- To meet the credit needs of trade, commercial activity, other general business/profession, as also for their bona fide requirements
- To meet educational expenses of family members including near relatives
- To undertake repairs/renovation/extension to the residential/commercial property
- To purchase/construct residential house/ flat, purchase of a Plot of land for construction of house/premises for business/commercial use;
- High net worth Individuals with stable income
- Salaried employees, Professionals, Self-employed persons etc
- Financing up to 70% of the assessed value of the property;
- Max Loan tenor for a period of 10 years subject to the age of retirement in case of employees
- 4 times of net annual income based on PIT Returns for last 2/3 financial years
- 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
- Prepayment fee is to be levied if Loan is repaid after initial 12 months.
- 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
