Summary
This product is the loan in FCY (not LCY).
(FCY loan with LCY option is the product that provides the option to convert into LCY at the request of the client.)
(FCY loan with LCY option is the product that provides the option to convert into LCY at the request of the client.)
| Recipient | Corporate client/sole proprietor |
| Amount | Within required amount. |
| Repayment Method | Lump-sum repayment at maturity/Installment repayment of principal/Installment repayment of principal and interest. |
| Measures against failure of repayment | Measures are taken according to the Transaction Agreement of each client and the Basic Terms and Conditions on Credit Transaction. |
| Loan period | Proper term is set considering purpose of loan, repayment capability and contribution to profits, etc. Within the period combining the grace period and the repayment period, the loan period is determined. |
| Applied interest rate |
Spreads based on cost of credit/business cost/comprehensive expenses are added to the cost of funds. The types of interest rate is fixed rate and floating rate. Fixed rate means that the rate cannot be changed until the date of loan maturity in principle. On the other hand, floating rate means that the rate can be changed according to the change of market rate or notified rate. As for more details, please refer to the Agreement on Credit Line Transaction. (Please consult with the relevant branch regarding specific interest rate.) |
| Requirement of Collateral | It is determined in the process of analysis on credit provision. |
| Other expenses |
Stamp tax: in accordance with the Stamp Tax Act Other expenses are set according to the fee standard of CKI. |
The above-mentioned contents are effective until the notification on the end of product sale.
Inquiry & Consultation
- - Please contact the relevant branch for more details.
