Agribank offers preferential loans to customers to serve their living needs

With the desire to support more and more customers to access loans, Agribank has spent about 30,000 billion VND to implement a preferential loan program for individual customers to serve their living needs, with interest rates from only 4.5%/year.

Accordingly, the program's subjects are individual customers borrowing capital to pay for expenses for personal and family consumption and living purposes.

Applicable period from January 1, 2025 to March 31, 2025 or until program scale is reached.

Source: Agribank

In particular, the preferential short-term loan interest rate applies a lending interest rate (LSCV) lower by a maximum of 1.0%/year compared to the normal lending interest rate floor to serve Agribank's living needs, specifically: only from 4.5%/year for loans up to 3 months; only from 5.0%/year for loans over 3 to 6 months; only from 5.5%/year for loans over 6 to 12 months.

Preferential medium and long-term loan interest rates apply a fixed interest rate in the initial period (from the date of disbursement) with a minimum lending interest rate, specifically: 6.5%/year in the first 6 months (applied to loans with a minimum loan term of 24 months); 6.7%/year in the first 12 months (applied to loans with a minimum loan term of 36 months); 7.0%/year in the first 24 months (applied to loans with a minimum loan term of 60 months).

The lending method applied by the bank is one-time lending, lending according to the overdraft limit on the payment account.

Borrowers must fully meet the lending conditions according to current regulations of Agribank and program regulations.

For detailed advice on Agribank loans, customers contact the Customer Care and Support Center: 1900558818/02432053205 or Agribank transaction points nationwide.

Dinh Son

Source: https://vietnamnet.vn/agribank-uu-dai-khach-hang-vay-von-phuc-vu-nhu-cau-doi-song-2358763.html