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 does 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 principal 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?
With our Wedding Savings Plan, you are entitled to a right to have a Wedding Loan with cmk. This loan is offered specifically to those who have saved with us. Special loan interest rate is offered.
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.
Terms and Condition applied.