Benefits:

-          Loan term up to 12 months

-          Loan amount up to 70% investment value

-          Flexible lending rate for each customer’s conditions

-          Various payment terms for customers’ choice: installments payment quarterly and monthly.

Conditions:

-          Residents at the same location where VIB Bank branches are based;

-          Have fully civil and legal capacity;

-          Have potential finance and a feasible plan for loan repayment;

-          Collateral:

·         Saving account, deposit and other valuable paper at VIB Bank and other banks.

·          Other properties (not the property getting from the loan)

Documents:

-          Copy of ID card or equivalent legal certificates

-          Copy of Permanent/Temporary residential certificate;

-          Completed VIB Bank’s loan application form;

-          Copy of related contract, selling invoice, payment receipt…;

-          Proofs for financial capacity and repayment plan;

-          Copy of legal propriety certificate of security and other required documents.