Car loan

Conditions to qualify for a car loan:

         1. Conditions on identity: Vietnamese individuals, foreign individuals.

          2. Conditions on income: Having a regular and stable income, able to make regular debt payments.

          3. Conditions on collateral property: In accordance with the bank's regulations.

1. Personal identification

    a. National ID/ Passport

    b. Household registry

    c. Marriage status certification

2. Income status

    a. Labor contract, salary statement, house rental contract, car rental contract, records of income from activities

3. Loan purpose

    a. Car sale contract
 

ARTICLE 1. GENERAL DISCHARGEMENT CONDITIONS

TPBank disburses the Loan mentioned in the Contract to the Customer after the Contract

in effect, there is no Event of Default and the Customer meets all the conditions

The following:

1.1 The Customer fully meets the conditions prescribed by law, regulations on

loans and guarantees from TPBank from time to time in accordance with the law;

1.2 The Customer agrees to comply with the regulations on loan interest rates and other contents related to the loan

in connection with the Loan;

1.3 The Customer fully meets the specific disbursement conditions as prescribed in the Agreement

Copper.

ARTICLE 2. ISSUANCE AND USE OF LOANS

2.1 TPBank has the right to refuse to grant credit or stop using the Loan for

The Customer and early recovery of the Loan if (i) the Customer does not

fully satisfy the terms and conditions of credit extension, or (ii) arise any Events

Any Violation.

2.2 Loan interest rate, Overdue interest rate, Late payment interest rate, Methods and factors

interest calculation:

a) The lending interest rate (also known as the “term loan interest rate”) is applied and determined

according to the Contract and/or the Customer's debt receipt and periodically adjusted

by agreement of the two Parties.

b) Overdue interest rate: Equal to 150% of the current lending interest rate for the current term at the time

overdue debt transfer. Overdue interest is calculated on the corresponding overdue principal balance

with late payment period, applicable in case the Customer's loan is

overdue debt transfer.

c) Late payment interest rate: equal to 10%/year calculated on the balance of late payment interest corresponding to the payment period

Late payment period, applicable when the Customer fails to pay the loan interest on time as prescribed

at the Contract.

d) Interest calculation method: Interest of the Loan is calculated monthly, at the rate of %/year,

calculated on the actual Loan Balance and the time to maintain that actual Loan Balance.

e) Principles and factors determining interest rate: in case TPBank and Customer agree,

Agreement to apply adjustable interest rate/flexible interest rate, TPBank and Customer agree

Most importantly, the adjustable interest rate/flexible interest rate will be determined based on factors such as

base interest rate, capital sale interest rate, savings deposit interest rate or other factors according to

specified in the Contract and/or the Customer's debt receipt for

TPBank.

2.3 Currency of debt receipt and currency of repayment:

Customers who receive debt in any currency shall repay the debt in that currency. Case

debt payment currency or currency obtained when dealing with collateral is different from the currency

money received, TPBank has the right (but not the obligation) to automatically convert it

into the debt receipt currency at the exchange rate announced by TPBank at the debt collection date. Agree

This contract replaces the foreign currency trading contract between the Customer and TPBank.

2.4 Loan repayment payment:

 

1 Is the Document Number on which this T&C is issued (eg No. 1366/2017/QD-TPB.RB)

2 Is the effective date of the Document on which this T&C is issued.

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a) The Customer is obliged to repay and pay TPBank the Loan in full and correctly

term in order of priority as follows: Costs, fees, compensation for damage, fines for violations,

other payables (if any), late payment interest debt, overdue interest debt, overdue principal debt, interest debt

due, principal in due date. If the repayment date is not a Business Day, then

The Customer is responsible for repaying the debt on the next following Business Day or

Working adjacent to each other, according to TPBank's regulations.

b) In case of early repayment or overdue repayment, the parties shall comply with regulations

respectively in Clauses 2.5 and 2.6 of this Article.

2.5 Paying off loans before maturity

2.5.1 Voluntary debt repayment:

a) The Customer sends a written notice at least 03 Working Days in advance from the time of

expected to repay the debt before maturity, by one of the methods specified in the Terms and Conditions

These Terms, specifying the amount of prepayment, payment date, payment method

in debt; or

b) TPBank is entitled to automatically deduct the Customer's account at TPBank to

collect debt early as soon as the payment is transferred to the customer's account

Goods at TPBank.

