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  • Facilities for construction
        In order to assist builders of residential constructions, whether individual buildings or complexes, Parsian bank offers civil partnership facilities. Civil partnership means a combination of specie or kind contributions of legal or real entities in a shared fund so that profits will be shared between parties in proportion to their contribution.
    Conditions
    Requirements for the applicant 
     Being reputable and creditworthy in the banking system of the country
     Being solvent

    Facility conditions
     Duration: maximum 18 months (subject to extension as to the official confirmation)
     Amount:
       Based on the customer's demand and utilization of resources
       Maximum contribution of the bank to each project equals 70% of the total shared capital
       Maximum facilities offered to each building unit is 250.000.000.00 rials
       Partnership capital is exclusively consumed for construction operations. Price of land, office fees including license and density fees, planning costs, and the like are excluded.
       Payment of the bank share depends on payment of the partner's contribution. Bank share will be paid in at least 3 stages under the bank supervision. The last installment is paid provided that the rest of the costs will be fully covered and the project will be completed.

     Collateral: the premise itself will serve as collateral with the following terms;
       The entire premise, distinct, with no other claims on it
       With ownership deed to the name of the applicant
       With required licenses from the authorities

    Required documents
       Application form containing the demanded amount and duration
       Means of identification including birth certificate and national cards
       Bank forms and questionnaires