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In addition to online lending institutions like Techcombank and VPBank, you can join Mytour to learn about the procedures, requirements, and interest rates, as well as how to register for online loans with Sacombank to make an appropriate borrowing choice.
Sacombank online loans do not require collateral
1. Types of Online Loans Offered by Sacombank
To meet customer demands, Sacombank offers various online loan packages with competitive interest rates such as:
* Consumer Loans Based on Salary
- Loan limit: Up to 16 times the salary.
- Loan term: From 12 - 60 months.
* Consumer Loans for State Employees
- Loan limit: Up to 400 million VND depending on job position.
- Loan term: From 12 - 60 months.
* Retirement Consumer Loans
- Loan limit: Up to 200 million VND.
- Loan term: Up to 5 years.
* Personal Spending Overdraft
- Loan limit: Flexible. Personal spending overdraft is 4 times the income transferred to the Sacombank account. Overdraft against deposits is up to 100% of the deposit amount in Sacombank, and overdraft for production and business is up to 50% of the average monthly balance.
- Loan term: From 12 - 60 months.
* Unsecured Loans for Buying Motorcycles
- Loan limit: Up to 90% of the motorcycle value.
- Loan term: From 12 - 48 months.
* Loans for Market, Commercial Streets
- Loan limit: Up to 300 million VND.
- Loan term: Flexible.
* Unsecured Loans for Small Market Traders
- Loan limit: Up to 1 billion VND.
- Loan term: Flexible.
* Quick Consumer Loans
- Loan limit: 70 million VND.
- Loan term: 5 years.
You can contact Sacombank's hotline to inquire about the details of each loan package.
2. Requirements, procedures for online loans at Sacombank
Sacombank also outlines the conditions and procedures for online borrowing to help you determine if you meet the bank's requirements and prepare the appropriate documentation when needed.
* Conditions
- Must be a Vietnamese citizen aged 20 - 60. For retirement loans, must be 60 years old or above.
- Reside and work in areas where Sacombank branches or transaction offices operate.
- Borrow funds for legitimate purposes, in compliance with the law.
- Stable income, at least 5 million VND per month.
- No bad debts.
- For salary-based loans, customers must have worked for at least 1 year.
- For customers applying for unsecured business loans, they must have been engaged in trading or business for at least 1 year, and hold a business operating license.
* Loan Application Procedures
- Sacombank loan application form.
- Copy of identification card/citizen identification card/passport, both original and copy.
- Copy of household registration book/temporary residence book, both original and copy.
- Proof of employment such as employment contract, salary slips.
- Documentation of loan purpose.
- Other documents as required by the bank.
- See more: How to apply for online loans with NamABank
3. Interest Rates for Online Loans with Sacombank
Depending on the loan package and the credibility of the loan application, interest rates will vary, calculated based on the principal balance. Specifically:
- The interest rate for retirement consumer loans and consumer loans for state employees is only 11% per year.
- The interest rate for quick consumer loans and consumer loans based on salary starts from 0.8% per month.
Note: These are only the interest rates for online loans. Additional fees such as document appraisal fees, consulting fees, insurance, etc., may apply. Therefore, it's essential to consider carefully before borrowing.
4. How to Apply for Online Loans with Sacombank
To apply for an online loan with Sacombank, follow these steps:
- Step 1: Access Sacombank's loan page HERE.
- Step 2: Fill in the form with details such as Name, Phone Number, Gender.. then click 'Continue' as shown below.
- Step 3: Now, you'll enter income, expenses, and debts then click 'Continue'.
- Step 4: You'll then fill in the corresponding fields as requested regarding credit needs and click 'Apply for a loan'.
- Step 5: Once completed, simply wait for the bank to contact you and follow their instructions to access Sacombank's capital.
Above is the process of applying for online loans with Sacombank along with procedures and conditions. We hope you've found this information helpful in selecting the most suitable loan package.