2.5.2 Early debt collection: In case the Customer violates the regulations, TPBank is entitled to a full refund

the right to collect debts before maturity. Customers must pay TPBank early repayment fee

in accordance with the Contract and/or TPBank's regulations at the time of debt repayment

by dead-time.

2.5.3 Order of debt collection: According to Clause 2.4 of this Article.

2.6 Transfer of overdue debt, collection of overdue interest and late payment interest

a) Cases of transferring overdue debts:

(i) TPBank transfers principals to overdue debts when the Customer

failure to pay debts in full and on time as agreed in the Contract

or within the period required by TPBank in case the Customer

must repay the loan before maturity.

(ii) The Customer agrees that at the time of the Customer's failure to pay on time

any principal and/or interest owed to TPBank, TPBank has full ownership

Transferring all outstanding balances of customers at TPBank to overdue debts;

The Customer is obliged to repay all of the Customer's past due balance to

TPBank right at the time of transferring overdue debt, at the same time the Customer must pay interest on loans for TPBank as prescribed in point c) clause 2.6 is calculated on the whole

set of original outstanding balance above.

(iii) In case TPBank approves the restructuring of the repayment term for the Customer, or

TPBank exercises the right to terminate loans and recover debts before maturity when detecting

The Customer provides false information, violating the provisions of the Contract

and/or this Terms and Conditions, TPBank will notify the Customer

on debt rescheduling or loan termination, early debt recovery.

Whereby:

- In case of being approved by TPBank to restructure the repayment term: Customer

must repay the loan principal and interest to TPBank according to the content of restructured payment term

debt notified by TPBank.

- In case TPBank exercises the right to terminate loans and recover debts before maturity:

The Customer must pay the loan principal and interest to TPBank on the outstanding balance

overdue, time to transfer overdue debt and overdue interest rate, late payment interest rate

applied to the overdue outstanding balance as notified by TPBank.

b) The time of transferring overdue debt is the day immediately following the date the Customer must pay the debt

to TPBank (including the case when the Customer has to pay under the Contract,

debt receipt with TPBank and/or when TPBank collects debt early).

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c) When the payment is due, but the Customer does not pay or fails to pay the principal in full

and/or interest as agreed, then the Customer must pay interest as follows:

(i) Interest on the principal at the loan interest rate for the term specified at point a) clause 2.2

corresponding to the loan term that is not yet due;

(ii) In case the Customer fails to pay interest on time as prescribed at point i)

this clause, the late payment interest must be paid at the interest rate specified at point c) clause

2.2 calculated on the balance of late payment interest corresponding to the late payment period;

(iii) In case the loan is transferred to overdue, the Customer must pay interest on

The principal balance is overdue corresponding to the late payment period, the interest rate is applied according to

interest rate specified at Point b) Clause 2.2 at the time of overdue debt transfer.

d) Order of debt collection: For the principal debt that is overdue for the loan, TPBank will

debt collection in the order that principal is collected first, interest is collected later.

2.7 Recovery of debt repayment obligations

In case the amount that the Customer has paid to TPBank is deducted, confiscated,

partially or fully withdraw according to the decision of the competent authority, TPBank

may recover the debt amount corresponding to the amount deducted, seized or recovered. Guest

Customers are obliged to continue to pay TPBank all principal, interest and financial obligations

arising for this withheld, seized and recovered amount in accordance with the provisions of

Contract within the period as notified by TPBank

2.8 Fees and penalties:

a) Fees: fees and charges payable by the Customer to TPBank are applied according to

Fee schedule announced by TPBank at the time of payment by the Customer.

b) Expenses: Customer agrees to pay and reimburse TPBank for actual expenses

arising in accordance with the provisions of law in order to sign, perform, maintain

Contract on the basis of specific payment documents (notarization costs, registration fees)

Security Transactions…).

c) Penalty for violation: The Customer shall bear a violation penalty for any violation of

The Customer is specified in the Contract and these Terms and Conditions by

08% of the contract value is breached, except for violations due to late payment of interest and late payment of principal. When playing

Violating students, TPBank will notify in writing of the fine amount and payment deadline

payment of fines sent to the Customer, the written notice is binding on the obligation

for Customers.

d) Customer is responsible for indemnifying TPBank for any damage if Customer violates

violate the agreed content and cause damage to TPBank.

