Everyone looks forward to owning and renovating their dream home. It is now within your reach and buying that house is possible with a Micro Home Improvement Loan. You can use it to build a house, improve/ renovate your home, set up a sanitary system and purchase land/ home to match your desired living standard.
| Loan Amount | Rate (Monthly) | Tenor (Month) |
|---|---|---|
| USD 100 - USD 5,000 or KHR 100,000 - KHR 20 million | 1.4% - 1.5% | 6 - 60 |
| > USD 5,000 – USD 10,000 or > KHR 20 million – KHR 40 million | 1.3% - 1.5% | 6 - 66 |
| > USD 10,000 – USD 20,000 or > KHR 40 million – KHR 80 million | 1.25% - 1.5% | 12 - 72 |
| > USD 20,000 – USD 40,000 or > KHR 80 million – KHR 160 million | 1.15% - 1.4% | 12 - 84 |
| > USD 40,000 – USD 70,000 or > KHR 160 million – KHR 280 million | 1.05% - 1.3% | 12 - 120 |
Principal Grace Period: Up to 06 Months
Repayment Method: Flexible Repayment Options
Conditions are subject to change, at the Bank’s sole discretion, without prior notice to customers.
Calculator
Result:
| Annual Interest Rate | Total Net Earned Interest | Total Deposit Amount | Total Amount at Maturity Date |
|---|---|---|---|
| 4.75% | 286.25 | 11,757.79 | 12,044.04 |
Payment schedule:
| No. | Earned Interest | Tax | Net Earned Interest | Monthly Deposit |
|---|---|---|---|---|
| 1 | 4.75% | 4.75% | 4.75% | 4.75% |
- Between 18 and 65 years old.
- Cambodians who are Self-employed/Salary workers and living in Phillip Bank’s operating area
- A profile with no criminal record
- Running a legal, harmless business (not an environmentally or socially damaging business).
Valid Identification documents
- NID/Passport
- Staff ID
- KYC documents
Business and Income Proof
- Certificate of business existence
- Relevant financial documents
- Bank account statement
- Salary slip
Other Requirements
- Real estate property document (Soft or Hard Title)
- A cash deposit (Savings Account/ Current Account/ Term Deposit Account within the Bank)
