Rafidain Bank launches loans worth 40 million and declares controls and instructions obtained

Rafidain Bank launches loans worth 40 million and declares controls and instructions obtained

economy  Since 03.19.2017 at 09:10 (Baghdad time)

Baghdad balances News
Rafidain Bank decided, on Sunday, the granting of loans for the purchase of residential units in residential investment projects that are funded.
The bank said in a statement received / balances News / copy of it, he "decided to grant loans for those projects in order to support the employees and citizens, which amounted to the percentage of completion where the 60%."
He called on the slides covered to "visit his site and its branches in Baghdad and the provinces for the so special instructions."
1. General Terms and controls
(A) In the event that the student loan officers:
To be on the permanent staffing continuous service book of support from his constituency and is shown signing of the head of the department.
That covers 50% of the total amount of the monthly salary installment and interest
That does not have received a loan from either residential or Rafidain Bank, Rasheed Bank or other banks.
It determines the amount of the loan on the basis of (100) salary My name does not exceed its highest level (75) million in the event that the nominal salary of the employee Student Loan least 400 thousand dinars per month to be granted a loan of no more than (40) million in the event of his desire to do so
(B) In the event that the student loan citizen:
1. to have Iraqi citizenship who have completed 18 years of full civil and legal.
2. offers archives identity (identity card - certificate of citizenship - residence card) or the national card.
3. sign a pledge in favor of not granting a loan from our bank or Rasheed Bank or any other bank.
4. The amount of the loan (40) million, maximum.
(C) the loan term (15 years) repaid with interest over the (180) Premium on a straight (hard) and beginning of the month following the month of grants
(D) the loan interest rate (10%) ten percent a year.
5. borrower provides mortgage support during a maximum period (6 months) from the date of receipt of the loan.
(F) a deduction for the premiums of the borrower through electronic payment tools if possible
(G) guarantee loan mortgage property after scoring on behalf of the borrower in favor of the bank as well as the sponsor guarantor of loans granted to nationals of non-employees and to be an employee on the permanent staffing or customer has a documented loan facility guaranteed by real estate or submit a bill of exchange, while certified demand from the notary and in the case of non-payment three consecutive installments of the bill is implemented by the competent execution circuit without warning
(H) does not exceed the amount of the loan granted to build residential unit price which is contained in the contract between the employee and the company executing the construction to be put on him (the amount submitted + all premiums paid in cash by the borrower before granting the loan)
(I) an on-site detection on the property in accordance with gripping identity and image under him (support) modern issued by the Land Registry department or investment related by a committee composed of (a specialist employee of the General Administration / Commission disclosure in section / expert Ahli / a representative of the Department resident Engineer of the company) in favor of the percentage of completion.
Branch procedures in granting the loan
1. submit an application in accordance with the attached form and also fill the employee's support circle models associate them being (that he is an employee) and its commitment to pay the premiums through deducted from his salary and sent to the bank first hand in addition to the bill, while the amount of demand
Loan +20% certified by the notary department
2. presents a picture under a modern version of the property on behalf of the student loan
3. The original copy of the purchase contract between the borrower and the company includes the construction (residential unit price) as well as the amount paid in cash provided to the company by the borrower
4. Submission archives tariff
5. orders recorded in a special program written for this purpose and provides student loan number and the date for audit purposes
6. Asthsal if necessary endorsements for the health of the issuance of written support any other gripping the branch sees the presence of unnecessary administration and according to estimates, the full responsibilities.
7. The branch audited the treatment of all aspects and after checking the availability of all the conditions in the applicant's health and the issuance of real estate and other archives support
8. Send statistical transactions that were completed to the public / bank credit administration department, however, supported the branch. Enclosed with a letter contains a detailed schedule of grants
9. be carried insurance on the dwelling unit for the benefit of the bank and at the expense of the borrower
10-are not taken ownership of the housing unit transfer to third parties except after obtaining the approvals from the bank to rotate the loan to third parties (the new beneficiary) or pay off the tally by the beneficiary Alaol.anthy 29 / D 24


