Go straight ahead to the nearest Tadhamon Bank Branch to start the funding process!
Could I apply for a car funding in a governorate and obtain the car in another governorate?
Yes, you could.
How long does it take to get the funding?
As long as all required documents are available, you could complete your funding process within 3 working days.
If I ever had a car loan, could I get a new car loan?
Yes, you could as long as your revenues suit the installments at a time.
What is the car loan profit ratio?
Profit ratio at Tadhamon Islamic International Bank (TIIB) is competitive. It is the lowest profit ratio among all Islamic and classic banks in Yemen.
What is next to procurement procedures?
After getting the Bank final approval, get a price quotation for the car you like to buy.
What is the funding period?
Three years
Could I make an advance payment of the car total value?
Yes, you could.
Is the funding ratio stable?
Yes, it is stable during the entire loan period.
Could I pay funding before the end of installments period?
Yes, you could. When you do this, you will be gifted by the Bank.
Could I sell the car during the installments period?
Yes, you could as you own the car. After selling your car, you are free to either continue paying the monthly installments or to fully pay due funding at a time. It is your own choice.
Common Question about Credit Cards:
Should I have an account at TIIB to apply for a credit card?
Yes, you have to have a bank account.
In case of my credit card lost or stolen, what should I could?
You have to call and inform the specialist at the Electronic Credit Cards Dept.
By using Tadhamon Bank Visa Electron, can I withdraw cash money from other banks ATMs?
Yes, you can withdraw cash money from all ATM’s holding Visa and MasterCard mottos.
Common Questions
Common Questions about Funding:
What should I do before I apply for a car loan?
Choose your dream car!
Get a price quotation!
Go straight ahead to the nearest Tadhamon Bank Branch to start the funding process!
Could I apply for a car funding in a governorate and obtain the car in another governorate?
Yes, you could.
How long does it take to get the funding?
As long as all required documents are available, you could complete your funding process within 3 working days.
If I ever had a car loan, could I get a new car loan?
Yes, you could as long as your revenues suit the installments at a time.
What is the car loan profit ratio?
Profit ratio at Tadhamon Islamic International Bank (TIIB) is competitive. It is the lowest profit ratio among all Islamic and classic banks in Yemen.
What is next to procurement procedures?
After getting the Bank final approval, get a price quotation for the car you like to buy.
What is the funding period?
Three years
Could I make an advance payment of the car total value?
Yes, you could.
Is the funding ratio stable?
Yes, it is stable during the entire loan period.
Could I pay funding before the end of installments period?
Yes, you could. When you do this, you will be gifted by the Bank.
Could I sell the car during the installments period?
Yes, you could as you own the car. After selling your car, you are free to either continue paying the monthly installments or to fully pay due funding at a time. It is your own choice.
Common Question about Credit Cards:
Should I have an account at TIIB to apply for a credit card?
Yes, you have to have a bank account.
In case of my credit card lost or stolen, what should I could?
You have to call and inform the specialist at the Electronic Credit Cards Dept.
By using Tadhamon Bank Visa Electron, can I withdraw cash money from other banks ATMs?
Yes, you can withdraw cash money from all ATM’s holding Visa and MasterCard mottos.
