Relief Loan Scheme Policy

Policies > Relief Loan Scheme Policy

The Group is offering a ‘Relief Loan Scheme’ to help our staff and their families manage their cash flow concerns during difficult times.

All Yoma Group employees. If you are on probation this will be considered on a case by case basis.
Up to 3 (three) months of your gross salary
The interest rate is set at 8.5% per annum and calculated based on loan balance There are additional no fees
The agreed monthly repayment amount will be directly deducted from your Yoma Bank SMART account over 12 months
  • Application form can be downloaded from Yoma Connect (//
  • Application starts on 1st April 2020
  • The application will be approved within 24 hours (1 working day)
  • For more details, please email
  • The Yoma Relief Loan is designed as a loan to support employees that are experiencing financial difficulties. The Loan is offered with the expectation that staff will remain in the Employment of the Group for the next 12 months.
    Expectations of employees that take out the Yoma Relief Loan:
  • Staff are expected to only take out this loan if they are facing financial hardship
  • Staff can pay the loan back sooner than 12 months
  • If an employee resigns, the Loan at 8.5% must be paid back in full
  • If someone would like to continue the loan with Yoma Bank after they resign the loan may revert to the commercial rate of approximately 14.5%