Market Business Loan
2. Description of product
- Credit limit: Maximum 50 million dong.
- Type of currency: VND
- Interest rate: According to current regulations by DongA Bank.
- Loan term: From 30 - 180 days (maximum 30 days for a debt receipt time)
- Method of debt: Daily debt payment (principal + interest).
- Backing assets: Stall use right.
3. Eligible customers and application conditions
- Small traders in all markets (in the same area as DongA Bank Branches, which are approving the market business loan).
- DongA Bank directly lend small traders under supervision of Market Management Board.
4. Loan application procedure
- Loan application form and dent receipt contract (DongA Bank sample)
- Copy of ID card & Family record book/KT3 of the individual borrower.
- Copy of stall ownership
- List of small traders for loan borrowing certified by Market Management Board, in which the address, ownership and value of stall will be confirmed by Market management board. .
For enquiries or further instructions, please contact:
- Head office/Branches/Transaction Offices/24h Transaction Offices of DongA Bank or
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