Loan Purpose

Term Loan to individual to support personal expenses including purchasing vacant land.

Benefit

• Long repayment period (tenor up to 10 years)
• The borrower who has no business can also get the loan
• The borrower can pay down principal of the loan without any charge.

Currency Lending

LAK, THB, USD (depending on currency of borrowers’ income)

Maximum Tenor

10 years

Interest

• 10% p.a for USD and THB
• 11% p.a for LAK

Fees

Approval Fee: 1% of the loan limit

Required Document

1) Loan Application form
2) Support Purpose of the loan

• • Loan Utilization Plan with clear evident or supporting document to justify purpose of the loan.

3) Identity Document of borrower and guarantor (if any)

• • ID Card [copy]
  • Household Registration Book [copy]
  • Passport

4) Financial Documents:

• • Bank Statement
  • Employment Certificate (if source of income is from salary)

5) Collateral

• • Title Deed of Land & Building or Vacant Land under name of main borrower or co-borrower [copy]

6) Other relevant document required by the bank