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Balutaiq..msrv Rivers announce the conditions for obtaining an advance of the "10" salaries

BAGHDAD - Iraq Press - March 19 / March: Rafidain Bank announced the terms and conditions of granting advances to state employees. According to published Lutaiq controls were as follows: 1 / to be an employee service is not less than one year (installed appointed) had no more than one year of experience. 2 / that the amount of the advance no more than 10 million. 3 / advance for 5 years. 4 / interest rate (9%) per annum is calculated on a straight declining and pay fixed installments with the advance premiums month after the grant date. 5 / Administrative Commission is levied (2%) of the amount of the advance. 6 / are required not to exceed the monthly deductions to advance with other obligations owed by the borrower (50%) of the total salary. 7 / guarantor must be a civil service of not less than one year and does not accept guarantees that the opposite and do not exceed the deductions (50%) of the total salary Allkvel. 8 / insurance on the amount of the advance with a government insurance companies 9 / in the case of a previous advance is made in cash or Qadah settlement before the advance payment disbursement , and spend the remaining amount required documents: 1 / archives supporting all or unified card 2 / letter from the Ministry or the borrower circle supports not received an advance of our bank or other banks and continuing service and support of his monthly salary and that his department is committed to the fulfillment of the monthly installments from his salary and transferred to the bank within a period of 10 days from the date of disbursement salary in the case of delays bear interest Tojerih (2%) the number of days of delay and up to the date of payment start a legal benefit of working mechanism ... there are mechanisms specific to the bank I have not mentioned one / the borrower to provide employee names circle under the request of the advance , which will provide the departments out and be in the form of meals that do not form exceed the sum of the meal (100) employees stage first and bear called advance Service is responsible for grants and repeat the responsibility of the health of the archives that came with the form and support us so. 2 / forms stamped the seal of authenticity of the information contained in the required documents by the administrative department official and send all the information , however , it supported the directorate concerned to be a director - level accounts or financial authorized after an official letter in which samples of his signature and seal. 3 / ministry or department borrower bears the health archives accompanying request for the advance and support us so. 4 / no review borrowers of the bank only after Bmmthelhm ( I mean their representative is related Behm and reviewing Weah). 5 / regulated by a contract with the borrower and stamp duty are met by (2 thousands). 6 / advance become payable when the employee break from working for any reason whatsoever and does not g

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Learn the terms of the Rafidain Bank to grant loans to finance the purchase of housing units

Business & Finance   Sunday 19 March 2017 time 9:08 (2072 views)
Learn the terms of the Rafidain Bank to grant loans to finance the purchase of housing units
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BAGHDAD / Sky Press ...

1. submit an application in accordance with the attached form and also fill the employee's support circle models associate them being (that he is an employee) and its commitment to pay the premiums through deducted from his salary and sent to the bank first hand in addition to the bill, while the amount of demand

Loan +20% certified by the notary department

2. presents a picture under a modern version of the property on behalf of the student loan

3. The original copy of the purchase contract between the borrower and the company includes the construction (residential unit price) as well as the amount paid in cash provided to the company by the borrower

4. Submission archives tariff

5. orders recorded in a special program written for this purpose and provides student loan number and the date for audit purposes

6. Asthsal if necessary endorsements for the health of the issuance of written support any other gripping sees manage the branch presence unnecessary, according to estimates, the full responsibilities

7-The branch audited the treatment of all aspects and after checking the availability of all the conditions in the applicant's health and the issuance of real estate and other archives support

8. Send statistical transactions that were completed to the public / bank credit administration department, however, supported the branch. Enclosed with a letter contains a detailed schedule of grants

9. be carried insurance on the dwelling unit for the benefit of the bank and at the expense of the borrower

10-are not taken ownership of the housing unit transfer to third parties except after obtaining the approvals from the bank to rotate the loan to third parties (the new beneficiary) or pay off the tally by the primary beneficiary.


