Security Deposit Assistance Loans Gaining Traction

Deputy Minister of Roads and Urban Development Mahmoud Mahmoudzadeh says 330,000 out of 410,000 people who have applied for security deposit assistance loans meet eligibility requirements set forth by the ministry. 
“So far, 300 people have received the loans,” he added. 
Noting that all qualified applicants will be introduced to designated banks by Sept. 21, the official said, “Those willing to receive loans faster need to upload their documents on www.tem.mrud.ir at the earliest.” 
The interest-only security deposit loans worth 500 million rials ($2,061) in Tehran, 300 million rials ($1,237) in large cities with a population of over one million, namely Mashhad, Isfahan, Karaj, Shiraz, Tabriz, Qom, Ahvaz and Kermanshah, and 150 million rials ($618) in other Iranian cities will be paid in the name of tenants but the sum will be put at the landlord’s disposal.