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Housing Loan |
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| Product
Features |
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| Loan
Amount Range |
USD
10,000 to USD 100,000 but not more than 60% of the appraised value
of the collateral |
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Loan
Terms |
Flexible
between 6 to 60 monthly amortizations |
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Interest
Rate |
At prevailing
rate at the time of loan booking |
| Form
of Payment |
At applicant's
option of Automatic Devit or over the counter cheque |
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| Purpose |
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Purchase of lot and construction of house |
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- Construction
of house only |
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- Renovation
of existing house |
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| Term |
Maximum
of 5 years for term loan, and |
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One
year for Credit Facility but renewable every year up to 5 years. |
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Pre-qualifying
Condition |
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| The product is available to individual Borrowers with fixed monthly
income. |
| The Borrower establishes or maintains an account with the Cambodia Asia
Bank. |
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Other Requirements |
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National Identification
Card or Passport
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Certificate of Employment, if employed, stating the number of years
in service and the present gross annual salary exclusive of other
monetary benefits bonus, commission, etc.)
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Real property or chattel duly registered in the Borrower's name
and corresponding insurance cover, if any.
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Police Clearance or Certificate of Good Character from Community
Leader and copy of Credit Card(s), if any.
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If business proprietor, certified copies of Certificate of Business
registration, latest audited Financial Statements, Business Permit
or License
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Other collateral documents that the bank may require.
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Accomplished Application Form
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Card distributor's provisional invoice for Brand New Vehicle)
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Clean Original Certificate of Registration for Pre owned or Used
Vehicle)
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(1) For Individual (Business of Personal) |
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- National Identification Card or Passport
- Certificate of Employment, if employed, stating the number of years
in service and the present gross annual salary exclusive or other
monetary benefits (bonus, commission, etc.) or
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Pre-qualifying requirement: |
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The Borrower establishes or maintains an account with the Cambodia Asia
Bank. |
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Requirements |
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- Properly filled-out Application Form
- Owner's Copy of Certificate of Title
- Vicinity or location map.
- Copy of Marriage Certificate, if application is married.
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For employed applicants:
Combined Certificate of Employment & Compensation
stating annual salary/ Income Tax Returns/ Copy of valid identification/
Police Clearance or Certificate of Good Character from Community
Leader and copy Credit Card(s), of any.
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For self-employed applicants: Business Registration/ Corporate Documents/ Audited
Financial Statements (past 2 years)/ In-house Financial
Statements (past
2 years)/ Income Tax Returns/ Company's List
of Major Suppliers
and Customers (with at least 2 names of
contact person for each)/
Copy of valid personal identification/
Police Clearance or Certificate
of Good Character from
Community Leader and copy of Credit Card(s),
if any.
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Back...ØØØ |