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Rivers: granting loans to support staff and citizens to buy housing units investment projects

History of edits:: 2017/3/19 Rafidain Bank decided to grant loans for the purchase of residential units in residential investment projects that are funded.
Press office of the bank said in a statement received by all of Iraq [where] a copy of it, "The bank decided to grant loans for those projects in order to support the employees and citizens, which amounted to the percentage of completion with 60%," calling for "covered slides visit its location and its branches in Baghdad and the provinces for instructions so special. "
And the General Terms and controls for the granting of the loan mentioned media Rafidain Bank, in the event that the student loan employees to "be on the permanent staffing continuous service letter of support from his constituency and is shown signing of the head of the department, and that covers 50% of the total salary premium amount and monthly interest, and not to be It received a loan from either residential or Rafidain Bank, Rasheed Bank or other banks. "
It also "determines the amount of the loan on the basis of 100 nominal salary does not exceed the highest alone 75 million dinars In the event that the nominal salary of the employee Student Loan least 400,000 dinars per month to be granted a loan of no more than 40 million dinars in the event of his desire to do so."
In the event that the student loan citizen statement pointed out that "have Iraqi nationality who have completed 18 years and full legal capacity and provides archives probative [identity card - certificate of nationality - card housing or a unified national card, with the signing of the pledge in favor of not granting a loan from Rafidain Bank, Rasheed Bank or or any other banks. "
"As a loan amount of 40 million dinars maximum, and the duration of the loan to 15 years repaid with interest over 180 installments on a straight [hard] and beginning of the month following the month of grants, the loan interest rate of 10% per year, and offers the borrower a bond real estate within a maximum period 6 months from the date of receipt of the loan. "
He pointed out that "the deduction of premiums resulting from the borrower would be through electronic payment tools, if possible, with the guarantee of the loan mortgaging property after scoring on behalf of the borrower in favor of the bank as well as the sponsor guarantor of loans granted to nationals of non-employees and to be an employee on the permanent staffing or customer has banking facilities documented guaranteed by real estate or submit a bill of exchange, while the demand certified by a notary public in the event of non-payment of three successive installments are executed promissory note to the competent execution circuit without warning. "
Rafidain Bank and stressed that "not to exceed the amount of the loan granted to build residential unit price which is contained in the contract between the employee and the company executing the construction to be put on it [the amount provided + all premiums paid in cash by the borrower before granting the loan]."
Wolf to "an on-site detection on the property in accordance with gripping identity and image under him [support, modern issued by the Land Registry department or related investment by a committee composed of competent employees in public administration / Commission disclosure in section / expert Ahli / Representative for resident Engineer of the company circle] in favor of the percentage of completion. "
And branch procedures in granting the loan, the statement pointed out that:
1. submit an application in accordance with the attached form and also fill in backing the employee circle models associate them being [that he is an employee and pledge to pay the premiums through deducted from his salary and sent to the bank first hand in addition to the bill, while the demand amount, loan +20% certified by the notary department ".
2. presents a picture under a modern version of the property on behalf of a student loan.
3. The original copy of the purchase contract between the borrower and the construction company include residential unit price, as well as the amount paid in cash provided to the company by the borrower.
4. Submission archives tariff.
5. orders recorded in a special program written for this purpose and provides student loan number and the date for audit purposes.
6. Asthsal if necessary endorsements for the health of the issuance of written support any other gripping the branch sees the presence of unnecessary administration and according to estimates, the full responsibilities.
7. The branch audited the treatment of all aspects and after checking the availability of all the conditions in the applicant's health and the issuance of property and archives and other support.
8. Send statistical transactions that were completed to the public / bank credit administration department, however, a certified branch, enclosed with a letter contains a detailed schedule of grants.
9. be carried insurance on the dwelling unit for the benefit of the bank and at the expense of the borrower.
10-are not taken ownership of the housing unit transfer to third parties except after obtaining the approvals from the bank loan to rotate to a third party [the new beneficiary or the payment of the tally by the primary beneficiary.

