The Commercial Bank of Syria raised the maximum limit of the vocational loan to 50 million Syrian pounds instead of 30 million pounds. Sunni to be licensed to practice the profession according to specialty.

The instructions show the basis for granting the professional loan, which is a minimum amount of SP 1 million, while the contractual interest is 12.5% ​​per annum on the remaining balance of the loan and its duration ranges from one to ten years after it was 12 years in the previous instructions. Loan.

According to the instructions, the loan is repaid in equal monthly installments.The first installment is due at the end of the month following the month of granting and activating the loan.The prepayment of one or several installments may be made in any branch of the bank.In case the customer wishes to liquidate the loan before maturity, the contractual interest shall be collected for the end of the contract year.

 

Source agency SANA