The circular for loan facilities for marriage was announced in 1402
According to Iran Economist From the central bank, based on paragraph (a) note (16) of the budget law of the year 1402 of the whole country and part (1) of the mentioned legal clause: “In accordance with the law on the protection of the family and the youth of the population and the laws related to martyrs, from the place of deposits Qarz al-Hasna, both current and savings of the banking network (except for Qarz al-Hasna banks), after deducting the legal deposit, are allocated to Qarz al-Hasna and through the operating banks (at the discretion of the Money and Credit Council) as follows for the payment of Qarz al-Hasna facilities. take action:
Loan facilities for marriage (the subject of Article 68 of the Family and Youth Protection Law)
1- Marriage loan facility for each of the couples whose marriage date was after 01/01/2018 in the amount of one billion and 800 million Rials with a repayment period of 10 years
2- Marriage loan facilities for couples under the age of 25 and wives under the age of 23 in the amount of 2 billion and 200 million Rials
– The central bank, banks and non-bank credit institutions, managers and related employees are responsible for the good implementation of this clause. Non-implementation of any of the clauses of this note (including delay in payment of these facilities or receipt of guarantee beyond the limits of this law) is considered a violation and can be pursued in the competent authorities.
– After the validation of the applicants for the facility referred to in paragraph “a” of this note and in the event of their lack of credit, in order to provide the guarantor, banks and non-bank credit institutions are required to validate the subsidy account or equity shares of the applicants or their first-degree relatives from the first class or his other financial assets or only receiving a promissory note and a guarantor to pay the facility.
– The facilities that are the subject of this note are excluded from the ruling of Article (10) of the Public Service Law.
Also, according to the provisions of Article (50) of the comprehensive law on providing services to veterans, the people listed in the said law are eligible to receive marriage loan twice as much as ordinary people.
Based on this, the quota considered for the payment of Qarz-ul-Hasna marriage loan facilities will be sent to banks and credit institutions during April and May of the current year. Obviously, after the finalization of the annual quota for the payment of the said facility, the situation will be announced to the banks and credit institutions.
It should be noted that the applicants who have previously registered in the relevant system are given priority to pay the mentioned facilities, and the said facilities, according to the conditions of the applicant, are for all people in the queue (registered in 1402 and previous years) according to the listed amounts. In the budget law of 1402, the whole country will be paid.
At the end of this circular, it is emphasized that, in view of the above, an arrangement should be made so that within one week from the date of receipt of this letter, the matter will be communicated to the relevant executive units throughout the country and a copy of the relevant notification will be sent to the Central Bank.