According to Titr Sanat, following the announcement of the launch of the registration process for the electric vehicle supply program, Melal Credit Institute has declared its full readiness as the operating bank and has begun the fund-blocking process, amounting to 5 billion rials, for its applicants through branches across the country and the Melal MetaBank from November 11 to 16, 2025.

Under this scheme, applicants may open a proxy account from November 11 to November 16, 2025, by visiting any branch of Melal Credit Institute nationwide, or through the MetaBank online platform at www.metabank724.com, as well as the MetaBank application.

The relevant information will also be officially submitted through the Autonovin platform at autonovin.ir, in accordance with the announced regulations.

According to this report, applicants will be able to complete their final registration in the vehicle allocation system 24 hours after the funds are blocked. The delivery date has been announced as 120 days after the down payment is made.

It is worth noting that Melal Credit Institute, in line with expanding modern services, accelerating banking processes, and supporting national initiatives, has consistently sought to provide customers with a reliable and convenient experience.