2.9 Restructuring the repayment term

a) The Customer needs to restructure the repayment term (adjust the repayment term or extend the payment term).

debt maturity) must send a written request for debt rescheduling to TPBank within the time limit

specified in this Article, clearly stating the reason for structure, financial capacity, time limit and

debt repayment source, business plan enclosed with supporting documents.

b) TPBank considers and decides on the rescheduling of the repayment term on the basis of the Customer's response

comply with TPBank's regulations from time to time in accordance with the provisions of law. Guest

Goods are obliged to pay the penalty for structuring the repayment term according to regulations at the time of payment

debt structure.

c) The rescheduling of the repayment term as prescribed in this Article can only be done before

or within 10 (ten) days from the due date, the repayment term has been satisfied

Agreement and/or the Customer's debt receipt with TPBank. In

time TPBank considers restructuring the repayment term for Customers, Customers

still have the obligation to pay the debt in accordance with the provisions of the Contract and/or other documents

Customer's debt receipt with TPBank

ARTICLE 3. EVENT OF VIOLATION OF CODE

3.1 The following are considered Events of Default:

3.1.1 Customer occurs one of the following events:

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a) Failure to provide or providing incomplete, untimely or untimely information

real cancer.

b) Using the Loan for improper purposes.

c) Failure to properly and fully repay the outstanding balance.

d) Part or all of the security assets and debt repayment sources are handled, distrained, confiscated, or confiscated

return, blockade according to the provisions of law; lost, damaged or depreciated

not proportionally enough to secure the Customer's obligations under the Contract which

The Customer does not supplement or replace at the request of TPBank.

e) Violating the laws and policies of the State, getting involved in lawsuits and photo disputes

affect the Customer and/or the Security Assets.

f) Failure to perform or improper performance of credit, transfer/deposit with Value

minimum credit to Customer's account at TPBank at TPBank's request

(if).

g) Do not continue to work at an agency/unit approved by TPBank to grant credit to customers

with staff, salary changes, income below the level agreed upon by the parties

or no longer make salary payment via account at TPBank.

h) The Customer violates the debt repayment obligation with any other creditor or is subject to any creditor

who requires early repayment.

i) Customer's outstanding balance or Customer's and Customer's related person

Goods in accordance with the law exceed the limit, the credit extension rate as prescribed

under the law.

j) Dead, missing, declared dead, or declared missing; divorce or division of property

husband and wife together during the marriage; loss, limitation of civil act capacity,

arrest or prosecute the accused or defendants or persons with related obligations in cases

to sue.

k) Violation of other provisions in the Contracts and/or these Terms and Conditions

and/or breach obligations in other transactions with TPBank.

l) Other cases not contrary to the provisions of law or as required/decision

by a competent State agency or as prescribed by law or as agreed upon

written agreement of the Parties.

3.1.2 The Guarantor occurs one of the following events:

a) Dead, missing, declared dead, or declared missing; divorce or division of property

husband and wife together during the marriage; loss, limitation of civil act capacity,

arrest or prosecute the accused or defendants or persons with related obligations in cases

sue (if it's an individual) or dissolve or go bankrupt (if it's an organization).

b) Violating the laws and policies of the State, getting involved in lawsuits and photo disputes

affect the Secured Party and/or the Security Assets

c) Violation of any obligations, provisions of the Contract, these Terms and Conditions

and/or related documents and agreements.

d) Other cases not contrary to the provisions of law or as required/decision

by a competent State agency or as prescribed by law or as agreed upon

written agreement of the Parties.

3.1.3 When other events occur that, according to TPBank's assessment:

a) Having an adverse effect on assets, financial position, business activities, industry

The Customer's main business reduces the Customer's ability to repay

Row.

b) Changes in the State's policies, regulations and laws seriously affect the

focus on production and business activities and the ability of customers to pay.

c) Changes in policies and regulations of the State and laws leading to

changes in policies and regulations of TPBank make the continuation and maintenance of the Loan

of the Customer is no longer suitable, no longer meets the policies and regulations of the Customer

applicable law or at the request of a competent State agency.

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3.2 When an Event of Default occurs, TPBank has the right to take one or more of the following measures:

following law:

a) Refusing to grant or stop granting the Loan, terminating/stopping disbursement.

b) Early debt recovery.

c) Dispose of any Security Assets and other assets of the Customer/Security Party to collect

debt recovery.

d) Other measures in accordance with the provisions of law.

