Car Loan

Purchased Car (Car Ownership Card and/or Tax Paper) Hard / Soft Titled Real Estate Property
Year of Production
Any brand / New or reconditioned Acceptable for all cars
Maximum Loan Amount
Up to USD$50,000.00
Margin of Advance
55% 100% of the purchased car
Guarantor
Third Party Guarantors and/or "not"
Interest Rate
14% per annum (negotiable) 12% per annum (negotiable)
Loan Processing Fee
1% of the loan amount to be deducted at the time of disbursement of loan
Lawyer's Fee
USD$50
Registration Fee
Ministry of Transportation & Car Number, Borne by Customer
Loan Term
Up to 60 months (5 years)
Loan Repayment
Monthly equal installment of Principal and Interest
Early / Advanced Loan Repayment (full)
Waived (No penalty)
Early / Advanced Loan Repayment ( partial)
Penalty = outstanding principal amount of the loan which are repaid early x 1% x days remaining until the maturity/360
Borrower's Main Eligibility Requirements
  • Being the majors (Age 20 – 50 years old)
  • Having good history, reputation and attitude
  • Permanent resident of the city or province
  • Stable employment or self employment
  • Regular and adequate income
  • Debt Service Ratio ≥ 1.5 times
  • Collateral
Required Documents
  • Application Form
  • Copy of National ID of applicant
  • Copy of Family Book and/or Residence Book of applicant (and Guarantor)
  • Copy of Car Driving License
  • Copy of Employment contract and Original reference from the employer, stamped and signed by the authorized person
  • Salary certificate for the last 6 months stamped and signed by the authorized person
  • One of the below mentioned documents certifying permanent residence
  • Copy of Land/Property Title Deed of current residence owned by applicant or by Guarantor if the loan is guaranteed by third party
  • Copy of letter from Sangkat certifying the current residence
  • Bank Statement (for the last 6 months), if any
  • Hard/Soft title property (if the facility is secured by real estate collateral)
Insurance Requirements

Annual car insurance required insured for the value of purchased car with insurance company approved by the Bank (Forte Insurance (Cambodia) Plc, Infinity Insurance Co., Ltd or Campubank Lonpac Insurance Plc) duly insured with Banker’s clause in favor of Chief Bank.

The policy has to be submitted to bank prior to disbursement of loan.

If the car is already insured, the applicant has to provide original copy of previous insurance policy of the car to claim for discount in insurance premium.

Insurance Payment

Lump sum payment of insurance premium before the loan disbursement.

Insurance Coverage

Full Coverage (Insurance premium – to be advised by insurance company)

This policy insures your car against the risk of accidental damage, collision, fire, theft and liability to third parties for bodily injury and/or property damage.

For more information, please contact our bank experts at

  855-23-431888
  info@chiefholdings.com.kh
* Terms & Conditions Applied.
* The bank reserves the right to change the above information without prior notice.