Agribank introduces the credit product of “Loans for farmers in accordance with Decision 67/1998/QD-TTg” to individuals or households who are in need of loans for agricultural and rural development and for expenses of business operation.
short term, medium term, long term
amount: customers must have equity participation of at least 10% of the total
demand for short-term loans and 20% of the total demand for medium and long
security: with or without assets as collateral or third-party guarantor
full disbursement or multiple disbursements depending on customer needs.
of principle and interest: single or multiple principle payment, monthly
repayment on interest or regular repayment as negotiated.
before term: interest calculated from the date of borrowing to the date of
repayment. Total fees paid before the term is stated in the contractual
branches/transaction offices or E-banking.
uses automated system (IPCAS) to track customer information, accounts, amounts
of interest payment, etc. with the highest security and accuracy.