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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Al-Rafidain launches financial loans of up to 150 million dinars to employees and citizens

    Rocky
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    • Post n°1

    Al-Rafidain launches financial loans of up to 150 million dinars to employees and citizens Empty Al-Rafidain launches financial loans of up to 150 million dinars to employees and citizens

    Post by Rocky Sun 10 Sep 2023, 6:56 am

    [size=45]

    [size=41]Al-Rafidain launches financial loans of up to 150 million dinars to employees and citizens[/size]
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    Al-Hayat Al-Akhbariya:
    Al-Rafidain Bank determines the value of real estate loans for the purposes of restoration and rehabilitation of residential homes, building residential homes, purchasing a residential house, and purchasing a residential plot of land. A
    statement from the bank, received by Al-Hayat Al-Akhbariya, stated that “the bank has determined the amounts allocated for loans and special controls for the beneficiaries, which are as follows: - Limit The maximum loan amount is (150 million
    ) dinars and for the purposes below: -
    A - From (50) million dinars up to (75) million dinars for the purpose of purchasing a plot of land, ranging from (5) million dinars
    B - From (15) million dinars up to (75) million dinars for the purpose of construction, restoration and rehabilitation, increasing by (5) million dinars.
    C - From (50) million dinars up to (150) million dinars for the purpose of purchasing a residential house, increasing by
    (5) million dinars.
    – Interest rate (6%) in decreasing installments
    – Loan period (15) years
    – Loan guarantee according to the categories covered by the grants, as follows:
    A - Nationalized employees whose salaries are paid exclusively with Rafidain Bank. The guarantee shall be a MasterCard card and the presentation of a real estate bond mortgaged in favor of the bank as a first-class mortgage insurance (loan amount + 25%).
    B - For citizens, the guarantee shall be provided by a guarantor whose salary is exclusively with Rafidain Bank and by presenting a real estate bond mortgaged in favor of the bank as a first-class mortgage insurance (loan amount + 25%).


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