Loan

Machine and Device Investment Loan

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1. Introduction:

You are in need of capital to invest in machinery and equipment for business ventures, expansion of production and service...etc. With the service of Machine and Device Investment Loan, DongA Bank will support your expenses with a loan up to 70% of investment costs, helping you to develop your business and nurture future prosperity


2. Description of product

  • Credit limit: Depending on demand, scale of business, debt payment capability, maximum 70% of investment cost and mortgage assets value.
  • Type of currency: VND
  • Interest rate: As provided by DongA Bank at each time.
  • Loan term: Maximum 60 months
  • Method of debt payment:  Term-end payment of principal , monthly payment of interest  relative to the account outstanding.


3. Eligible customers and application conditions

  • Customer is Vietnamese citizen, having production and trading basement, being an individual trading household, small trader etc with certificate of business registration.
  • Having clear business purpose, feasible business solution..
  • Having legal purpose for loan use..
  • Having financial capability to repay  of debt and a part of capital contributing to project.
  • Having mortgage assets of the borrower or guarantee of the relative.


4. Procedures of loan borrowing:

  • Loan application form (DongA Bank sample).
  • Business method and investment project.
  • Copy of ID card & Family record book.KT3 of the individual borrower.
  • Copy of Certificate of business registration, Certificate of business qualification or Certificate of individual household
  • Documents relating to loan use: Contract for purchase of machine and device, invoice etc.
  • Financial statement, VAT declaration or tax payment receipt, business reports.
  • Copies of documents relating to mortgage assets.

 

5. Contacts:

For enquiries or further instructions, please contact:


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