Detail

RELEASED DATE
04 Jun 2024

BIDV has launched short term and medium - long term credit packages totaling VND 200,000 billions for retail customers serving business and consumption purposes. With preferential interest rate from 4.5% p.a. only, the two packages are offered from now to 31 December 2024.

VND 100,000 billion short-term business loan package

Accordingly, the short-term business loan package with preferential interest rate is offered until 30 April, 2024 with the following details:

Loan term	Minimum lending rate
For loans of < 6-month term	5%/year
For loans of 6-12 month term	6%/year

Customers who apply for green business loan towards sustainable development and satisfy the requirements below will be eligible for preferential interest rates from 4.5% p.a. only for short-term loans (less than 12 months) and from 5.5% p.a. for medium-long term loans (12 months or longer):

- Retail loans for installation or trading of rooftop solar/wind energy products; or

- Retail loans for realizing business plans (including fixed assets and working capital)/trading products and services that meet one of the following conditions:

+ Holding a domestic or international certificate of good farming, animal husbandry and aquaculture practices (VIETGAHP, VIETGAP, GLOBALGAP, BAP), or

+ Holding a domestic or international certificate of safe food supply chain standards (VIETGAP, GLOBALGAP, ISO 22000, HACCP, GMP, SQF), or

+ Holding a domestic or international certificate of good seafood processing standards (VIETGAP, GLOBALGAP, SQF, ASC, HACCP, GMP, ISO 22000), or

+ Holding an OCOP certificate, or

+ Meeting national standard on organic farming and animal husbandry (TCVN 11041:2017), or

+ Meeting national standard on environmental management system 14001, or

+ Achieving Vietnam Ecolabel or Environmental Label following TCVN ISO/TS 14027, or

+ Holding equivalent certificates/labels issued by international organizations and countries that have signed mutual recognition agreements with Vietnam.

VND 100,000 billion medium & long-term consumer loan package

Customers who apply for medium & long term loan for purposes such as house purchase, car purchase, consumption, and business purpose collateralized by real estate will be eligible for preferential interest rates from 6% p.a. with the following details:

Minimum lending rate	Minimum loan term
6% p.a. in the first six months from the first draw-down under the credit package	36 month
6% p.a. in the first 12 months from the first draw-down under the credit package	36 month
6% p.a. in the first 18 months from the first draw-down under the credit package	60 month
6% p.a. in the first 24 months from the first draw-down under the credit package	60 month
7% p.a. in the first 36 months from the first draw-down under the credit package	60 month

Notes: Lending interest rates are subject to change based on loan size and locations, etc.

With a loan term of up to 30 years and loan limit of up to 100% of capital needs, BIDV is always willing to support and advise customers on the most preferential loan packages.

For advice on the most suitable loan package, please contact your nearest BIDV branch or call BIDV Call Center via Hotline 1900 9247.