3.3 Handling in case of early debt collection

3.3.1 When one or more of the above Events of Default occurs, TPBank has the right to base itself on the situation

actual situation, choose an appropriate time to decide on early debt collection. When

TPBank decides to collect the debt before the due date, TPBank will notify the Customer by

one or several forms as prescribed in these Terms and Conditions on time

loan termination point, early debt collection, principal balance is recovered before due date,

the repayment date of the principal balance which is recovered before the due date, the time of transfer of overdue debt and interest

The overdue rate applies to the principal balance that is recovered before the due date. Then:

a) All principal, interest, fees and expenses payable under the Contract (whether due or

undue) become a due debt. Customer is obliged to pay all

all these debts according to the term stated in the notice;

b) TPBank has the right to take all professional measures to recover debts. Measures

This method includes: (i) Automatic deduction/processing of payment accounts or any

money, other assets of the Customer at TPBank to recover debts; (ii) Establishing a Mandate

collection to collect debts and notify the Customer if the Customer has an account

payment or any warehouse

any money at other credit institutions; (iii) Handling of collateral

guarantee (if any); (iv) Other measures not contrary to Vietnamese law at the time of application

use.

3.3.2 If beyond the time limit stated in the notice, the Customer does not fully pay the

For this debt, TPBank has the right to convert the unpaid principal to overdue debt

and apply the overdue interest rate to the principal balance, the late payment interest rate to the interest

not paid on time.

3.4 Handling in case of refusal to grant, termination/stopping of disbursement: When a

or some of the above Violation Events, TPBank has the right to send a notice of refusal to grant,

terminate/stop disbursement of Loan to Customer until further notice

from TPBank. The Customer continues to perform obligations for the Dissolved Loans

under the signed Contract.

B. GENERAL PROVISIONS ON CAR mortgage

ARTICLE 4. DURATION AND MANAGEMENT

4.1 Guarantee period: The guarantee specified in the Contract is valid until

when all of the following conditions are simultaneously and fully satisfied:

4.1.1 The Customer has fulfilled all Guaranteed Obligations and no longer has any

what obligations or responsibilities to TPBank, and

4.1.2 The Parties complete the procedures to deregister the secured transaction (in case of

secured transaction registration) or the Parties have completed the handover of the Assets

Security and/or Security Asset Documentation and signing the Minutes of Handover of Security Assets

Guarantee/Document of Security Assets to complete the procedures of mortgage release, settlement/liquidation of the Contract

Dong (in case the secured transaction is not registered).

4.2 Management of Collateral:

4.2.1 Value of Collateral will be revalued by TPBank in the following cases:

(i) The Security Assets are at risk or actually lose value or decrease in value under

TPBank's assessment; (ii) The market has many unfavorable factors that affect the price

value of the Collateral; (iii) Other cases as decided by TPBank. Guest

Goods/Security Party is obliged to pay the costs related to the revaluation

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Collateral, and at the same time agree and authorize TPBank to automatically deduct the account

your account at TPBank to pay fees and expenses related to

Valuation of the Collateral.

4.2.2 In case the Collateral is an asset formed in the future, the Customer

Goods/Guarantors are obliged to:

a) Fully carry out the necessary procedures and work for the investment/purchase of Security Assets

Ensure and complete the documents certifying the ownership of the Secured Property in accordance with

compliance with regulations.

b) Authorize TPBank to accept and/or perform on behalf of the Customer/Security Party

carry out the necessary procedures to be granted a certificate of ownership of the Secured Assets

Guarantees and other relevant documents from competent state agencies.

4.2.3 During the security period, TPBank and the Customer agree that the Security Assets

The Customer/Guarantee manages and uses and exploits it for the right purposes

normal use and function of the Security Assets provided that the Customer

Goods/Guarantors are subject to inspection and supervision by TPBank.

4.2.4 During the guarantee period, TPBank agrees to allow the Customer/Security Party to invest

to the Collateral to increase the value of the Collateral. The increase in property value

additional from the investment in the Collateral also belongs to the Collateral and TPBank has

the right to seize, handle and prioritize payment for this additional asset value.

4.2.5 During the guarantee period, the Customer/Security can withdraw the Security Assets

in accordance with the provisions of the Contract, if approved in writing by TPBank. The documents awarded

The exchange between the Parties regarding the withdrawal of the Security Assets (if any) is a part

attached to and inseparable from the Contract, whereby the Parties do not need to make amendments,

supplement the Contract, unless otherwise agreed by the Parties or provided for by law

other determination. In case the Collateral is subject to compulsory registration on behalf of

If the registered security transaction contents are changed, the parties shall carry out the registration procedures instead

change in accordance with the provisions of the law.

