Exclusive Financial Benefits Launched for Iran’s Retired Educators
In a significant move to enhance the welfare of its members, the Mazandaran branch of the Iranian Teachers’ Reserve Fund has announced the rollout of a new, exclusive loan program for retired educators.
Streamlined Financial Support
According to Gholizad, a representative of the Fund, the initiative is being implemented in collaboration with Gardeshgari Bank. The program offers a substantial 300 million Rial loan with a favorable 10% interest rate and a convenient 24-month repayment plan. The rollout is being conducted in phases, with the first two stages already benefiting approximately five thousand retired teachers in the Mazandaran province who are members of the Fund.
A Modern, Hassle-Free Process
Emphasizing ease of access, the representative detailed a fully digital application process. Retirees who have received an official SMS notification from the Fund can access the loan without the need for a guarantor or a physical bank visit. By simply downloading the “To Bank” application from Gardeshgari Bank, eligible members can apply for and receive the loan entirely online.
Commitment to Member Welfare
This decision underscores the ongoing commitment of the Teachers’ Reserve Fund to provide comprehensive welfare services to its retired members. The representative further highlighted that this loan program is part of a broader strategy. This includes policies such as guarantor-free loans, planning for pilgrimage and tourist trips, and other welfare decisions currently in the pipeline, all prioritized for the benefit of retired members. The Fund continues to actively pursue measures aimed at improving the quality of life for the community it serves.