VayVND allows people in Vietnam to apply for personal loans quickly and simply. Quick loans needed in life such as utility bills, travel, healthcare, school... Loans do not require complicated requirements, just register information and wait for loan approval when successful. To receive a loan, the following simple requirements are required:
- Vietnamese people over 18 years old
- Have citizen identification card
- Have a bank account in your name
Loan information:
- Loan from: 500,000 - 10,000,000 VND
- Loan in: 90 - 120 days
- Minimum loan interest rate: 10%/year
- Maximum loan interest rate (APR): 36%/year
Loan example: Ms. Yen registered for a loan: 5,000,000 VND in 90 days with an interest rate of 36%/year. It should be calculated as follows:
- Interest: 5,000,000 * 36% / 365 * 90 = 443,835 VND
- Total interest: 5,000,000 + 443,835 = 5,443,835 VND
- Monthly payment: 5,443,835 / 3 = 1,814,611 VND
Online loan process in 5 steps:
Step 1: Download the application
Step 2: Register information
Step 3: Wait for approval
Step 4: Receive money
Step 5: Pay off the loan
Personal information security. Do not disclose information to third parties without the customer's permission.