Loan purpose: Consume, purchase furniture, houseware, tourism, entertainmant, wedding,...
Monthly interest will be calculated based on actual limit and actual day of loan usage( for example, if you are issued limit of 200 million VND but only use 50 million VND in 10 days than the interest is calculated only based on 50 million VND and 10 days, the interest will be debit into your overdraft account)
TPBank has two types of personal account overdraft: secured overdraft(car, real estate, Passbook/Valuable paper/Certificate of gold kept) and non-secured overdraft
You can repay into overdraft account at any time within overdraft term issued. However, at the end of limit issued term, you have to repay all debit balance in order to make overdraft account balance ≥ 0
The interest rate is calculated based on the actual days and amount of the loan. Interest is calculated daily and automatically by TPBank system, and is recorded on 25th of each month. In case you get the overdraft and repayment in the same day, no charge is applied.
You will need to provide these documents:
1. Personal documents: National ID, Family register, Marriage Certificate,...
2. Collateral documents: Certificate of Land Usage Rights
3. Income documents: Certificate of business license, ledger or receipts of recent 3 months, contract with partners if possible
You can withdraw your overdraft from all the ATMs of TPBank and other banks in the network system of TPBank
No. TPBank does not accept third party’s car as guarantee collateral. How ever, TPBank accept third party’s real estate as collateral, including: parent’s, child’s, sibling’s
Non-secured overdraft: maximum term is 12 months.
Secured overdraft with car as collateral: maximum term is 36 months and real estate as collateral: maximum term is 48 months.
Secured overdraft with Passbook/Valuable paper/Certificate of gold kept as collateral: maximum term is 12 months .