The government has no contingency for marriage loans which are set to double in the March 2022-23 fiscal year, a senior banker said.
Mohammad-Reza Jamshidi, the secretary general of the Iranian Private Banks' Association told ISNA that the interest-free loans provisioned by banks cannot cope with the rising demand from the newlyweds.
Jamshidi was responding to a Majlis decision earlier in the week to double the amount of marriage loans in the next budget.
Add new comment