction and purchase of residential units from the place of the certificate of pre-emption for the use of housing facilities and the ceiling for the housing repair facility.

According to Tejarat News, it is stated in this circular, in the 1361st meeting of the 30th June of the current year, the Money and Credit Council proposed and decided:

A: In order to increase the coverage of housing purchase costs, the ceiling of housing construction and purchase facilities should be increased from the location of the certificate of priority right to use housing facilities as described in the following table.

B: The ceiling of Jaala housing facility from the certificate of priority right to use the housing facility should be increased to the amount of 1600 million rials in proportion to the changes in construction costs during the years 1400 and 1401.

In addition, in order to help the applicants, it is necessary to provide the possibility of repaying the installments of the said facility in a staggered manner according to the applicant’s request. Therefore, the situation should be communicated to the relevant executive units

Source: Online citizenship

Report for more information 800 million tomans loan for housing construction; From promise to execution read the