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Rivers decides to grant financial loans to support staff

Economy News / Baghdad ...



Twilight News / Rafidain Bank decided to grant loans for the purchase of residential units in residential investment projects that are funded.

Press office of the bank said in a statement received "Economy News," that the bank decided to grant loans for those projects in order to support the employees and citizens, which amounted to the percentage of completion with 60%. Calling slides covered visit its location and its branches in Baghdad and the provinces to see the instructions for this.

1. General Terms and controls

(A) In the event that the student loan officers:

To be on the permanent staffing continuous service book of support from his constituency and is shown signing of the head of the department.
That covers 50% of the total amount of the monthly salary installment and interest
That does not have received a loan from either residential or Rafidain Bank, Rasheed Bank or other banks.


It determines the amount of the loan on the basis of (100) salary My name does not exceed its highest level (75) million in the event that the nominal salary of the employee Student Loan least 400 thousand dinars per month to be granted a loan of no more than (40) million in the event of his desire to do so
(B) In the event that the student loan citizen:

1. to have Iraqi citizenship who have completed 18 years of full civil and legal.

2. offers archives identity (identity card - certificate of citizenship - residence card) or the national card.

3. sign a pledge in favor of not granting a loan from our bank or Rasheed Bank or any other bank.

4. The amount of the loan (40) million, maximum.

(C) the loan term (15 years) repaid with interest over the (180) Premium on a straight (hard) and beginning of the month following the month of grants

(D) the loan interest rate (10%) ten percent a year.

5. borrower provides mortgage support during a maximum period (6 months) from the date of receipt of the loan.

(F) a deduction for the premiums of the borrower through electronic payment tools if possible

(G) guarantee loan mortgage property after scoring on behalf of the borrower in favor of the bank as well as the sponsor guarantor of loans granted to nationals of non-employees and to be an employee on the permanent staffing or customer has a documented loan facility guaranteed by real estate or submit a bill of exchange, while certified demand from the notary and in the case of non-payment three consecutive installments of the bill is implemented by the competent execution circuit without warning

(H) does not exceed the amount of the loan granted to build residential unit price which is contained in the contract between the employee and the company executing the construction to be put on him (the amount submitted + all premiums paid in cash by the borrower before granting the loan)

(I) an on-site detection on the property in accordance with gripping identity and image under him (support) modern issued by the Land Registry department or investment related by a committee composed of (a specialist employee of the General Administration / Commission disclosure in section / expert Ahli / a representative of the Department resident Engineer of the company) in favor of the percentage of completion.

Branch procedures in granting the loan

-----------------------

1. submit an application in accordance with the attached form and also fill the employee's support circle models associate them being (that he is an employee) and its commitment to pay the premiums through deducted from his salary and sent to the bank first hand in addition to the bill, while the amount of demand

Loan +20% certified by the notary department



2. presents a picture under a modern version of the property on behalf of the student loan

3. The original copy of the purchase contract between the borrower and the company includes the construction (residential unit price) as well as the amount paid in cash provided to the company by the borrower

4. Submission archives tariff

5. orders recorded in a special program written for this purpose and provides student loan number and the date for audit purposes

6. Asthsal if necessary endorsements for the health of the issuance of written support any other gripping sees manage the branch presence unnecessary, according to estimates, the full responsibilities

7. The branch audited the treatment of all aspects and after checking the availability of all the conditions in the applicant's health and the issuance of real estate and other archives support

8. Send statistical transactions that were completed to the public / bank credit administration department, however, supported the branch. Enclosed with a letter contains a detailed schedule of grants

9. be carried insurance on the dwelling unit for the benefit of the bank and at the expense of the borrower

10-are not taken ownership of the housing unit transfer to third parties except after obtaining the approvals from the bank to rotate the loan to third parties (the new beneficiary) or pay off the tally by the primary beneficiary.


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