Loan for House Innovation, Construction, Interior Decoration

1.    Facility features

Timely meeting customer’s needed capital sufficient for house or business premises innovation, construction, interior decoration etc
Competitive credit rate.
Simple and fast procedure helps customers save time in transactions.
Simple conditions and documents required.
Flexible measures of security.
Our professional and experienced staff will offer free advices and recommend clients to choose the most efficient loan proposals.

2.    Subject customers

Vietnamese individuals and households who own houses in Vietnam.

3.    Purpose

Innovating, constructing, interior decorating etc… for either house or business premises.

4.    Tenor

We offer short, middle and long term loans in accordance with the plan and the repayment capability of customers.

5.    Lending methods

We offer flexible loan installments upon the actual construction plan.

6.    Lending category

Short-term: up to 1 year
Middle-term: above 1 year up to 5 years
Long-term: above 5 years

7.    Loan conditions

Individuals must be legally eligible, entitled to civil capacity and responsibilities in compliance with the prevailing laws.
Customers must show proof of residents such as permanent or temporarily long-term residential registration (KT3) in the same areas where SAIGONBANK offices (Head Office or branch or transaction office) are located.
Purpose of loan utilization must be legal.
Customers must show sufficient financial capability to fulfill their repayment commitments.
Customers must fulfill the requirement of loan security per SAIGONBANK’s loan policy.

8.    Loan security

Security may be in forms of deposit, mortgage, pledge, guarantee and other security measures in compliance with the prevailing laws.

9.    Credit rate

Per SAIGONBANK’s loan policy published in each period.
Interest calculated on the basis of actual loan outstanding.

10. Credit limit

Determined on the basis of various factors including the estimated cost of the subject project, customers’ demand, their own capital invested in the project / plan, the value of loan security items and their repayment capability.

11. Lending currency


12. Repayment schedule

Interest paid monthly
Principal paid per schedule in accordance with customers’ income and agreement between customers and SAIGONBANK (monthly/ quarterly/ yearly).

13. Loan application file

Legal documents of the applicant and the guarantor (if any) (ID card, residential household registration booklet or KT3).
Application form, loan proposal, proof of income, supporting documents relating to the project of innovation, construction, interior decoration etc...
Documents related to security measures.

For further information, please directly contact us at 848-39143183 or approach any transaction point of SAIGONBANK network nationwide.