Get a free gift from CMK by saving regularly to prepare your wedding!
Opening a Wedding Savings Plan is the best way to help you build your wedding budget little by little.
How CMK help you build a happy wedding and married life?
With CMK’s savings product, you can benefit as the following:
- Increasing capital for future wedding
- Earning high interest
- Having top security for your money
- Building capacity to get loans from CMK when needed.
How does it work?
- CMK staff will prepare several scenarios for you to select in terms of monthly deposit and duration to fit you needs (between 6 and 36 months)
- At the maturity of your Savings Plan, you will receive both your capital plus interest up to 6.00% per year
- Your money always remains available and you can withdraw it at any time without any penalty.
If you save $30 or 120 000 KHR per month:
|Term||Interest Rate in US$||Capital Plus Interest Earned ($)||Interest Rate in Riel (R)||Capital Plus Interest Earned (Riel)|
|6 Months||3.00%||182.10 $||3.50%||727,350 Riels|
|12 Months||3.50%||366.82 $||4.00%||1,271,200 Riels|
|18 Months||4.00%||557.10 $||4.50%||2,236,950 Riels|
|24 Months||4.50%||753.75 $||5.00%||3,030,000 Riels|
|36 Months||5.50%||1,171.58 $||6.00%||4,719,600 Riels|
* We offer you a gift of US$1000! What are you waiting for?
Ex: If you save $30 per month during 18 months on a WEDDING SAVINGS PLAN, you will have saved $557.27 (principal + interests) after 18 months. Then, you have acquired a “right to a Wedding Loan” up to $5,500 to finance your wedding (CMK multiply the amount of your savings per 10). Thanks to this advantageous Wedding Loan, you pay only 0.88% interests (instead of 1.50%).
Therefore, if you choose to borrow US$5,500 during 36 months, the cost of your credit will be only $1,210.53 (instead of $2,208.17 with a normal loan) and you will save almost $1,000 interests!!
Isn’t this amazing?
For further details please contact one of our 19 branches which located near your home.