4.2.6 During the use of the Assets by the Client/Security, the Client/Security

Guaranteed that TPBank has the right to inspect and supervise the Collateral. In

In case, according to TPBank's assessment, the Collateral is at risk of harm,

damaged or altered in a bad way or the Customer breaches its obligations under

Contract and/or Terms and Conditions, Customer/Security Party agrees

that TPBank is entitled to take all necessary measures to directly manage the Account

Security or appoint someone else to manage the Collateral. Within

TPBank requires, Customer/Security Party is responsible for handing over the Security Assets

Make sure TPBank or the person appointed by TPBank receive and manage.

4.2.7 The Customer/Security Party is obliged to immediately notify TPBank of the following events: (i)

Property lost, damaged or damaged; (ii) Events that may affect or cause damage to the

Product Guarantee. The Customer/Security shall bear all risks for the Collateral

Ensure and immediately supplement and replace other security assets approved by TPBank.

4 .2.8 TPBank and Customer/Security Party agree that, all records and documents

in relation to the Collateral, including, without limitation, supporting documents

ownership, right to use the Property, insurance certificates, etc. (hereinafter referred to as .)

“Security Records”) will be handed over to the Client/Security Party

managed by TPBank. The form, quantity and type of Security Assets to be handed over will be

comply with TPBank's regulations. TPBank is responsible for keeping and preserving records

property during the guarantee period.

4.3 Transfer of Security Assets, Security Asset Records:

4.3.1 The Customer/Security Party is obliged to transfer the Security Asset Records to

TPBank at the latest at the time of signing the Contract, unless TPBank accepts

otherwise agreed at the location as notified by TPBank. The transfer must be made

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in writing signed between the two Parties. Customer/Guarantee undertakes to pay

pay the costs related to the transfer of the Security Asset Profile (if any).

4.3.2 In case of necessity, at the request of the Customer/Security Party or to

In accordance with the provisions of law, TPBank has the right to consider in issuing a copy of the application

Secured Assets for Customer/Security Party, together with written confirmations

of TPBank. The Customer/Security Party agrees that TPBank has the right to refuse to provide

issue these documents if the Customer/Security Party breaches any of its obligations

as specified in the Contract and/or these Terms and Conditions.

4.4 Notarization and registration of secured transactions:

4.4.1 The Customer/Security Party is obliged to cooperate with TPBank to perform the work

certify the Contract and register the secured transaction in accordance with the provisions of

TPBank's laws and requirements (if any).

4.4.2 The Customer/Security Party authorizes TPBank to perform related tasks

to register for secured transactions in accordance with the law. Customer/Insurer

Make sure that TPBank has the right (but no obligation) to perform or authorize

reserves the right to a third party to register secured transactions.

4.4.3 The Customer/Security Party is obliged to pay the costs related to the company

certify the contract, register the secured transaction, and at the same time agree and authorize the

TPBank is automatically deducted from its account at TPBank to pay the amount

fees and expenses related to notarization and registration of secured transactions.

ARTICLE 5. INSURANCE FOR PROPERTY

5.1 In case TPBank requests, the Customer/Security Party is obliged to purchase insurance

Insurance for Collateral at Insurance Companies approved by TPBank immediately

after the Contract takes effect or another period as requested by TPBank in accordance with

in accordance with the type, amount, term and conditions of insurance prescribed by TPBank in

from time to time in which TPBank is shown as the first Beneficiary (when the event occurs,

insurance, the insurance organization pays directly to TPBank).

