Press Release
Loan limit for disadvantaged students increased
Students in difficulty nationwide could get preferential loans from the Vietnam Bank for Social Policies (VBSP) with a maximum amount of 1.25 million VND (54 USD) per month from January 9, instead of the current 1.1 million VND (48 USD), under a decision recently issued by the Prime Minister.
Students continue studying thanks to the VBSP loans
According to the VBSP, the adjustment is aimed at bringing appropriate support to students based on the rising cost of living and the tuition-fee increase roadmap set by the Government.
In order to create favourable conditions for students in repayment, the decision also stipulates that borrowers could postpone all loan repayments (both principal and interest) until they had commenced their first job and income after graduation – but not exceeding a 12-month limit.
The current interest rate is 0.55 percent per month or 6.6 percent per year.
Since the loan programme for students was launched nine years ago, nearly 3.3 million students have been given preferential loans from the VBSP.
The programme current total outstanding loans are 24.7 trillion VND (nearly 1.1 billion USD), of which overdue debt accounts for only 0.54 percent.
Website VietnamPlus English
- Annual Report 2023
- The VBSP’s Board of Directors (BOD) held its regular meeting for the fourth quarter of 2024
- Annual Report 2022
- VBSP implements tasks for the year 2025
- Credit policies under Decision 22 for ex-prisoners to rebuild lives in Ha Nam
- Households in disadvantaged areas can borrow up to VND 100 million for business and production.
- VBSP's Trade Union worked with the Korean Finance Union delegation
- Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam
- Nearly 485,000 households provided with social policy bank loans in Q1
- Newsletter Vol 4.2023

- Giving Tet gifts to the poor households and policy beneficiaries
- Results of Social Policy Credit Loan Scheme in implementing 03 National Target Programs (2020-2025)
- Ensuring Continuous Operations of VBSP to Best Serve the People
- Inspiring Stories on the Journey Out of Poverty
- VBSP's Preferential Loan Scheme for Social Housing
- Journey of Poverty Reduction in Lang Son
- Leveraging Sustainable Livelihoods
- Quang Nam Widely Expands Policy Credit
- Policy credit as driving force for local economic development
- Conditions and preferential policies for loans to buy social housing in 2025
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|