Press Release
Increasing the loan size for Disadvantaged Student Program
I. Target customers
Disadvantaged students attending to universities (or equivalent levels), colleges, technical schools and vocational training institutions established and operating under Vietnamese law, including:
1. Students who have lost their parents or have only lost their father or mother but the other cannot work.
2. Member of households that fall into one of the following categories:
- Poor households prescribed by law.
- Near-poor households prescribed by law.
- Households have an average standard of living prescribed by law.
3. Students are facing financial difficulties due to accidents, illness, natural disasters, fires, epidemics in the studying period, certified by the local People's.
II. Loan size and lending interest rate
1. Maximum loan size: VND 4 million/month/person
2. Lending interest rate: Being decided by Prime Minister from time to time. The current rate is 6.6%/year.
III. Loan term
Loan term = disbursement term + 12 months + repayment term
- Disbursement term: is the period from the first disbursement date until the last day of the course
- Repayment period:
+ For training programs with the period of up to one year, the maximum repayment period is equal to 2 times of the disbursement term.
+ For training programs over one year, the maximum repayment period is equal to the disbursement term.
vbsp.org.vn
- Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam
- VBSP DIGITAL TRANSFORMATION
- Nearly 485,000 households provided with social policy bank loans in Q1
- Newsletter Vol 4.2023
- VBSP SmartBanking launched for the poor and low-income
- The exposure visit of the Nepal delegation of ASDP in Vietnam
- Improve policy credit quality through the model of Savings and Credit groups
- Provide inclusive financial schemes for the poor and disadvantaged groups
- Contribution to the implementation of the National Target Program on new rural construction and sustainable poverty reduction in the 2021-2025 period
- New house for people in remote areas
- Nayoby Attapeu branch (Policy bank of Laos PDR) visited and worked with VBSP branch in Kon Tum province
- VBSP inclusive finance contributes to sustainable poverty reduction
- Effectiveness of social housing lending program
- VBSP continues sharing experiences on social policy credit to APRACA Secretary General
- VBSP Mobile Banking application training conference
- VBSP worked with the delegation from the Agricultural and Rural Development Bank of Cambodia
- $380 million has been delivered to vulnerable groups for economic recovery
- Newsletter Vol 07.2022
- Promote digital financial inclusion for the poor and other marginalized groups
- Agriculture models in Vietnam are good to replicate in Nepal

- Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam
- VBSP DIGITAL TRANSFORMATION
- Promoting the effectiveness of social policy credit programs
- The effectiveness of VBSP’s loans in helping the poor escape from poverty
- Effectively promote policy capital
- Supporting young people for starting a business
- Nearly 485,000 households provided with social policy bank loans in Q1
- Newsletter Vol 4.2023
- Sustainable poverty reduction from policy credit
- Newsletter Vol 3.2023
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|