INTRODUCE
Unsecured loan product for employees working at companies listed on Vietnam stock exchange, who need unsecured loans for personal consumption purposes
EXCLUSIVE BENEFITS
- Interest rate at 12% p.a
- Loan period up to 5 years
- Maximum limit of 300 million VND
PRODUCT DETAILS
Who can apply
- Employees working at companies listed on Vietnam stock exchange
- People residing in the area where Woori Bank branch is located or neighboring province/city
- Have signed an indefinite-term labor contract or worked at the same enterprise for at least 06 months at the time of loan application
- Total annual income from 80 million or more
Loan interest rate
Interest rate = Base rate + Margin
- Basic interest rate: Average interest rate for 6-month term deposits of state-owned banks (STIME)
- Margin: from 7% ~ 10%, based on the loan amount compared to total annual income and working time of the customer at the current organization.
Loan period
06 months – 60 months
PAYMENT METHODS
Payment by reducing balance
- Principal amount: equally divided 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,…