Rafidain Bank grants housing loans of up to 50 million dinars

Rafidain Bank grants housing loans of up to 50 million dinars

2017/6/4 12:41

Rafidain Bank grants housing loans of up to 50 million dinars[Oan- Baghdad]
Rafidain Bank announced the granting of loans to citizens of up to 50 million dinars for construction purposes for those who owns a piece of land for a residential area less than 50 square meters.
The Information Office of the Bank said in a statement received by all of Iraq [where] a copy of the “bank controls for the granting of loans to citizens for construction purposes and is to be a piece of land in his name on the face of independence or the name of common under modern version support provider support from the Land Registry Department competent” .
He said : ” The support includes the health of the issuance of the bond to be mortgaged first class in favor of the bank.”
The statement said that ” the duration of the loan is 10 years , ie , 120 months and the period of grace three months.”
He noted the bank to the benefit of these loans “of 9% per annum.”

alliraqnews.com