Product detail
Under this arrangement, loans secured by valuable papers will be extended by VRB to meet customers’ capital demand
Benefits
Loan term is defined suitably with demand and does not exceed the maturity period of value papers/saving book
Payment method: monthly, quarterly, yearly based on agreement between VRB and customer
Diversified lending methods and high lending limit based on the customer’s demand and collaterals’ value
Application criteria
- Customers have demand of loan in accordance with the rules of law and VRB
- The value papers/saving book legally belong to customer or third party and do not mature
Procedure
Completing the loan procedure under the guidance of VRB
1
Receiving information of loan approval
2
Getting disbursement
3
Required documents
Legal documents
- 01 copy of valid ID/Passport of borrower and co-owner/third party in case collateral is shared by co-owner/third party
Loan documents
- Original valuable paper/deposit book
- Loan plan (according to VRB form)
Calculation
Input information
Lending amount
Term (months)
The expected rate (% / year)
Calculate
Loan chart
Output information
Monthly repayment plan
This tool is used for reference
Apply
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