INTRODUCE

Unsecured loan product for employees working at branches and companies with legal entities in Vietnam of Korean enterprises, who need unsecured loans for personal consumption purposes.

EXCLUSIVE BENEFITS

  • Interest rate at 8.9% p.a
  • Loan period up to 5 years
  • Maximum limit of 300 million VND

PRODUCT DETAILS

  • Employees working at Korean enterprises in Vietnam (including foreigners)
  • 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 60 million or more

Interest rate = Base rate + Margin

  • Basic interest rate: Average interest rate for 6-month term deposits of state-owned banks (STIME)
  • Margin: from 4.7% ~ 7.7%, based on the loan amount compared to total annual income and working time of the customer at the current organization.

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,…