Rafidain Bank grant loans for doctors up to 75 million dinars
[Oan- Baghdad]
Rafidain Bank announced the granting of loans to doctors of various specializations slice up to 75 million dinars.
Press office of the bank said in a statement received by all of Iraq [where] a copy of it, " The bank decided to grant loans to doctors and doctors, dental and veterinary pharmacists as well as a slice of between 25-75 million dinars."
Between the bank and conditions for the granting of these loans , namely:
1. a loan of 25 million dinars to ensure the function and the clinic or pharmacy and to ensure that the sponsor guarantor though not an employee shall submit a real estate support and then a transaction subject.
2. loan from 25 million dinars and up to 40 million to ensure the function and the clinic or pharmacy with guarantors two, and if that is not possible to provide real estate support and then conduct a transaction under
3. loan of KD 40 million and up to 75 million to ensure a real estate support the value of +20 , including at least 90 million dinars.
4. must be the owner of the loan or clinic has a pharmacy with the practice of the profession leave from doctors or pharmacists union in addition to the identity of the union renewed until 2017.
5. lease clinic or pharmacy.
6. to submit an inventory of materials in the clinic with a list of the needs of the clinic or pharmacy is printed on the calculator.
7. loan for five years , including a year grace [ie pays monthly benefits for the first year only and are paid monthly installments starting from the second year of the loan.
8. clear the borrower to submit his application for a loan or facilities through the branches within the geographical area and there was no reason not to apply at any branch it was within the same province.
9. In the event the loan repayment delay is to inform the union for the purpose of urging the borrower to repay before taking legal action to collect the debt according to the law
10. lift orders by our branches to the General Administration / Credit Department of the banking / to consider requests with binders containing archives identification to obtain regulatory approvals for the granting of the loan .
11. inadmissibility of the transfer of ownership of the project from the borrower to a third party only after the borrower to pay for the entire loan amount with interest.
12. borrower demand of doctors and pharmacists, to provide a written pledge and be approved by the legal department of the General Administration or by the Law Division of the delegates offices. https://www.alliraqnews.com/modules/news/article.php?storyid=59972