Consumer Loan
Flexible Financing for Everyday Needs
The Consumer Loan from Evergrowth (Cambodia) Specialized Bank Plc. is designed for individuals who need financial support to purchase household goods, cover education costs, or fund other personal expenses. With fast approval, no collateral for smaller loans, and competitive rates, this product is perfect for short-term, high-impact needs.
Product Features
| Feature | Details |
|---|---|
| Loan Amount | Up to USD 50,000 or KHR 200,000,000 |
| Loan Term | 12 – 48 months |
| Interest Rate | 1.00% – 1.30% per month |
| Repayment Type | Equal Monthly Installments (Principal + Interest) |
| Processing Fee | 1% of approved loan amount (payable after disbursement) |
| Debt Service Ratio (DSR) | Maximum 50% of net monthly income |
Eligible Use of Funds
Home appliances and electronics (TV, fridge, generator, computer, etc.)
Vehicle purchases (car, motorbike)
Furniture and renovation items
Education expenses (school fees, university tuition)
Other personal or family-related costs
Collateral & Insurance
| Loan Size | Collateral Requirement |
|---|---|
| ≤ USD 5,000 | No collateral required (100% financing available) |
| > USD 5,000 | 70% financing; 30% paid by borrower |
| Insurance | Details |
|---|---|
| Vehicle Loans | Vehicle insurance required (fee paid by borrower) |
| Fire or other property | Insurance may apply depending on item financed |
Required Documents
ID card(s), family book, and Employee ID (if applicable)
Proof of income:
Salary: employment contract, payslip, bank statements
Business: income & expense report
Purchase documents (invoice, sales receipt, delivery note)
Vehicle registration (if financing a vehicle; original retained by bank)
Any other documents as requested
Other Terms & Conditions
Credit Bureau Check (CBC): Required and paid by borrower
Witnessing: Loan agreement to be witnessed by a credit officer and borrower’s relative
Fast Processing: Streamlined approval process for most items under USD 10,000
Ideal Borrowers
Salaried employees
Small business owners needing personal items
Families with short-term financial needs
Students or parents paying for education
