Motor Loan

Motor loan (MTL) is designed to provide loan to micro-entrepreneur/ farmer/ worker or person who has to generate monthly income and wants to have their own transportation means to support their business activities and for personal use.

Loan amount and Term

Loan Amount

Term

(Months)

KHR

USD

Min.

Max.

Min.

Max.

400,000

3,000,000

100

750

3 – 18

3,100,000

8,000,000

775

2,000

3 – 24

8,100,000

12,000,000

2,025

3,000

3 – 36

                 

Condition and Requirement

  • Cambodian and aged between 18-65-year-old
  • At least 6 months of residence at the address area of Chamroeun
  • Documents required (Family book, ID card, Birth Certificate…)
  • At least one voluntary guarantor.
  • Collateral may require depending on loan size.

 

Repayment Mode:

Amortization Mode.

Interest:

The interest rate of 1.50% applies the declining method.