Products & Services > Consumer Loan

Consumption Loan is for individuals intending to purchase household equipment or personal items, such as a vehicle, a computer, some furniture, a refrigerator, a television, a generator, etc. They can also use this loan to pay for tuition fees, university and post-graduate studies to enhance family's member capacity. 

Benefit

  ◾ Convenient enquirer and fast approval
  ◾ Variable interest rate
  ◾ Flexible loan tenor

Eligibility

  ◾ Borrow of 18 - 65 years old
  ◾ Legal, harmless business(not an environmentally or social damaging business)
  ◾ Monthly loan repayment capacity(Principal and Interest) 50 % of net Income

Loan Calculator

0 % per year
0 months
Please enter amount between 1000$ To 30000$.
Based on what you entered, your monthly payment could be $0

Term & Condition

No

Description

Variances

1

Loan amount

USD​​5,000

2

Loan interest rates

1.50%

3

Loan Duration

6 months – 24 months


Document Requirement

1

Copy of ID card(s), family book, Employee’s ID

2

Proof of income: from business(income/expense)from worked(salary,employment contract,name card, pay slip,bank statement,etc…)

3

Purchase documents(SPA,Invoice,receipt,delivery note,etc...)

4

Registration documents,if motor/vehicle(KC keeps original)


*** Terms and conditions are subject to change at the KC MFI sole discretion without prior notice to customer