Market Business Loan
HTML clipboard
1. Introduction:
Thanks to the product of Market Business Loan
provided by DongA Bank, small traders will be no longer
under the pressure of "quick loan" when they need more
capital for trading. At present, DongA Bank is the only bank providing this
service to support the demand of capital for small traders, with
optimal credit limit and competitive interest rate.
2. Description of product
-
Credit limit: Maximum 50 million dong.
-
Type of currency: VND
-
Interest rate: According to current
regulations by DongA Bank.
-
Loan term: From 30 - 180 days (maximum 30 days for
a debt receipt time)
-
Method of debt: Daily debt payment
(principal + interest).
-
Backing assets: Stall use right.
3. Eligible customers and application conditions
-
Small traders in all markets (in the same area
as DongA Bank Branches, which are approving the market business loan).
-
DongA Bank directly lend small
traders under supervision of Market Management Board.
4. Loan application procedure
-
Loan application form and dent
receipt contract (DongA Bank sample)
-
Copy of ID card & Family record
book/KT3 of the individual borrower.
-
Copy of stall ownership
-
List of small traders for loan
borrowing
certified by Market Management Board, in which the address,
ownership and value of stall will be confirmed by Market
management board. .
5. Contacts:For
enquiries or further
instructions, please contact:
|