Saman Bank does not give loans / “The Central Bank stopped the payment of mortgage loans”! – Tejarat News
According to Tejarat News, with the daily increase in prices, buying a house even with Mortgage It has become a dream for many people. But throwing stones at people’s feet by banks and central bank, has become an important issue. In a situation where the cost of bonds has caused the loss of about a quarter of mortgage loans, Saman Bank says that the Central Bank is stonewalling.
Tejarat News’ follow-up of Saman Bank indicates that Saman Bank prevents the payment of loans to those who have deposits. One of Saman Bank’s plans is to pay loans to those who make deposits. In fact, people deposit more than 100 million Tomans of their money in Saman Bank in order to get a loan, hoping that they can get a home loan. But Saman Bank says that their loan payments have been stopped by the Central Bank.
The operator of one of Saman Bank’s branches told Tejarat News reporter: Central Bank has written to us that since December 24th, it has no right to pay any kind of mortgage. He also shows a paper containing a letter from the central bank. Meanwhile, there is no news about the non-payment of mortgage loans in the central bank’s announcements section.
Usually, every year in the last month of the year or finally in the last 2 months of the year, the loan payment case is closed by the banks. But this year, this happened earlier than expected. In fact, those who have blocked their money in the bank with the hope of owning a house in the inflationary conditions where the value of their property decreases every day. But now it faces closed doors. Not only these depositors are not paid loans, but also their capital does not get bank interest.
This criticism is aimed at Central Bank and Saman Bank for stopping the payment of loans to buy the most essential needs of the people. If the bank does not have the resources to pay the loan, why does it not inform its customers about this at the time of deposit?
In the last three months, the average housing price in Tehran has increased by more than 3 million tomans. In fact, the price of each residential meter has increased from 43 million 200 thousand tomans to 46 million 700 thousand tomans. This means that the house for those who were waiting for their credit score to increase in order to receive a loan, has grown by 8%.
Saman Bank even refuses to give a loan with an interest rate of 25%, because the interest rate of this loan is 18% and 7% is added for insurance, fees, etc. That is, to get a 500 million tomans mortgage from this bank, you have to deposit 150 million tomans for about 6 months. In case of receiving a loan, the installments are 14 million and 675 thousand tomans.
How much does a mortgage cost?
While Saman Bank claims that the Central Bank informed them that they do not have the right to pay mortgages, the cost of mortgage bonds has decreased slightly. After rising for about two weeks, TSE mortgage bonds have decreased in price in recent days. But it is still expensive for people to get a mortgage.
The cost of buying bonds for Mortgage Tehrani couple is about 105 million tomans. The price of each sheet of Tese Bahman 1400 in the stock market today was 110 thousand tomans. To get a loan of 480 million tomans, 960 sheets must be purchased.
In fact, out of 480 million tomans of housing loan, about 105 million tomans are the cost of bonds. Of course, the cost of property appraisal, office, etc. is also added to the cost of obtaining a loan. In the best case, couples can borrow 350 million tomans. With a mortgage, you can buy about 7 square meters of house in Tehran.