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Housing fund: No delay interest due from deferred loan installments
09:14 - 05/05/2020
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Information / Baghdad ..
The Housing Fund announced, on Tuesday, that it will not result in the release of citizens from whom loan payments were postponed, any delay interest, indicating that it continues to receive the monthly installments from those who wish to pay them in Baghdad and all the provinces of the country.
The official newspaper, "Al-Sabah", quoted by its issue issued today and reviewed by the information, quoted an official source in the Ministry of Construction, Housing and Public Municipalities as saying that its housing fund continues to receive the monthly installments from borrowers in Baghdad and all of the provinces of the country, explaining that "received" Premiums include previous and subsequent months.
The source added, “The Housing Fund had previously decided to postpone the payment of loan installments received from citizens for months: March, April and May,” stressing that “delaying these installments will not result in any late interest, as a contribution from the fund to express the necessary facilities for citizens in Under the exceptional circumstances that the country is going through, due to the spread of the Corona pandemic and the effect of the prohibition of curfews.
He explained, "Allowing the payment of monthly installments is valid in the case of the citizen's desire to do so in the Fund's headquarters in Baghdad and its branches in all governorates of the country." With the payment mechanism and depending on each case, in addition to rescheduling the debts owed to the fund, which stipulated that the borrower had not stumbled in the repayment process previously.
On a related matter, he stated that "the Fund, in order to reduce the outbreak of the Corona virus pandemic among auditors and to preserve their safety from it, has prepared a weekly schedule and a mechanism for reviewing it by borrowers and depending on their areas of residence, noting that the matter was implemented in accordance with the decisions of the Supreme Committee for Health and National Safety" , Noting that "the borrower must bring proof of his residence as a residence card or title to the property, stressing that no references will be received except within the day specified for his area." Ended / 25
The Housing Fund announced, on Tuesday, that it will not result in the release of citizens from whom loan payments were postponed, any delay interest, indicating that it continues to receive the monthly installments from those who wish to pay them in Baghdad and all the provinces of the country.
The official newspaper, "Al-Sabah", quoted by its issue issued today and reviewed by the information, quoted an official source in the Ministry of Construction, Housing and Public Municipalities as saying that its housing fund continues to receive the monthly installments from borrowers in Baghdad and all of the provinces of the country, explaining that "received" Premiums include previous and subsequent months.
The source added, “The Housing Fund had previously decided to postpone the payment of loan installments received from citizens for months: March, April and May,” stressing that “delaying these installments will not result in any late interest, as a contribution from the fund to express the necessary facilities for citizens in Under the exceptional circumstances that the country is going through, due to the spread of the Corona pandemic and the effect of the prohibition of curfews.
He explained, "Allowing the payment of monthly installments is valid in the case of the citizen's desire to do so in the Fund's headquarters in Baghdad and its branches in all governorates of the country." With the payment mechanism and depending on each case, in addition to rescheduling the debts owed to the fund, which stipulated that the borrower had not stumbled in the repayment process previously.
On a related matter, he stated that "the Fund, in order to reduce the outbreak of the Corona virus pandemic among auditors and to preserve their safety from it, has prepared a weekly schedule and a mechanism for reviewing it by borrowers and depending on their areas of residence, noting that the matter was implemented in accordance with the decisions of the Supreme Committee for Health and National Safety" , Noting that "the borrower must bring proof of his residence as a residence card or title to the property, stressing that no references will be received except within the day specified for his area." Ended / 25
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