Personal Loan
Personal Loan provides individuals Salary Earner, micro and small entrepreneurs and farmer who have regular income between USD1,000 to USD10,000 per month borrow for personal financial need. Any salary earning individual can get loan amount up to 5 times of monthly salary (net salary after tax) for 36 months term. Client can apply for loan up to USD30,000 with maximum loan term 36 months by using equal monthly instalment calculation repayment method.
Interest Rates:
| Currency | Loan Size | Interest Rate | Duration |
|---|---|---|---|
| 2,000 – 10,000 | 1.30% - 1.40% | 12 – 18 months | |
| 10,000 – 20,000 | 1.30% - 1.20% | 12 – 24 months | |
| 20,000 – 30,000 | 1.20% - 1.10% | 12 – 36 months |
Terms and Conditions :
| Description | Variances |
|---|---|
| Loan amount: | USD30,000 max or equivalence to KHR |
| Loan interest rates: | 1.10% - 1.40% |
| Loan Durations: | 12 months - 36 months |
| Repayment: | Equal Monthly Instalment of Principal and Interest |
| Processing fees (one time): | 1% of loan amount approved and payable after loan disbursement |
| Debt Service Ratio (DSR) | Repayment capacity: 50% of net income |
| Collateral | No collateral |
| Witness | In general, witnessed by Credit Officer and borrower’s relative |
| Credit Bureau of Cambodia [CBC] | CBC inquiries/check is mandatory CBC inquiries is payable by borrower |
Documents Requirement
| Description | Remarks |
|---|---|
| Copy of ID card(s), family book, Employee’s ID | |
| Proof of income: from business (income/expense), salary (employment contract, Employment Confirmation Certificate, name card, Employee ID Card, pay slip, bank statement, etc...) | |
| Others |
SME Loan (Small Business Loan)
Consumer Loan
Housing Loan
Condo Loan
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