Phnom Penh, 26 July 2023: PRASAC, the largest microfinance institution in Cambodia with the strong shareholder KB Kookmin Bank from Korea, has offered special interest rate up to 4% per annum for Digital Account which customer can open instantly via PRASAC Mobile Banking app right on mobile phone without the need to visit a branch, providing unparalleled convenience and flexibility.
Customers, aged up from 16 years old with valid Cambodian National Identification Card, can open PRASAC Digital Account without initial and minimum balance. However, the more outstanding balance the customers maintain in Digital Account, the higher interest rate they will receive. The offer is eligible for existing and new customers of Digital Account.
The Interest Rates of Digital Account:
| KHR | #colspan# | USD | #colspan# |
|---|---|---|---|
| Amount | Interest Rate | Amount | Interest Rate |
| ≤2,000,000 | 1.50% | ≤ 500 | 1.50% |
| > 2,000,000 – ≤4,000,000 | 2.50% | > 500 – ≤ 1,000 | 2.50% |
| > 4,000,000 – ≤12,000,000 | 3.00% | > 1,000 – ≤ 3,000 | 3.00% |
| > 12,000,000 – ≤40,000,000 | 3.50% | > 3,000 – ≤ 10,000 | 3.50% |
| > 40,000,000 | 4.00% | > 10,000 | 4.00% |
With Digital Account, customers can check account balance, receive and transfer funds within PRASAC and across banks, scan KHQR to transfer funds or pay bills of water, electricity, solid waste and education fee, top up phone and other transactions.
Don’t wait! Open Digital Account now to get such benefits by downloading PRASAC Mobile Banking app from the Google Play Store or Apple App Store.
For more information, please visit Digital Account