فارسی | Tuesday17 October 2017
 

Jeoaleh` credit facilities
One of the other banking facilities is Jeoaleh`, by which the employer must pay a fixed amount against performing a certain act (According to the contract). The party who performs the business is referred to as the "agent" or the employer. This contract is used in the industry and mine, agriculture, housing and construction, commercial and service sectors.

A) Required documents for individuals:
• The copy of the applicant's ID card
• The copy of the applicant's National card
• The applicant's employment certificate on the date of allocating the credit facility indicating the applicant's wage and if necessary the written undertaking to pay in installment out of his wage
• The copy of the business license (being valid and not been expired)
• The copy of the valid title deeds or key-money or leasing contract of the workplace
• The copies of the title deeds (collaterals), incase the credit facility is allocated against landed properties as collateral
• The full copy of title deeds of movable and immovable properties, the company's stocks, partnership papers and etc.

B) Required documents for legal entities:
• The copy of the company's Article of Association, memorandum of association, notices in official gazettes regarding the establishment of the company, and the latest changes in the Article of Association and managers and the copies of their ID and National Cards
• The copy of the business license
• The copy of the National ID card
• The copy of the valid title deeds or key-money or leasing contract of the company
• The copy of the title deeds (collaterals), incase the credit facility is allocated against landed properties as collateral
• The full copy of title deeds of movable and immovable properties, the company's stocks, partnership papers and etc.
• The company's latest balance sheet of the two previous years of its operations

Other necessary documents, required in any kind of Jeoaleh` loans in addition to the above mentioned documents:

1- Jeoaleh` for house repairs
• The original and the copy of title deeds
• National Land and Housing Organization contract, Endowment Organization contract or the written confirmation of the local council as well as water, electricity and gas bill in the applicant's name for those properties, lacking title deeds
• The copy of the title deeds, the owner's ID and National card, official leasing contract, the owner's agreement on the allocation of the credit facility, incase the property under repair is leased.

2- Jeoaleh` for preparing goods and fixing machineries, foundations and…. in manufacturing and service units
• Valid Performa invoice or construction contract
• The details of raw material and the manufactured goods, indicating the manufacturing volume, duration as well as cost and selling price
3- Jeoaleh` for import
• The copy of valid business permission card
• All the documents related to the opening of L/C
• All the documents related to the credit facility