LOAN FOR DEVELOPING AGRICUTURAL ECONOMY
“Loans for developing agricultural economy” is a credit product designed for customers to get loans to implement economic development project/plan in rural areas.
Target customers and Conditions:
Vietnamese individuals, households, cooperatives
Non-state owned enterprises
Having a purpose of loan utilization for projects in rural areas (not in areas of Hanoi, Hai Phong, Da Nang, HCMC)
There are secured assets, mortgaged assets to be used as collaterals of the borrowers or the guarantor.
Type of currencies: VND
Loan term: min 12 months – max 60 months
Loan amount: depend on customer’s demand for loan and solvency. Max 85% of the project cost.
Repayment method: monthly interest payment and the principal shall be paid at term-end (short-term loan) or monthly, quarterly interest + principal payment
Loan application form: according to ACB’s form
Legal documents: ID card/passport, house registration book/temporary resident permit, marriage certificate/certificate of single status of the borrower and the guarantor (if any).
Documents to certify the purpose of loan utilization and the solvency
Ownership certificate of collateral
For further information and instruction, please contact us at any ACB’s branch/sub-branch or CallCenter247 at +848-38247 247 or 1800 577 775 (toll free).