Banking and insuranceEconomical

The Central Bank issued a circular granting marriage loan facilities


According to the Iran Economist, based on paragraph (a) of note (16) of the 1401 budget law of the whole country and part (1) of the mentioned legal paragraph:

The Central Bank is obliged to provide the facilities subject to this clause with the first priority through the operating banks, from the remaining 100% (100%) of Qarz al-Hasna deposits and fifty (50%) of the current Qarz al-Hasna deposits of the banking network.

Banks are also required to pay the facility based on the applicants’ credit rating, at most by taking a promissory note from the applicant or a valid guarantor. The Central Bank and the operating banks and all relevant managers and employees are responsible for the proper implementation of the provisions of this paragraph. Failure to implement or delay in payment of facilities is considered a violation and can be followed up in the competent authorities:

“Accordingly, the marriage loan facility for each of the couples whose marriage date was after 01/01/1397, one billion and two hundred million (1,200,000,000) Rials and with a ten-year repayment period. Is. Gharz al-Hasna marriage facilities for couples under twenty-five years and wives under twenty-three years is one billion and five hundred million (1,500,000,000) Rials. “All banks are required to announce the number of Qarz al-Hasna marriage facilities paid on a monthly basis and the number of people waiting to receive these facilities.”

Also, according to the provisions of Article (50) of the Comprehensive Law of Services to Veterans, the people mentioned in the mentioned law are subject to receiving twice as much marriage loan as ordinary people.

In the end, it is emphasized that an arrangement should be made by the banking network to notify the relevant executive units across the country and a copy of the relevant notification to this bank within one week from the date of receipt of this letter. The

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