OVERSEAS STUDY LOAN

Product Description: is personal finance to support borrowers’ relatives in studying overseas or following foreign schools in Vietnam.

Target costomers: Vietnamese individuals who have relatives studying abroad or following foreign schools in Vietnam. 

Conditions:

• Have stable incomes for principal and interest repayment.
• Security collateral.
• Documents proving study acceptance of foreign institutions overseas or in Vietnam.

Characteristic:

• Tenor: Maximum 120 months.
• Loan currency: VND.
• Loan amount: Up to 100% of the course’s total cost.
• Interest rate: by Kienlongbank's regulations from time to time.
• Loan method: by disbursements.
• Debt collection method: flexible
• Fee: See fee schedule.

Utilities:

• Timely financial resources for relatives’ learning needs.
• To be entitled to remit money abroad.