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House Lighting Loan

House Lighting Loan

 

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.

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