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
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

Step 1

Customers fill in the savings registration form on the Website.

Step 2

After receiving the customer’s registration file, CEP will check the information and contact the customer again to confirm the information and guide the deposit procedure.

Step 3

Schedule an appointment with the Customer at the Branch/Transaction Office to receive savings from the Customer.

Step 4

Customers receive monthly savings interest, and can actively monitor regularly through App CEP.

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.