In a notification to banks and credit institutions, the Central Bank of Iran announced guidelines for loans to parents to encourage childbirth
Couples who have a child from the last fiscal year (March 2021-22) and years after will be eligible for the loans, the CBI said on its website.
First-time parents can borrow 200 million rials for the first child, 400 million rials for the second, 600 million rials for the third, 800 million rials for fourth one billion rials for the fifth child and after that.
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