The conditions for obtaining a certificate of deduction from rights and its applications

If you have ever looked for a loan, you must have heard that one of the documents you must present to the bank is a salary deduction certificate. For those who are employees of the government or public institutions or retired and pensioners of pension funds, a certificate of deduction from their own salaries is required, and for other people, a certificate of deduction from the salaries of the guarantor they introduce is required. This certificate is to ensure that the borrower pays his installments. Otherwise, the bank can collect the installments through the rights of the one who presented the certificate.

The salary deduction certificate also shows that the borrower earns enough to pay his installments. This certificate is actually a letter that contains specific information. Including how much salary a person receives monthly and up to what amount he can receive a loan or facility and how much of his salary can be used to pay the loan installments.

So, if you are looking for a marriage loan, a home loan, a student loan or other types of loans, read this article to learn the steps to get a salary deduction certificate.

Salary deduction certificates are given only by government departments and public organizations to their employees and pension funds to pensioners, and the bank only accepts salary deduction letters from this group. Because it is only about this group that the bank can directly take the debt from their salaries if the installments are not paid. Private companies do not have this possibility.

So, if you are looking for a guarantee of a salary deduction certificate to get a loan and you work in a private company, you must find a guarantor who is an employee of the government or public institutions affiliated with the government or who receives a pension.

If you are employed or your guarantor is employed, the salary deduction certificate will be issued by the recruitment or administrative unit and you must submit your request to this unit. After you apply to receive this letter, the unit in question will check the loans you have taken so far and the installments of which have not ended, and if you are able to repay the new loan, it will issue you this certificate.

But getting a salary deduction certificate is different for retirees who have paid insurance premiums for years and get pension from pension funds and it can be done online.

If you are retired or receiving a social security pension, first go to Social Security Organization website Visit and enter the system.