150 outlets joined to service "Pension +"

Baku. 23 September. REPORT.AZ/ 150 outlets has joined to service "Pension +" of the International Bank of Azerbaijan (IBA), Report informs reffering to the press service of the IBA.

All owners of pension cards can use the service in pharmacy shops Riyadfarm, Avesta Farm, Azeri-Med, the clinic Oksigen and also in supermarkets Neptun, Araz, Makromarket, Armo Store, Rahat, Favorit, Everest and Bolmart. 

At the moment more than 20 companies  joined this service, in the near future and is expected to increase their number. The service will also be active in the regions of the country.

Within the service "Pension +" all owners of pension cards will automatically receive an interest-free loan in the amount of 100 manats, and every month the service being updated. If desired, this amount can be increased.The service is free, pensioners are not charged commission money or interest on the loan. Amount of credit can paid only in certain retail outlets in the event of non-cash payment, as well as to pay utility services using ATMs or the official website of the IBA.

The loan service becomes available after the cardholder will spend the full amount of the pension. Accumulated debt will be automatically deducted from the regular pension. After full repayment of the debt a limit of credit is renewed automatically.