No | Descriptions | Services fees |
---|---|---|
1 | Approval fee |
For Lao Kip, 1% of the approval limit. For foreign currencies, less than 1% of the approval limit. |
2 | Collateral/Land Apprasial fees | |
2.1 Retail customers (below LAK 50 million) | LAK 300.000/case | |
2.2 SMEs and Corporate customers | For one land title deed, charge of 0,25% of the approval limit, min of LAK 1.000.000, max of LAK 5 million More than one land title deed, charge LAK 500.000/title |
|
3 | Fees on Loan Restructuring and Contract Amendment | 1% of the approval limit, min of LAK 2 million, USD 250, THB 8.000; max of LAK 50 million, USD 6.000 and THB 200.000 |
4 | Loan approval fee secured by deposits (Applied to PSVB fixed deposit only) | 1% of the approval limit, min of USD 30, THB 1.000; |
5 | Fee on early closing loan : 3% |
Revolving credit limit: in case the customer utilizes the credit for 3/4 within the contract period, the pre-mature closing fee is waived. Fixed term loan limit: in case the customer utilizes the credit over half of the contract period and prepaid more than 50% of the approval limit, he pre-mature closing fee is waived. |
6 | Fee on Review of Revolving Loan |
The approval limit below USD 1 million or equivalent to 0,5% of the approval limit. The approval limit above USD 1 million or equivalent to 0,25% of the approval limit. |
7 | Risk fee calculated from the 14th day of overdue date for late payment (charged after every semi-annual review) |
The approval limit above LAK 8 billion or equivalent, USD 100, THB 3.500, or LAK 850.000 per every over-14-days late payment. The approval limit above LAK 50 million or equivalent, USD 50, THB 1.750, or LAK 425.000 per every over-14-days late payment. The approval limit below LAK 50 million or equivalent, USD 25, THB 900, or LAK 220.000 per every over-14-days late payment. |
8 | Credit risk fee (charged after closing of loan account on whichever maximum of the late payment day) |
Over due payment from 14-30 days, charge 0,5% of the approval limit. Over due payment from 31-60 days, charge 1% of the approval limit. Over due payment from 61-90 days, charge 1,5% of the approval limit. Over due payment from 90 days, charge 2% of the approval limit. |
9 | Penalty Rate | 150% p.a. of the standard interest rate |
10 | Issuing a Letter of Facility Support | LAK 250.000, USD 30, THB 1.000/time |