Loan currency:
- VND
- Foreign currencies
- Gold
Target customers:
- Vietnamese individuals
- Foreigners
Loan conditions:
- Permanent or long-term temporary registration in cities, provinces where Sacombank’s Head Office and transaction points locate
- Adequate civil capacity. When undertaking civil transactions in Vietnam, foreigners’ civil capacity are based on Vietnamese law.
- Stable income resource to make sure the repayment when the loan comes due
- Specific or gathered business venue
- Loan secure property or being guaranteed by third party having loan secure property
- Legal utility purpose of the loan
Interest rate: Applicable interest rate periodically promulgated by Sacombank
Credit line:
- Based on capital demand, contributed capital, solvency, secure property value, lending capacity to determine credit line
- 70% of value of property/ product/ service for which customers have demand at maximum
- For consumption: VND 100 million/ customer at maximum
- For small business: Officers: VND 300 million/ customer at maximum
Loan term:
- By time
- By issuing credit card
Loan method:
- By time
- By issuing credit card
Repayment method:
- Pay in depreciating debt balance, periodically (weekly or quarterly)
- Pay in installment
Loan application files:
- Loan application form of Sacombank
- Identification Card, registration book of borrower and spouse
- Business registration certificate, business license, work permit
- Loan utility and repayment plan
- Documents related to secure property
Benefits:
- Using Phone banking, E-Sacombank services for free