This product is for customers holding savings account/savings books at VPBank with urgent needs for capital
- Loan limit: not exceeding the value of savings account/savings books
- Loan term: not exceeding the maturity period of savings account/savings books
- Currency: VND
- Repayment method: principal and interest repayment once at maturity
- Simple and quick procedures
- Loan limit can exceed the value of savings account/savings books as long as the total amount of principal and interest equals to the total repayment amount of principal, interest and fees of the loan at maturity.
- Customers can repay by their own savings account/savings books or other sources
- Customers can repay loans anytime with interest payment based on actual loan term and without before-maturity fees and charges
Conditions and application process
- Customers must be Vietnamese citizens or foreigners who are residing legally in Vietnam with full civil act capacity, civil legal capacity.
- Customers have saving books/saving accounts at VPBank or will be guaranteed by the third party
- Loan Application form
- Copy of ID Card/passport,
- Original copy of Valuable Papers