TOP-UP - ADDITIONAL LOAN INCENTIVES FOR EXISTING BORROWERS AT VRB

In order to optimize the consumption and business needs of customers, Vietnam - Russia Joint Venture Bank (VRB) officially launched the product “Lending on a declining balance – Top-up lending” with an attractive interest rate of only 6.88%/year, simple procedures and quick approval time. Specific information is as follows:

Customers:
- Individuals with medium and long-term loans at VRB are mortgaged with real estate that has been issued with a certificate of house ownership/land use right.
- Have paid at least 6 repayment periods for the original loan.
Product Features:
- Borrowing more on the paid balance of the original loan to meet legitimate business and consumption needs. Specifically: - Loan amount: up to equivalent to the paid balance of the original loan.
Loan term: Up to 5 years.
Product utility:
- Attractive loan interest rate, only 6.88%/year.
- Simple loan documents (just provide documents to prove the purpose of using capital), flexible procedures.
- Fast approval time (maximum 08 working hours).
Loans profile:
- The plan to use the loan according to the model of VRB.
- Documents proving the purpose of using capital: Contracts, invoices, receipts...
- Legal, financial and collateral records: only added when there is a change.

For any information that needs support, please contact VRB Branch/Transaction Office (details here) or Hotline (free) 1800 6656