Qardhul Hassan Current Accounts for individuals
This account is a call deposit upon opening of which individuals may, by means of a check, withdraw or transfer the balance partially or totally.
The applicants should have no returned checks.
Qardhul Hassan Current Accounts for Companies about to establish
Openning of the Qardhul Hassan current deposit account for public or private joint stock companies about to establish, which are not registered yet, is allowed. The founders will not be allowed to conduct banking transactions and may not withdraw from the account. Also, no checkbook will be granted prior to the registration of the company.
Qardhul Hassan Current Accounts for legal entities
This account is a call deposit upon opening of which legal entities may withdraw or transfer the balance by means of a check.
Qardhul Hassan Current Accounts for public-sector organizations
Based on Ministry of Economic Affairs and Finance directives and stipulations of Article 76 of State General Audit Law, banks may open accounts for public sector organizations including ministries, public-sector institutions and affiliated companies, public-sector companies, municipalities, as well as institutions of which more than half of the shares belong to the said entities.
Qardhul Hassan Current Accounts for public-sector companies
A public-sector entity is a certain organization established in form of a company as per a legal permission, or is a company that has been confiscated or nationalized according to law or competent court verdict and is recognized as a public-sector company, with more than 50% of shares owned by the state.
Opening of accounts to deposit the income of ministries, and public- sector institutions and companies is prohibited unless affirmed by the Ministry of Economic Affairs and Finance.
Qardhul Hassan Current Accounts for foreign nationals
Qardhul Hassan current account may be opened for foreign nationals' residents or non-residents. Applicants should have valid passport and residence permit, be recommended by a public- sector organization or an embassy in Iran, recognizing the applicant.
Qardhul Hassan Current Account for the visually impaired and people with hands disability
Bank Sepah has provided the opportunity for the visually impaired customers and customers with hand disabilities to open Qardhul Hassan current account.
Golden Qardhul Hassan Current Accounts
This deposit account is held with Electronic Banking Department and is designated as the subordinate ATM cards account. The account may be opened for individuals and legal entities. Accounts may also be opened jointly. The holders can perform all transactions pertaining to withdrawal and deposit, assignment of promissory notes, issuing payment orders, applying for checkbooks, and so on all over branches linked to Golden current network. Applicants should have no returned checks and should have an ATM account.
Minimum opening balance is IRR 100,000.
Joint Qardhul Hassan Current Deposit Accounts
Joint Qardhul Hassan current deposit accounts may be opened for two or more persons, observing the rules governing the opening of current accounts for individuals. Withdrawal share of each account holder should be specified in advance.