Agribank provides individual and household customers with “flexi loan over credit limit” to cover the costs of production and business operation which likely to increase beyond the level originally expected.
VND, foreign currencies
short term, medium and long term
loan amount: as negotiated, customers must have equity participation of at
least 10% of the total short term capital needs and of 20% of total medium to
long term capital needs.
rate: fixed, floating
fees are scheduled whether enterprise uses over credit limit loan or not
security: with or without assets as collateral or third-party guarantor
full disbursement or in partial disbursements (multiple disbursements)
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.
Agribank uses automated system
(IPCAS) to track customer information, accounts, amounts of interest payment,
etc. with the highest security and accuracy.