Title: Official Date Announced for 50 Million Tomans Loan Deposit to Eligible Retirees
Headline: Social Security Organization Deposits New Round of Low-Interest Loans
In a move to further support its pensioners, Iran’s Social Security Organization has announced the successful deposit of a new round of financial loans. The organization confirmed that the fourth phase of a 50-million-Toman loan has been deposited into the accounts of eligible retirees and pensioners as of today.
Expanding Financial Support
This latest disbursement benefits over 20,000 qualified individuals. The action follows a similar deposit made last week by the Workers’ Welfare Bank, which served another 20,000 pensioners. With today’s transaction, a combined total of 40,000 eligible retirees and pensioners under the Social Security Organization have now received this financial facility.
Loan Terms and Conditions
The loan is provided with a service fee of 4 percent. To be eligible for such support, pensioners must ensure a minimum balance of 100,000 Tomans is maintained in the account where they receive their regular pension or salary. This initiative is part of the organization’s ongoing commitment to providing economic support to its members during their retirement years.