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Rivers set conditions in return for scrapping age requirement in advance of 10 million for state emp

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rocky
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Rivers set conditions in return for scrapping age requirement in advance of 10 million for state emp

Post by rocky on Mon 31 Oct 2016, 4:05 am

[size=37]Rivers set conditions in return for scrapping age requirement in advance of 10 million for state employees[/size]


BAGHDAD - A Journal
Rafidain Bank, announced Monday, all put conditions on the cancellation of the age requirement of 10 million dinars advance to the staff of state departments.
He said the bank in a statement received (Journal), "it was to prioritize in return for scrapping age requirement which is to be the remaining term of the employee who made him advance before retiring service covers a period of advance payment amounting to five years," adding that "the objective behind the cancellation of the age requirement to include a larger number of employees. "
The Rafidain Bank had announced in the middle of this month canceled the age requirement on applicants to advance 10 million dinars for the staff of government departments and develop a new mechanism to ensure the continued flow of the advance and the inclusion of a greater number of employees in addition to ensuring the return of money the bank with their profits and revenues.
Press office of the bank said in a statement, said that "the last given priority and preference to applicants on the advance who have smart and activated card to receive monthly salary and have no predecessor or previous loans remaining service of the applicant shall be sufficient to repay the advance advertised duration of five years in addition to the requirement that the ministry be work by employees for reimbursement is lagging behind. "
The Ministry of Finance has agreed in September to launch a personal advances to employees, amounting to 10 million dinars for different purposes and according to the controls and Altalimat.anthy 3
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rocky
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Rivers: the amount of advance payment for 10 million dinars amounting to 196,000 dinars a month

Post by rocky on Mon 31 Oct 2016, 4:17 am

[size=30]Rivers: the amount of advance payment for 10 million dinars amounting to 196,000 dinars a month[/size]
31/10/2016 10:17 | Number of Views: 155
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Direction per se / Baghdad
 

Rafidain Bank, said Monday, that the amount of the monthly payment for the advance of 10 million dinars of 196,000 dinars, noting that he will be an administrative commission of 2% of the amount of the advance granted met.

The bank said in a statement received "direction Press" a copy of the "process of granting advances personal activated again to the staff of the state departments of circles is lagging repayment, which has been divided on the branches and give the initial beneficiaries of the smart card holders," noting that "surrender is done by the website of the bank. "

 

He added the bank that "advances amounting to 10 million dinars are granted according to certain regulations which have demanded advance to have a service of not less than one year (installed appointed) and paid for five years," noting that "the interest rate of 7% rate of a year is calculated on a straight declining and pay fixed installments with the advance premiums month after the grant date. "

He noted the bank to "advance premium amount of 166,667 dinars, and the amount of interest 29 652 dinars, and brings the total monthly payment of premium and interest 196 319 dinars," noting that he "will be an administrative commission of 2% of the amount of the advance granted are met."

As he emphasized that "the borrower to submit guarantor guarantor of who are at least serve for one year, at least not guarantees opposite accept that it does not exceed the total deductions for 50% of the salary of the overall sponsor," explaining that "other conditions for Mstlv insurance is the one government through a contract with the company by the General administration of insurance companies. "

The Ministry of Finance approved last September 18 for the launch of personal advances to employees, amounting to 10 million dinars for various purposes, according to guidelines and instructions, while put a condition to get the employee on this advance, including not exceed the advanced age of 50 years before being canceled this condition his recent.

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