It is a loan to finance home lighting bysolar lighting system provided to employees of entities that are contracting with the bank to pay the salaries of their employees.
Service Features:
- The value of the loan ranges from YER 100,000 to YER 500,000 according to the client's income.
- Loan period is not exceeding 12 months, payable in equal installments.
- Currency of financing is Yemeni Rial.
- Low and convenient interest rates i.e. 12%.
Terms and Documents Required to Obtain the Service:
- The customer has a current account in the bank.
- Providing the original personal identity (valid electronic ID card or passport).
- The customer's salary must be regular during the last 3 months and prior to the date of grant.
- The existence of a banking services agreement, lending or financing agreement with the employer.
- Guarantee of two colleagues from the same workplace.
- An official letter from the customer's employer confirming approval of the loan.
- Filling in the application form (loan file), promissory receipt and debt bond by visiting the nearest branch or office of the bank.