LOAN PRODUCTS
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Overdraft (OD)
An extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it. Basically the bank allows people to borrow a set amount of money.
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- Competitive rates
- Allows more flexibility to repay the loan Credit line granted based on predetermined limit
- No fixe d monthly installments as interest is calculated based on daily outstanding balance
- Margin of advance of up to 70%
- Speedy approval
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Fixed Loan (FL)
Fixed Loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments. Variable rate loans, by contrast, are anchored to the prevailing discount rate.
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- Competitive rates
- Loan repayment period of up to 8 years
- Monthly installments are fixed base on outstanding amounts
- Allows more flexibility to repay
- Margin of Advance of up to 70%
- Speedy approval
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Housing Loan (HL)
Build Your Dream Home with Booyoung Khmer Bank. If you need fund to build a house or purchase a new house please let me help you
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- Competitive rates
- Available for residential houses built by individuals provided progressive claims are certified by an engineer or an architect
- Monthly installments are fixed base on outstanding
- amounts
- Allows more flexibility to repay
- Loan repayment of up to 15 years
- High margin of advance of up to 70%
- Speedy approval
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Vehicle Loan (VL)
Car finance is required by both private individuals and businesses
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- Competitive rates
- Flexible repayment period of up to 60 months(Amortization/Installment)
- High margin of advance of up to 60%
- Speedy approvall
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