VIB introduces its largest loan package ever, offering peace of mind to individual customers with attractive fixed-interest rates and a simple, fast, and efficient loan process. This product also supports customers with existing loans at other banks, providing special privileges from VIB.
Enjoy preferential interest rates with flexible options. With three fixed-rate packages for 6, 12, and 24 months, starting from just 5.9%, customers can rest assured about their finances without worrying about market interest rate fluctuations. In addition, customers with loans at other banks can enjoy a further 0.4% reduction in interest rates when switching to VIB. According to VIB representatives, anticipating the demand in the real estate market for the last six months of the year, and targeting high-quality customers, VIB has offered the most attractive and competitive interest rates in the market today.
Up to 48 months grace period on principal payments, quick procedures, and flexible repayment options. In addition to the industry-leading preferential interest rates, customers can also benefit from a grace period of up to 48 months on principal payments, reducing financial pressure during the initial period of home ownership. Moreover, VIB offers a further 0.4% interest rate reduction, pre-disbursement to repay existing loans at other banks, and free property valuation for customers. The bank also provides flexibility in income verification for borrowers.
To optimize the customer experience, VIB continuously enhances its approval processes and implements flexible policies. By building a robust customer database and risk management models, income verification has become faster and easier. As a result, loan approval takes just eight hours from the time of complete document submission and property appraisal. Additionally, repayment policies are adjusted to align with the financial situation and conditions of individual customers.
VIB: The top choice for retail credit products such as home loans, apartment loans, car loans, business loans, and consumer loans.
According to VIB’s leadership, the VND 30,000 billion home loan package is the largest, most advantageous, and competitive loan package ever offered by the bank, targeting high-quality customers and high-quality secured assets in the inner cities of Hanoi, Ho Chi Minh City, and other major cities. This enables high-quality customers to easily access capital at reasonable costs.
Previously, VIB successfully launched its apartment loan product, achieving remarkable results and making a significant impact in the market. The apartment loan portfolio increased sevenfold compared to the beginning of the year, contributing to VIB’s nearly 5% credit growth in the first six months. Through its apartment and home loan products, VIB aims to affirm its capability and position as the number one choice for individual customers in Vietnam. Looking back, VIB was the pioneer in transforming into a retail bank six years ago and has maintained its leading market share in car loans for many consecutive years.
The real estate market is showing positive signs in the third quarter, with interest rates at their lowest level in 20 years. This has rapidly increased the demand for retail credit, especially in the secondary home segment, where legal safety is fully guaranteed. VIB aspires to be the trusted partner of millions of families and successful young individuals, helping them realize their dreams of owning their first, second, or more homes through smart and effective financial solutions.
For more information, please contact our hotline at 1800 8180, or visit the VIB website here.
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