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Companies›FarazBank

FarazBank

FintechneobankBank Iran ZaminIn the registry
Entity IDIR-CO-2322
SectorFintech
FoundedCoverage pending
HQTehran
VerificationReported
Last reviewed2026-08-06

FarazBank is the full-digital neobank of Bank Iran Zamin. It offers a complete mobile banking experience with non-presence account opening, smart transfers, digital cheque management, and Shaparak-integrated payment services. Positioned as Bank Iran Zamin's next-generation digital banking channel alongside its separate organizational neobank Jahesh.

Doing business with FarazBank? Check who legally owns and runs it: registry identity, capital and current board from the Official Gazette, in English with the Persian source, in three working days for USD 750. Full dossier with audited figures and competitors, USD 3,000. Order a FarazBank registry check · see a free sample

SnapshotBusinessSources
Decision snapshot
What it is, named as the bank's neobank on the bank's own download page (company disclosed)
Bank Iran Zamin lists the application on its own download page as "Faraz Bank (Iran Zamin neobank)" and marks it as carrying hybrid branch services. The product page describes it as putting the full banking service set in the customer's hands at any time and place.
Bank download page and product page read 20 September 2026Company disclosed
Bank Iran Zamin, application download page; Faraz Bank product page ↗ · retrieved 2026-09-20

Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.

Business model & group
Build and distribution channels, as the bank publishes them (company disclosed)Bank download page read 20 September 2026Company disclosed
The bank publishes Faraz Bank at version 3.0.4, 107 megabytes, through three channels: Cafe Bazaar, Myket and a direct download link. No iOS build and no international store listing appear on the page. Faraz sits alongside two other Iran Zamin applications on the same page, the Hamrah Bank mobile banking app at build 781 and the Ramzsaz one-time-password app at version 6.1.67.
Bank Iran Zamin, application download page ↗ · retrieved 2026-09-20Android-only distribution through the two Iranian stores plus a direct APK is the common shape for bank channels in this registry, and it is why an App Index series built on store data will understate them. The version and size are point-in-time and will age.
Published service claims (company disclosed)Product page read 20 September 2026Company disclosed
The Faraz Bank product page publishes three claims: banking services reachable at any time and place, support answering around the clock, and protection of personal and financial information.
Faraz Bank product page, izbank.ir ↗ · retrieved 2026-09-20Marketing claims, carried as such. The page holds no service list, no fee schedule and no eligibility rules, so nothing more specific can be sourced from the company today.
Source ledger, every field, its evidence
What it is, named as the bank's neobank on the bank's own download page (company disclosed)Company disclosedBank download page and product page read 20 September 2026
Bank Iran Zamin lists the application on its own download page as "Faraz Bank (Iran Zamin neobank)" and marks it as carrying hybrid branch services. The product page describes it as putting the full banking service set in the customer's hands at any time and place.
Bank Iran Zamin, application download page; Faraz Bank product page ↗ · retrieved 2026-09-20retrieved 2026-09-20
Build and distribution channels, as the bank publishes them (company disclosed)Company disclosedBank download page read 20 September 2026
The bank publishes Faraz Bank at version 3.0.4, 107 megabytes, through three channels: Cafe Bazaar, Myket and a direct download link. No iOS build and no international store listing appear on the page. Faraz sits alongside two other Iran Zamin applications on the same page, the Hamrah Bank mobile banking app at build 781 and the Ramzsaz one-time-password app at version 6.1.67.
Bank Iran Zamin, application download page ↗ · retrieved 2026-09-20retrieved 2026-09-20
Published service claims (company disclosed)Company disclosedProduct page read 20 September 2026
The Faraz Bank product page publishes three claims: banking services reachable at any time and place, support answering around the clock, and protection of personal and financial information.
Faraz Bank product page, izbank.ir ↗ · retrieved 2026-09-20retrieved 2026-09-20

Last full review: 2026-08-06 · Tehran Index research desk · corrections: desk@tehranindex.com

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Registered entity
Entity notesDiscovered via TechRasa Insight Iran FinTech 2025 (FY2024-25). Pending TI entity verification: operating entity, national ID, active status.
Official contact
Instagraminstagram.com/izbank.ir
Evidence & verification
Verification tierReported, single public source
Primary evidencetechrasainsight.com
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Tehran, Iran
faraz.izbank.ir
Company dossier

Registry check on FarazBank: legal entity, capital, board and managing director from the Official Gazette. USD 750, three working days. Full dossier with audited figures, competitors and risks: USD 3,000, five working days.

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