Exclusive Opportunity: Bank Shahr Offers 600 Million Tomans “Vazin Shahr” Housing Loan with Flexible Terms
Introduction
Bank Shahr has introduced the Vazin Shahr loan, a high-value financing solution designed to support customers seeking substantial housing loans. With a maximum limit of 600 million tomans, flexible repayment options, and streamlined registration, this loan presents a valuable opportunity for eligible applicants.
Eligibility Requirements
To qualify for the Vazin Shahr loan, applicants must meet the following criteria:
- Hold an active Bank Shahr account with a minimum three-month deposit average.
- Have no bounced checks or outstanding debts in the banking system.
- Provide an official guarantor and undergo credit verification.
Loan Amount & Deposit-Based Flexibility
The loan offers a maximum of 600 million tomans, with an additional advantage: borrowers may receive up to 7 times their average account balance from previous months. This feature benefits customers with higher deposits, allowing them to secure larger loans.
Fees & Interest Rates
The loan carries a fixed 12% interest rate, along with supplementary fees, including:
- Approx. 300,000 tomans for file setup and credit assessment (payable upon loan disbursement).
Repayment Terms
Borrowers can choose a repayment period between 6 to 48 months, ensuring flexibility based on financial capacity.
Guarantor Requirement
A valid official guarantor is mandatory, ensuring repayment security for the bank. The guarantor assumes responsibility if the borrower defaults.
Monthly Installment Breakdown
For a 600-million-toman loan:
- Monthly installment: ~15,800,301 tomans
- Total interest: ~158,414,460 tomans
- Total repayment amount: ~758 million tomans
How to Apply
Interested applicants can submit their requests via the Hamrah Shahr Plus mobile app, followed by in-branch document submission, credit verification, and final approval.
Conclusion
Bank Shahr’s Vazin Shahr loan provides a structured, accessible financing solution with competitive terms, reinforcing its commitment to supporting housing needs in line with national economic policies. Apply now to secure this exclusive opportunity!
