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Loans for Investment and Development of macadamia trees for Individual Customers
Loans for Investment and Development of macadamia trees for Individual Customers
- Products are provided at the Bank’s Branch/Transaction Office.
- Eligibility
- Features
- Benefits
- Application Criteria
- Required Documents
- Loan currency: Vietnamese Dong (VND)
- Loan method: deal by deal or credit line
- Various forms of loan: secured Loan with collateral as macadamia trees formed from loan capital
- Flexible repayment method: Principal and interest paid monthly, quarterly or term-end
- For medium and long-term loans: Principal and interest paid periodically but not exceeding 12 months/term or the repayment time is suitable for the harvest season and consumption time of products from macadamia tree
- Loan rate up to 80% of total planting and/or care costs
- Loan term up to 10 years
- Grace period for principal and interest up to 72 months
- Have financial ability to ensure repayment of principal, interest and fees within the commitment period
- Have Equity participating in the loan plan in accordance with the Bank’s regulations
- Satisfy other requirements of LienVietPostBank from time to time.
- Loan Application form and other documents.
- Other papers according to LienVietPostBank’s current regulations.
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