Compulsory savings

  • Goals

    Encourage and create savings habits of customers, helping to reduce risks in the lives of laborers

  • Deposit Amount

    0.25%/week or 1% monthly on loan

  • Payment term

    Customers receive all savings when paying off the loan. In case of continuing to borrow a new loan, customers can withdraw up to 50% of the balance when they need to use it, or continue to deposit and withdraw when needed.

Goals

Encourage and create savings habits of customers, helping to reduce risks in the lives of laborers

Deposit Amount

0.25%/week or 1% monthly on loan

Interest Rate

According to the current interest rate table

Payment term

Customers receive all savings when paying off the loan. In case of continuing to borrow a new loan, customers can withdraw up to 50% of the balance when they need to use it, or continue to deposit and withdraw when needed.

Saving calculator

Result

Interest repayment

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Total amount (Principal and interest)

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Note

The calculation is for saving interest rate estimation. Please contact the nearby branch to learn more.

Simple Registration

Form filling

Fill in the online registration form via the CEP Website or App.

Confirmation

CEP credit officer will contact you to confirm your needs and information to assist you in participating in CEP products and services.

Accomplish

Become a CEP customer through the support of the cluster leader or collaborator.

Register now

User profile status