INTRODUCE

Unsecured loan for salaried employees with the purpose of personal consumption

EXCLUSIVE BENEFITS

  • Interest rate from 14% p.a
  • Loan period up to 5 years
  • Limit up to 500 million VND

PRODUCT DETAILS

  • Vietnamese nationality from 18 to 60 years old
  • People residing in the area where Woori Bank branch is located or neighboring province/city
  • Labor contract of at least 01 year, working at the current organization for 6 months or more, participating in social insurance
  • Income from 5 million VND/month, receive monthly salary by bank transfer
  • Credit rating from 1 ~ 6 according to the credit rating model of Woori Bank
  • Customers are automatically approved on personal credit rating system
  • No bad debt at the time of loan

Interest rate = Base rate + Margin

  • Basic interest rate: Average interest rate for 6-month term deposits of state-owned banks (STIME)
  • Margin: from 9% ~ 20% depending on the credit scoring of each customer

Discount up to 1.0%/year when:

  • Register and activate credit card before disbursement: 0.2% reduction/year
  • Have Happy Salary account: 0.2% reduction/year
  • Buy credit insurance: 0.3% reduction/year
  • Have term deposit products (minimum balance of VND 20 million with minimum deposit term of 12 months): 0.3% reduction/year
6/12/24/36/48/60 months

PAYMENT METHODS

Payment by reducing balance
  • Principal amount: divided equally monthly
  • Interest amount: calculated according to actual outstanding balance

Eligible to pay off before due date

REQUIRED DOCUMENTS

  • ID card, household registration
  • Documents proving income: Labor contract; Work confirmation; Salary account statement
  • Documents related to the purpose of capital use: Purchase and sale contract; Receipt; Delivery records,…