According to Iran Economist, quoted by Central Bank Public Relationsbased on paragraph (a) note (16) of the budget law of the year 1402 of the whole country and part (1) of the aforementioned legal clause, it is stipulated: “According to the law on the protection of the family and the youth of the population and the laws related to sacrificers, from the place of Qarzul Hosna deposits, including After deducting the legal deposit, the current and savings of the banking network (other than Qarz al-Hasna banks) will be allocated to Qarz al-Hasna and through the operating banks (at the discretion of the Money and Credit Council) they will proceed to pay Qarz al-Hasna facilities as follows:

Marriage loan facilities (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 eight hundred million (1,800,000,000) Rials and with a repayment period of ten years

2- Marriage loan facilities for couples under twenty-five years of age and wives under twenty-three years of age in the amount of two billion two hundred million (2,200,000,000) Rials

– The central bank, banks and non-bank credit institutions, all managers and related employees are responsible for the proper 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 exceeding the limits of this law) is considered a violation and can be pursued in the competent authorities.

– After validating the applicants for the facility referred to in paragraph “a” of this note and in the event that their credit is not met, 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 receive 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 included in the said law are subject to getting marriage loan twice as much as normal people.

Based on this, the quota considered for the payment of marriage loan facilities is sent to banks and credit institutions during April and May of the year. It is obvious that after the finalization of the annual quota for the payment of the aforementioned facilities, the situation will be announced to the banks and credit institutions.

Applicants who have already registered in the relevant system will have the priority to pay the said facility, and according to the conditions of the applicant, the said facility is for all people in line (registered in 1402 and previous years) in accordance with the amounts specified in the budget law. In 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 a maximum period of one week from the date of receipt of this letter, the issue 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. ‏

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