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Marriage Loans to Double Next Year

Marriage Loans to Double Next Year
Marriage Loans to Double Next Year

The parliament has approved parts of the fiscal 2021-22 budget bills, based on which newlywed couples can receive marriage loans worth up to 1 billion rials ($4,000) next year. 
Lawmakers on Wednesday decided to increase the loan by at least 40%. The loan will increase from the current 500 million rials to 700 million rials per couple, the parliamentary news website ICANA reported. 
To encourage early marriage, the loans will double to 1 billion rials per couple if the bride is below 23 years and the groom under 25. 

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