For Cambodia moving to work in South Korea
This loan can help offer the necessary funds to prepare yourself as you transition into working in Korea. To make things even easier, we offer competitive interest rates and a fast approval process so that you can put your mind at ease.
Key Benefits
Choose to pay only interest for up to six months.
Deposit money for monthly payments through Jeonbuk Bank of Korea (instant payment).
Jeonbuk Bank accounts can make payments via KHQR to all Bakong member banks in Cambodia.
No fees charged for money transfers from Jeonbuk Bank to PPCBank.
CONDITIONS
Currency | KHR and USD |
---|---|
Loan Amount | KHR 4,000,000 Up to KHR 40,000,000 Or USD 1,000 Up to USD 10,000 |
Loan tenor | Up to 24 months |
Interest Rate | 14.50 / Year |
Repayment Mode | Amortization / Installment |
Collateral | Not Required |
Requirements
Be at least 18-years-old
National ID Card or Valid Passport
Family Record Book
Birth Certificate
Employment Certificate
Medical Report
Guarantor Required
TO APPLY
Finished the training course at the National Polytechnic Institute of Cambodia (NPIC)
Have an official contract (from Ministry of Labor) for a job with a Korean company to make sure you are going to move and work in Korea
Be a resident with a valid address
Demonstrate the ability to pay back PPCBank