Loan

Proof of asset-back financial capability for debt repayment

1. Benefits

Proof of asset-back financial capability for debt repayment includes customers’ assets such as real estate, holdings of bonds issued by credit institutions...

2. Product features

2.1. For loan applications to finance purchases of real estate under projects approved by VietinBank from time to time: The value of assets as proof of financial capability ≥ 150% of the total sum of debt obligations to credit institutions and the proposed amount of loans to be granted by VietinBank that has not been backed by financial revenues according to the method of calculating ordinary sources of income for debt repayment”.

2.2. For other consumer loan applications: 
- In case of financial capability backed by assets as bonds issued by credit institutions: The value of assets as proof of financial capability ≥ 150% of the total sum of debt obligations to credit institutions and the proposed amount of loans to be granted by VietinBank that has not been backed by financial revenues according to the method of calculating ordinary sources of income for debt repayment.

3. Eligibility conditions and application form

Diamond premium customers at the time of appraisal; or customers offered with loan of at least VND 5 billion per each.