The conditions for receiving the housing facility for the third child were announced – Tejaratnews

According to Tejarat News, according to the directive issued on 28807/02 on the 12th of May of the year of the Central Bank, the loan facility for the deposit or the purchase or construction of a house (according to the household’s request) with a repayment period of up to 20 years for families without a house that started from the beginning of 2019 The amount of 2 billion Rials from the sources of savings and current deposits of the banking system was determined for the third or more child.

Housing facility payment details

The full text of the implementation instructions for deposit facilities, construction and purchase of housing for the third child is as follows.

Executive Regulations (Instructions) on how to implement Part (3) Clause “A” of Note (16) of the Budget Law of 1402 of the whole country, the facility of a good loan and deposit or the construction or purchase of housing in line with the implementation of Part (3) Clause “A” of Note (16) The budget law of 1402 of the whole country, “Executive regulations (instructions) on how to implement part (3) of paragraph “A” of note (16) of the budget law of 1402 of the whole country” which will be called “instructions” for short, as follows is compiled.

Article 1- In this instruction, the following titles are used instead of the related terms:

1-1- Central Bank: Central Bank of the Islamic Republic of Iran;

2-1- Law: Part (3) Paragraph “A” Note (16) of the 1402 Budget Law of the whole country

3-1- Operating Bank: Banks or non-banking credit institutions established by law or with the permission of the Central Bank and under the supervision of the Central Bank, and by this bank for the implementation of the provisions stipulated in Part (3) Clause “A” of the Note. 16) The budget law of the year 1402 of the whole country is determined.

4-1- Those without housing: persons who are heads of households who themselves and their dependents have no residential land or residential unit since 1/1/1384 (the date of implementation of the fourth development program law) and since 11/22/ 1357 have not used any of the government facilities or the facilities of non-governmental public institutions related to the provision of housing, including land, residential units, or subsidized facilities for the purchase or construction of residential units.

5-1- Facilities:

1-5-1- Qarz Al-Hosna loan facility or purchase or construction of housing (according to the request of the household) with a maximum repayment period of 20 years for families without housing who have had or will have a third or more children since the beginning of 2019, in the amount of 2 billion Rials From the sources of savings and current deposits of the banking system.

2-5-1- Banks are obliged to validate the applicants for the facility under Clause A of Note 16 of the annual budget law and in case of non-payment of their credit, in order to provide the guarantor, by validating the subsidy account or equity shares of the applicants or first class relatives They or his other financial assets or only receive a promissory note and a guarantor to pay the facility.

6-1- Applicant: families without housing who have a third or more child from the beginning of 2019 onwards.

1-7- The facilities are provided as approved by the Money and Credit Council with a maximum fee of 4% annually.

Article 2- The amount of the facility payable to the applicants (paragraph 6-1) who will have a third child from the beginning of 2019 onwards, with a maximum repayment period of 20 years, is two billion (2,000,000,000) Rials.

Article 3- The request to receive facilities must be submitted to the operating bank through the head of the household or his legal and judicial representative. Applicants should go to the branches of the operating banks and submit their application and submit the relevant documents to receive the mentioned facilities.

Article 4- Verification of the birth of the child of the applicants to receive the facilities subject to the law, must be done by the operating bank by considering the original birth certificate of the spouse, the child, and the birth certificate, and if necessary, make inquiries from the civil registry systems or civil registry centers of the country.

Article 5- After submitting the applicant’s application to the operating bank to benefit from the facilities of this law, the operating banks can refer to the Central Bank’s central bank’s facilities and obligations information system (SAMAT) to check the applicants’ active housing facilities and loan facilities.

Article 6- Regarding the applicant’s previous lack of benefit from government facilities and assistance related to housing, the operating banks should refer to the comprehensive system of support projects of the Ministry of Roads and Urban Development at the address Temgt.mrud.ir and on the main page in the “Ownership inquiry” section by entering the number Applicants’ national code should inquire about their status.

Article 7- The following minimum documents and documents must be obtained from the applicants to pay the mentioned facilities:

1- Deposit facility: the need to submit a rental contract with tracking code in it.

2- Purchase facility: the need to submit an affidavit with the tracking code in it and grant the facility at the same time as transferring the official document of the property to the name of the recipient of the facility.

3- Construction facilities: the need to provide a valid construction permit and documents showing ownership in cases where the facility recipient is the owner of the field, and to submit a construction participation agreement in cases where the facility recipient is not the owner of the field, and in case of validation of the applicant and completion of documents and Obtaining appropriate documents from him, the entire amount of the facility will be paid to the applicant in one step.

Note: In order to prevent the applicants from receiving the facilities referred to in this section of the law from other banks and credit institutions, it is necessary at the stage of concluding the contract and before paying the facilities, in addition to the inquiries obtained based on Article (5) that at the time of submitting the application and the filing of the case is obtained) and regardless of its validity, re-inquiry from the Samat system in order to control the applicant’s records and verify the non-use of the previous facilities (checking the housing facilities and active cleaning facilities of the applicants) within the framework of this legal clause accept

Article 8- Items that are not foreseen in this instruction are subject to the current laws and regulations of the country, including the monetary and banking law of the country, the law on banking operations without usury (interest) and executive regulations and instructions related to it, other relevant laws and regulations, as well as approvals. Money and credit council and orders and circulars of the central bank.