5.2 Insurance period shall comply with TPBank's regulations for each Insurable Asset

Guarantee from time to time and the Customer/Security Party is obliged to purchase additional insurance

before the expiry date of the insurance period. In case the Customer / Guarantor is late

or fail to fulfill the obligation to purchase insurance, the Customer/Security Party proposes and

agree that TPBank has the right (but not the obligation) to purchase insurance

property and the Customer/Security Party agrees that:

a. TPBank is automatically deducting money from Customer/Security's account at

TPBank or make a collection order to other credit institutions where the Customer/Party

Guarantee has an account to pay premiums to the Insurance Company,

or

b. TPBank is automatically advanced the insurance premium for the Customer/Insurer

Guaranteed. The amount TPBank advances this insurance premium will be considered as an amount

Loan TPBank grants to Customer/Security with term and interest rate according to

Notice of TPBank. The Customer/Security Party will be responsible for accepting debt and

pay the entire amount of advance, interest and expenses incurred within the time limit

according to the notice of TPBank and be bound by all regulations related to the

TPBank's loan to Customer/Security Party. To avoid misunderstandings, the

The Party agrees that this provision will be considered as the Customer's debt receipt

Goods / Guarantors for TPBank, regardless of whether TPBank and

The Customer/Security Party has signed a debt receipt related to the application

this premium or not.

5.3 In the event that the insurance period expires and the Customer/Guarantee is late or

failed to fulfill its obligation to buy insurance and TPBank did not or could not

perform the work mentioned in Clause 5.2 of this Article for any reason, the Customer

agree that the delay or failure of the Customer/Guarantee to perform its obligations

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purchase of insurance will be considered as an event of breach by the Customer/Guarantee and

TPBank reserves the right to apply handling measures to the Event of Default, including

Adjust interest rates of the Contract, collect debts before maturity, handle the Collateral...

5.4 In case the Security Property has been insured before the time of signing the Contract,

Dong, Guest

The Goods/Security Party is responsible for adjusting the Policy(s)

signed in accordance with the conditions specified in this Article and transferred the

enjoy insurance for TPBank. In the case of the transfer of the right to benefit

under the insurance contracts that are not performed, TPBank still has the right to benefit

under such insurance contracts.

5.5 TPBank is entitled to directly receive insurance money when an insured event occurs to pay

settlement of the debt of the Customer/Security Party. Customer/Guarantee must cooperate

with TPBank or authorize TPBank to carry out all procedures to receive insurance money from

insurance organizations to repay TPBank's debt in accordance with TPBank's requirements. If clause

The payment from the Insurance Company is not enough to repay the debt, then the Customer/Security Party

is obliged to add other Security Assets or other security measures available

TPBank approved.

ARTICLE 6. HANDLING OF SECURITY ASSETS

6.1 TPBank and the Customer/Security Party agree that the Security Assets will be handled to

debt recovery upon occurrence of Event of Default in accordance with the Contract and Conditions

These Terms.

6.2 Handling of Collateral:

6.2.1 When an Event of Default arises, the Customer/Security Party agrees that TPBank

is entitled to take the following measures:

a. On behalf of the Customer/Security Party to sell and transfer the Collateral

according to the method and price determined by TPBank;

b. TPBank itself or authorizes the sale and transfer of the Collateral (including the

authorize a third party to auction the Security Assets) according to the manner, price

determined by TPBank;

c. TPBank receives part or all of the Security Assets for debt settlement;

d. TPBank is entitled to directly collect and receive rentals, profits, and income from the Bank

Security (if the Security is being leased); or directly declare

exploit, use and manage the Security Assets until the Collateral is disposed of

to withdraw and fulfill all Guaranteed Obligations.

e. During the time when the Secured Assets cannot be handled, the Customer/Security Party authorizes

the right for TPBank to exploit, lease part or all of the Assets

Guarantee according to price, term decided by TPBank;

f. Other methods are not contrary to the law at the time of application.

6.2.2 The Customer/Security Party agrees and accepts that TPBank has the right to (i) decide

determine, select one, some, part or all, of the Security Assets for disposal

physical; (ii) decide to dispose of the Security Assets at any time after the date of notice

notify the handling of the Security Assets to the Customer/Security Party. In the case of a contract

proceeds from the disposal of the Security Assets differ from the currency for the performance of the Obligation

Guaranteed, Customer/Security Party agrees that TPBank has the sole and absolute discretion

determine the conversion to an appropriate currency at the exchange rate decided by TPBank in order to

debt recovery.

