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Controls the granting of loans and advances to state employees

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Controls the granting of loans and advances to state employees [You must be registered and logged in to see this image.]

Said Rasheed Bank controls and exchange instructions kinds of loans and advances to state employees by the following details:




First, loans 100 Salary

Maximum loan amount: 100 nominal salary to exceed than 50 Million for the ongoing service staff on the permanent staffing manager without a degree in salary and 100 names of not more than 100 million dinars for the degrees of general manager up.

Loan Term: Ten years

Interest: 8% Per year (eight per cent per year).

Warranty: provide a guarantee of real estate after the grace period for 6 Months for the bank's mortgage insurance subject to the Class.

That offers guarantees and promissory note when the loan application before you put at his disposal And real estate while providing the guarantee referred to.



Second, personal advances

Amount: Five millions of dinars

For the advance: Five years

Interest: 6% per year of six percent per year.

Security: To ensure the sponsor of the staff to ensure continuous service and have service on the permanent staffing.

Conditions:
The grant for the ongoing service staff and their service less than one
year on condition that the presence of his predecessor, his trust is
paid in the past.






Third, advances to marry

Amount: three million.

Duration: three years

Interest: 6% Per year of six percent per year.

Security: To ensure the sponsor employees on the permanent staffing + insurance with National Insurance Company.

Conditions: the employee who is married for the first time and the employee in his marriage to a widower for the second time

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