- To purchase a Plot for construction of a House (No Home Loan is to be considered for purchase of plot of land only).
- Construction of house on existing plot of land
- To purchase an apartment as well as for renovation/ repair/alteration/addition to house/apartment.
- To take over housing loans extended by other Banks
- Vietnamese citizens or foreign citizens who are permitted to purchase residential property (House or Apartment) by Vietnamese law.
- Salaried employees, Professionals, Self-employed persons etc.
- Financing up to 70% of the assessed value of the property (in case of ready-built house or apartment).
- Max Loan tenor for a period of 20 years subject to the age of retirement in case of employees.
- 6 times of gross annual income based on Annual Income Tax Returns and/or monthly pay slips issued by the employer and or statement of Bank account.
- Highly competitive interest rate;
- Interest is calculated on daily balance basis which is of great advantage to customer as it results in lower interest amount.
- No Prepayment fee to be levied on housing loan if Loan is repaid before the tenor.
- Simplified application form/procedures for convenience of customers, and speedy approvals.
- Application form.
- Identity Card/Passport or legal documents.
- Documents evidencing income.
- Land/property related documents.
For further details and terms and conditions, please contact us
Tel:(0084 8)38 228 939 – 39 101 266
Fax:(0084 8) 39 246 341
Email:
Boi[dot]hcmvnm[at]bankofindia[dot]co[dot]in
Branch Timing:
8:30am to 5:30pm Monday to Friday (excl. public holidays)
Business hours
8:30am to 4:30pm Monday to Friday (excl. public holidays)
Bank code in Vietnam: 79659001
SWIFT code: BKIDVNVX
OUR EXCHANGE RATE
