Consumer Credit for Retail Customers

Characteristics

  • Ideal for individuals with a regular income
  • Designed for purchasing household goods, electronic items, and vehicles (e.g., motorcycles)

Highlights

  • Borrow up to 50 million kip
  • Interest compounded based on the outstanding balance

Eligibility

  • Applicants must be Lao nationals residing in Laos
  • Minimum monthly income of 1,500,000 kip
  • Age limit: Up to 60 years for males and up to 55 years for females
  • No history of bad debt with other banks

Required Documents

  • Basic information about borrowers
  • Income and expenditure documentation
  • Invoices for goods from retailers

Credit Limit

  • Up to 100% of the product value

Interest Rate (Per Year)

  • Kip currency: 13% - 17%

Fees:

  • No credit approval fee

Loan Period

  • Maximum term of 36 months

Repayment

  • Monthly installments

Collateral

  • None

Note

Interest rates and fees are subject to change as announced periodically

👉 Ask for more information:

☎️ Credit Management Department Tel: 021 213200-307 (during official hours)