Majlis Wants to Raise Marriage Loan Ceiling

EghtesadOnline: The Majlis Social Commission has decided to raise the ceiling for marriage loans to newlyweds in the next fiscal year that begins in March.

News ID: ۷۵۲۲۷۴

18 February 2023

The Majlis Social Commission has decided to raise the ceiling for marriage loans to newlyweds in the next fiscal year that begins in March.

Debating the proposed 2023-24 budget, lawmakers have apparently decided to increase the loan by at least 25%. If it becomes law, the amount will increase from the present 1.2 billion rials to 1.5 billion rials per couple, said Vahid Yaminpour, deputy minister of sports and youth affairs, dolat.ir reported.

The loans will increase to 4 billion rials per couple if the bride is below 23 old and the groom under 25, he said.

"The government wanted the Majlis to approve bigger increase for marriage loans, especially for younger people," Yaminpour said.