Overdraft Loan is designed to provide working capital for business, allowing customers to withdraw an amount of money that is greater than balance shown in their current account under a pre-approved limit. This credit facility is ideal to overcome temporary liquidity shortage.  

Product Features

• Loan amount: Greater than USD 50,000 or equivalent to KHR
• Interest rate: 0.95% to 0.73% per month
• Loan term: Up to 12 months
• Repayment mode: Bullet Payment

Requirements

• The company is operating well and has regular income
• Must have a valid company identification document from the relevant ministries
• Have accurate financial statements
• Have real estate as collateral or other guarantee letters and have supporting documents to prove legal ownership

Required Documents

• Certificate of Incorporation from MoC
• Documents about the business income

Note:

• KB PRASAC reserves the right to change terms and conditions with prior notice to the client as required by law.
• Other terms and conditions apply.