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Rafidain Bank issued a new explanation for a construction loan to those who owned residential land
BAGHDAD, July 15 (KUNA) - The construction of a 50-million-square-meter (50-square-foot) residential plot is being disbursed in three installments, the Information Office of the Rafidain Bank said in a press statement on Saturday.
"The first installment of 25 million dinars at the completion of the Rabat and the second installment of 15 million dinars when completion of the roofing and the third payment of 10 million at the turnkey, meaning that through the completion of building part of its land and complete the basis in the stages of building the structure of the land belonging to him, "The loan is repayable in equal monthly installments and in a reduced installment manner with interest."
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BAGHDAD, July 15 (KUNA) - The construction of a 50-million-square-meter (50-square-foot) residential plot is being disbursed in three installments, the Information Office of the Rafidain Bank said in a press statement on Saturday.
"The first installment of 25 million dinars at the completion of the Rabat and the second installment of 15 million dinars when completion of the roofing and the third payment of 10 million at the turnkey, meaning that through the completion of building part of its land and complete the basis in the stages of building the structure of the land belonging to him, "The loan is repayable in equal monthly installments and in a reduced installment manner with interest."
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