Individual and household customers having transaction accounts at Agribank can choose to use “commercial overdraft”.
Main features
-
Customers
have the flexibility to draw extra money from transaction account
-
Currency:
VND, foreign currencies
-
Maximum
loan term: 12 months
-
Loan
amount:
-
Interest:
fixed, floating
-
Loan
security: with or without assets as collateral, by guarantee
-
Repayment
of principle and interest: automatically on deposit accounts
-
Overdue
penalty: overdue interest rate is 150% on due interest rate
Delivery channels
-
Direct
mail, branches/transaction offices, ATM’s, Mobile Banking, Internet Banking
Technology applied
-
Agribank
uses automated system (IPCAS) to track customer information, accounts,
signatures, photos, amounts of interest payment, etc. with the highest security
and accuracy.