Rasheed Bank issued instructions on obtaining an advance for retirees


Good Bank Thursday issued instructions on obtaining an advance for retirees, denied having a condition that carries the sponsor card ironing card.

The Bank said in a statement the news economy received a copy of it to "special instructions to applicants retired predecessor include that permanent staffing employee sponsor and has five years of service and salary covers the installment and interest", stating that "be retired to good bank card card holders".

The Bank stressed "facilitate transactions of retirees and the procedure for the granting of advance", adding that "otherwise would bear responsibility for any obstruction banker serving citizens".

The Bank denied "requirement of a smart card to the sponsor in this advance.

The good Bank launched in 2016, an advance for retirees of a maximum of 3 million in bail.