House Construction & Renovation Loan

•  Loan amount: Maximum 100% of the estimated value of house construction/renovation for loans for house construction/renovation) and 70% of estimated value of rental house construction/renovation.
  Loan term: Maximum 120 months.
  – Currency: VND
  – Loan interest rate: According to the Bank’s regulations at the Loan time
  – Repayment method: Monthly interest payment, periodic principal payment (monthly/quarterly or other term)

• Maximum repayment grace period of up to 12 months (for rental house construction/renovation loans).
  Competitive interest rates/fees
  Fast processing time

– 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.

• Step 1: Customers contact LienVietPostBank Branch/Transaction Office for advice and guidance on loan procedures
• Step 2: LienVietPostBank conducts credit appraisal and notify the results to Customers within the prescribed time.
• Step 3: Customers enter into the contract, complete the relevant procedures and receive the loan disbursement