A loan released to borrowers guaranteed by fixed deposit pledge with ICBC Phnom Penh Brach.
High credit line: the ceiling of credit line is up to 90% of the pledged deposit;
Long loan tenure: up to three years;
Revolving Loan: pledge once, use on revolving basis, borrow and repay anytime, fast and convenient.
☆ Application Conditions
1. Cambodian natural persons with full civil capacity and permanent address and stable job;
2. Borrower's loan purpose must be in compliance with the Laws, Regulations and policy rules. Borrowers shall warrant not to invest the loan proceeds in securities market, futures market, for real estate development or equity capital investment, nor to acquire illicit income;
3. Providing guarantee with pledge recognized by ICBC;
4. Personal settlement A/C opened in ICBC;
5. Other conditions stipulated by ICBC.
☆ Documentation Required
1. Borrower's and spouse’s valid identity document, valid identity document of the third person must also be submitted if the loan is secured by third person's deposit pledge;
2. Loan application;
3. Certificate/statement of loan purpose;
4. Other documentation required by ICBC.
☆ The above is for reference only. Details refer to the rules drawn up by ICBC Phnom Penh Branch. To save your time, please consult ICBC Phnom Penh Branch before applying for the service.