Figures in our website are quoted for indication purpose only and subject to variation. Please contact our nearest branch for our services requirements and more information.
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ACLEDA Bank Lao Ltd.

 »  Products & Services  »  Credits  »  Overdraft

Overdraft

Always Let Your Transactions Work!

Though some businessmen rest at weekend, however their businesses never rest! Once there is a problem with emergency fund, we have the solution for you to keep your business going.

Overdrafts would be absolutely helpful for any emergency and unpredictable event. This service is specially tailored to meet your transactional needs and optimise your cash flow.

Currency Type, Credit Line, and Loan Period

  • Currency type: LAK, THB, and USD
  • Credit Lines are due for those loans amounting from more than LAK300,000,000
  • Loan period up to 12 months

Interest Rate

  • More than LAK300 million, interest rate is 12.00% per annum.
  • More than USD30,000, interest rate is 7.00% per annum.
  • More than THB1 million, interest rate is 8.00% per annum.

Fee Charge

  • LAK:
    • More than LAK300 million to LAK600 million, fee is 1% of loan size, and collateral evaluation fee is 2% of loan size.
    • More than LAK600 million, fee is 1% of loan size, and collateral evaluation fee is 1.5% of loan size.
  • USD:
    • More than USD30,000 to USD75,000, fee is 2% of loan size, and collateral evaluation fee is 2% of loan size.
    • More than USD75,000, fee is 2% of loan size, and collateral evaluation fee is 1.5% of loan size.
  • THB:
    • More than THB1 million to THB2.5 million, fee is 2% of loan size, and collateral evaluation fee is 2% of loan.
    • More than THB2.5 million, fee is 2% of loan size, and collateral evaluation fee is 1.5% of loan.

Requirements

  • Have a potential business with good status, legal profitability
  • Having document presenting your fixed assets, inventory card, or other effective documents to deposit as collateral
  • Have a Current Account opening with ACLEDA Bank Lao
  • Offer your income statement and balance sheet to ACLEDA Bank Lao monthly
  • Our staff will help you to fill in a loan application form which is available for free at ACLEDA Bank Lao

Note: Please contact our nearest branch or our Call Center for our services requirements and more information.

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