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Each bank has its own regulations regarding documents and procedures for borrowing money. To borrow money from Vietcombank conveniently and quickly, you need to prepare the following documents and procedures.
Efficient registration for borrowing money from Vietcombank
What documents and procedures are needed for borrowing money from Vietcombank?
Borrowing money from Vietcombank comes in various forms, each with different procedures and borrowing conditions, specifically including:
1. Real estate loans
* Outstanding features of this service:
* Outstanding Features of the Service:
- Suitable for various customer needs.
- Convenient and fast loan procedures.
- Numerous benefits available.
- Competitive interest rates.
* Required Documents and Procedures for Vietcombank Loans
- Personal identification documents: ID card/passport, household registration book/residence permit.
- Documentation of capital use purposes.
- Loan request form provided by the bank.
- Proof of income.
- Documentation of collateral.
3. Personal Account Overdraft
* Features
- Credit limit up to 30 million dong valid for 12 months.
- Overdraft available at Vietcombank branches and establishments accepting Vietcombank cards nationwide.
- Interest repayment aligned with actual overdraft date.
- Control over withdrawal and loan repayment activities at Vietcombank through services like VCB SMS-B@nking and VCB-iB@nking.
* Documentation and Procedures for Vietcombank Loans
- Submit a request for overdraft limit and commit to repaying debts as per the template.
4. Auto Purchase Loans
* Features
- Loan amount up to 70% of the vehicle value if secured by the intended vehicle or up to 100% if secured by other assets.
- Expedited application processing within 1 - 3 days.
- Loan term up to 5 years.
- Competitive interest rates and reducing balance method.
- Control over withdrawal and loan repayment activities at Vietcombank through VCB SMSB@nking or VCB-iB@nking service.
* Required Documents and Procedures for Vietcombank Loans
- Identification card (or ID card/passport), household registration book (or KT3)
- Vehicle purchase contract
- Deposit receipt or payment voucher (if available)
- Marriage certificate (or single status certificate)
- Proof of income
- Documentation of collateral
- Loan request form provided by the bank.
5. Secured Securities Loans
* Features
- The loan limit is 3 billion VND per customer. The lending ratio for each pledged security is up to 40%.
- Various forms available for adding collateral.
- Loan disbursement and repayment can be done in installments, with the principal and interest paid back at the end of the term.
- Quick and convenient loan procedures.
- Competitive and fixed interest rates.
* Required Documents and Procedures for Vietcombank Loans
- Identification card (or ID card/passport), household registration book (or temporary residence permit of yours or a third party with collateral for the loan)
- Loan request form along with pledged securities/debt acknowledgment/repayment agreement (as per the template)
- Documentation of collateral.
6. Business Loans
* Features
- Loan limit up to 100% of the collateral value.
- Flexible and convenient loan options according to each limit.
- Competitive interest rates and transaction fees.
- Flexible repayment options.
- Ability to overdraft along with consumer overdraft limit.
- Simple and quick loan procedures.
* Required Documents and Procedures for Vietcombank Loans
- Identification card/passport, household registration book/temporary residence permit (KT3) of yours or the legally authorized representative according to the law of the business household.
- Loan request form and business plan along with repayment plan template provided by Vietcombank.
- Tax receipt (if available)
- Business registration certificate, professional practice certificate (if available)
- Documentation of collateral.
7. Pledged Loans for Valuable Documents
* Features
- Valuable documents for pledging include government bonds, treasury bills, promissory notes, savings passbooks, bonds, deposit certificates, fixed-term deposit accounts issued by credit institutions.
- Loan limit up to 90% for valuable documents issued by other organizations or 100% of the value for documents issued by Vietcombank.
- Loan term: Not exceeding the remaining term of the valuable document (except for documents issued by Vietcombank)
- Flexible interest rates and repayment methods.
- Approval time is 1 hour for documents issued by Vietcombank, and 2 hours for documents issued by other organizations.
- Fast and streamlined procedures.
- Currency for loans is VND.
* Required Documents and Procedures for Vietcombank Loans
- Identification card/passport/residence permit.
- Original valuable documents.
- Credit contract and loan request, commitment to repay debt along with the pledge contract as per the template.
- For valuable documents issued by other organizations, the original confirmation from the issuing authority and authorization letter for withdrawal.
8. Overdraft against Valuable Documents
* Features
- Overdraft limit ranges from 5 million VND to 100% of the savings book value or the value of valuable documents at the time of overdraft (maximum 500 million VND).
- Currency for overdraft: VND.
- Overdraft term: Within 12 months from the effective date of the overdraft and pledge contracts.
- Processing time: 2 hours.
- Overdraft interest rate: Interest rate for loans against valuable documents.
- No requirement for collateral registration for pledged valuable documents to secure overdraft limits for customers.
Essential Documents and Procedures for Vietcombank Loan Applications
For Vietcombank loan applications, prepare photocopies of your ID card, household registration book, or passport. Include original documents verifying any collateral if applicable.
With the current high demand for bank loans, understanding the necessary procedures and paperwork for a smooth loan application process is vital. Explore the required documents and procedures here for Vietcombank loan applications.
Similar to Vietcombank, Techcombank also requires specific procedures and documents for loan applications. Discover the necessary paperwork and procedures to expedite your loan process with our Techcombank loan guide.
