Product detail
To meet the demand for Vietnamese individuals who need money to cover for expenses while working abroad according to the contract
Benefits
Supporting maximum the capital demand depending on customers’ requirements and capacity to pay back loans
Enjoy competitive interest rate; simple & quick procedure & the best service quality of VRB
Application criteria
- Customers fully meet the conditions of loan under the current regulations of VRB for retail credit
- The contract signed between worker and service enterprise in the sending of worker abroad
- Certificate of service on the worker recruitment
- The guarantor or worker have to open current account at VRB to pay the debt for bank
- The loan should be adequately collateralized & have no bad credit history with any credit organizations
Procedure
Required documents
Legal documents
- A verified copy of valid ID/Passport, household book, long-term temporary residence book (if any) of customer & spouse (if married);
- A verified copy of marital certificate or bachelorhood certificate.
Loan documents
- A notarized copy of all passport pages of Vietnamese expatriates;
- Lending plan (according to VRB's form);
- Documents proving ability to repay;
- Documents proving purpose of loan;
Calculation
Monthly repayment plan
This tool is used for reference
