Yemen Commercial Bank offers to its valued customers  a soft  loan product (interest-free loans), where the  regular customers or employees  who benefit from payroll payment  service through the bank can obtain the advantage of soft loans offered by the bank at a rate of (4) salaries, according to the salary and contract concluded with the entity, they can achieve what they wish to buy or get, such as (buying home furniture or electrical appliances, etc.) through these loans.
Such loans are distinguished by being interest free and the tools to be purchased will be at cash price because the bank pays on behalf of customers, and then the bank shall deduct  from their monthly salaries. Customers enjoy this feature or loans when the following guarantees are available:
1.Conclude an agreement between the bank and the entity with whom the employee works to regulate  the relationship between both.
2.The guarantee of two colleagues of the borrower working in the same entity.
3.Depositing  the borrower's salary to the bank along with the salaries of his two colleagues.
4.Financial or in-kind guarantees for the customers whose salaries are not paid by the bank

Yemen Commercial Bank offers Auto loan product to its valued customers, where regular customers or employees, who benefit from payroll payment  service through the bank, can obtain auto  loans according to the salary and contract concluded with the entity and with very competitive interest and a repayment period of up to (5) years and with the following guarantees:
1.Conclude an agreement between the bank and the entity with whom the employee works, regulating the relationship between both.
2.The guarantee of two colleagues of the borrower working in the same entity.
3.Depositing  the borrower's salary to the bank along with the salaries of his two colleagues.
4.The employee's salary must not be less than (150,000) YR or its equivalent.
5.The employee pays 25% in advance of the auto's value.
6.The vehicle and the insurance policy must be in the name of the bank.
7.Financial or in-kind guarantees for customers whose salaries are not paid through the bank.

 YCR offers this service to employees of companies whose salaries are paid through the bank, in consideration  of the conditions that may occur the employee such as illness and others, the bank provided this service where  employees  can take a monthly advance at a rate (50%) of the salary to be paid at the end of the month when the salary is delivered.
For more information, you can call the following toll-free number (00967-8008000) or visit one of our branches and offices located in the Republic of Yemen.