Retirement Credit is the first credit product for Individual Customers who are entitled to a monthly pension with the aim of supporting flexible financial resources for consumption needs of individuals and their families.
Eligibility
Features
Benefits
Application Criteria
Required Documents
Individual Customers are retirees who are entitled to a pension according to the provisions of the Law and those who lose their working capacity (reduced working capacity) are paid a monthly Social Insurance allowance.
Loan currency: VND
Loan amount: depends on loan demand, valuation of collateral and customer’s ability to repay
Loan term: Maximum 05 years and Customer’s age at the time of maturity must not exceed 75 years old.
Loan method: deal by deal
Interest rate: According to LienVietPostBank’s regulations from time to time.
Repayment method: according to the decreasing principal balance/original principal balance/annuity.
Meet the loan needs of retired customers who are entitled to pensions and those who lose their working capacity (reduced working capacity) are paid a monthly
Social Insurance allowance (SI) in accordance with the provisions of law.
High loan limit.
Loan term up to 60 months
Simple loan process
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.
