Personal loans
Yemen Commercial Bank offers its valued customers its products and all kinds of banking services, including: personal loans, where ordinary customers or employee customers who benefit from payroll payment through the bank, can obtain personal loans at a rate (3 to 15 times the salary), according to the salary and the contract concluded with the entity with very competitive interests and with the following guarantees:
1.Conclude an agreement between the bank and the entity with whom the employee works to regulate the relationship between both.
2.A 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.
Personal loans are distinguished by a repayment period of up to (36) months. Thus, with Yemen Commercial Bank, your dreams come true.
Loan service:
1. Employee loans:
- Concluding an agreement with the entity with which the employee works, regulating the relationship between the bank and the entity.
-A guarantee of at least two (2) business associates of the borrower.
-Supplying the borrower’s salary to the bank with the guarantors’ salaries
2. For non-employees:
Existence of in-kind or financial guarantees for taking the loan:
-Gold guarantee, 200% of the loan.
-Financial guarantee: booked in the account of the guarantor or the customer.
-The repayment period shall not exceed three years.