Car Loans

You wish to have your own car with a wonderful comfort and convenience in your interesting trips.

With BAOVIET BANK, your trips will be started soon after you buy your dream car.

  • You can use your car as a mortgage;
  • Maximum limit of loan is equal to 70% of the car value in case of the car as the mortgage;
  • Maximum limit of loan is equal to 90% of the car value as in the Invoice in case that the car is not the mortgage;
  • Maximum loan period: 48 months;
  • Disbursement can be made in appointment.
  • Object: Individual Customers in need of borrowing for car purchase for non-business domestic use.
  • Currency: VND
  • Repayment method:
    • Repayment (including Principal and Interest) may be made by fixed annuity
    • Or on monthly basis for actual debt account balance.
  • Loan Conditions:
    • For Customers:
      • You have your permanent residence book, or are in form of KT3 in the local area of BAOVIET BANK;
      • You have financial capacity and feasible repayment method;
      • You have eligible asset as mortgage for your loan.
    • For cars to purchased:
      • Having legal origin;
      • Being eligible for circulation in conformity to the laws.
  • Collaterals:  The car or other properties (Real estate, valuable papers ...) shall be used as security.
  • Application for loan and repayment method in required form
  • Permanent residence book or long-term temporary residence certificate, ID Card or Passport.
  • Documents proving your financial capacity and refunding source;
  • Documents proving purposes of capital use (Car Purchase Contract, Payment Receipt...);
  • Documents of mortgage (if the mortgage is not the car).

To find out more information, please call BAOVIET Bank Customer Sevices Center. Tel: 1900 55 88 48 or (04) 39 38 19 19