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Mesopotamia sets a condition for granting married advances
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BAGHDAD / Al-Rafidain Bank on Sunday set a condition for granting the advance of married couples, pointing out that the interest rate for the advance is 7%.
The bank's press office said in a statement received by "Iraq News" that "the predecessor of marriage to the employees of the state departments launched by the bank include providing a sponsor civil servant not less than a year's service," adding that "it must be the permanent owner."
The office added that "the interest rate of the three million dinars for married couples is 7 percent is calculated in the form of fixed installment is fixed," stressing the need to "take into account not to exceed the deduction of 50 percent of the total salary for employees of the State Departments."
The Rafidain Bank announced on Saturday the launch of marriage advances to employees of the state departments by three million dinars, while that includes those who marry for the first time exclusively, indicated that the repayment period of three years.
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