6.2.3 Customer/Security hereby:

a. Committed to creating all favorable conditions for TPBank to handle the Collateral in accordance with the

provided for in this Article.

b. Voluntarily handing over the Security Assets and/or the Security Documents upon request

request of TPBank and/or a third party authorized by TPBank. Accordingly, TPBank

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and/or a third party authorized by TPBank has the right to seize the Security Assets

if the Customer/Security Party breaches its obligations.

c. Authorize TPBank to lease, lend, sell/transfer assets

and sign relevant documents and papers in case of Collateral

must be handled;

d. Authorize TPBank to directly receive all sales and transfer proceeds

Security Assets from Third Parties in case the Security Assets have to be handled;

e. During the guarantee period, if the Security Property is withdrawn, forced to be transferred,

converted under the decision of a competent State agency, Customer

The Goods/Security Party agrees that all money and/or property indemnified/indemnified

Normally, support or transfer, conversion (if any) will be directly by TPBank

seize and manage to recover loans, and at the same time, the Customer/Security Party authorizes

the right for TPBank to request the Payer for compensation and/or property, support

support, convert, transfer (if any) directly pay the amounts or

assign assets to TPBank.

f. The Customer/Guarantee agrees that there will be no complaints or lawsuits (if any).

related to the handling of the Security Assets performed by TPBank, and at the same time

exempt TPBank from all damages (if any), except in the case of

intentional violation of TPBank.

6.3 Distribution of proceeds from the disposal of the Security Assets

6.3.1 The proceeds from the disposal of the Security Assets after deduction:

- Expenses for the recovery, exploitation, transportation, rental of assets, management

property management, care, preservation, property insurance, property maintenance, valuation, sale,

Auction of Security Assets and all other costs related to handling of assets

products,...;

- Court fees, judgment enforcement fees (if any) in case they are in process

initiate a lawsuit or enforce a judgment but the Customer/Security Party voluntarily hands over the

Security for TPBank to handle, leading to TPBank having to withdraw the lawsuit or

withdraw the request for judgment enforcement;

will be used to pay the Obligation Guaranteed in order: Principal, interest, fees,

overdue debt, overdue interest, fine for late payment, fine for violation, compensation for damage (if any).

If there is a shortage, the Customer is obliged to pay TPBank the remaining amount

short. If there is a balance, TPBank will pay the Customer/Guarantee this balance later

upon completion of the handling of other due obligations of the Customer/Insurer

Guarantee for TPBank (if any).

6.3.2 Where the Customer/Security Party is required to perform other obligations due to

With TPBank, the remaining amount collected from the handling of the Security Assets (after deducting expenses

fees and the payment of the Guaranteed Obligation) will also be used to pay, refund

pay these obligations of the Customer/Security to TPBank.

6.3.3 Determining the selling price of assets and organizing the sale of assets: the Parties agree on the determination order

The selling price of the asset and the organization selling the asset are as follows:

a. The selling price of the property is determined and notified by TPBank or hired by a third party

to the Customer/Guarantee;

b. Within the period as notified by TPBank, if the Customer/Guarantee does not

pay or appoint/refer a buyer of the property for a price at least equal to

TPBank announced that TPBank has the right to handle the property at the price notified to

Customer/Guarantee.

c. In case TPBank handles assets according to the selling price of the property determined according to Points

(b) above, if the property is still not sold, TPBank is entitled to reduce the selling price

assets and organize the sale and transfer of assets until they are sold

Product.

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6.4 TPBank is entitled to directly receive: (i) all funds or assets obtained from the sale,

transfer, conversion, liquidation of the Collateral; (ii) compensation from the collection

recover, confiscate the Security Assets from the Third Party or the Party obligated to pay in

in case the Collateral must be handled according to the provisions of this Article.

6.5 In the event that the Collateral is used to secure multiple obligations of the

Customer/Security Party at TPBank, if the Collateral must be handled for implementation

one obligation, then the other obligations, though not yet due, are considered to be due and

TPBank proceeds to handle the Collateral to recover the debt in accordance with the provisions of

This Contract, unless otherwise agreed by the Parties.

C. OTHER GENERAL PROVISIONS

ARTICLE 7. DEFINITIONS AND EXPLANATIONS

7.1 Unless expressly stated or the context requires it to be construed differently, in

In this edition, the following terms have the following meanings:

7.1.1 Individual “Customers” who borrow money and mortgage assets at TPBank with specific information

access to the Contract.

7.1.2 “TPBank”, is the abbreviation of Tien Phong Commercial Joint Stock Bank, including Head Office

and its branches and affiliated units as lenders and mortgagees

from Customer/Guarantee.

7.1.3 “Contract” is an abbreviation for Car Loan cum Mortgage Contract, together with all

amendments, supplements, replacements and other accompanying documents, including terms

specific agreement on car loan and mortgage between the Customer/Security and

TPBank.

7.1.4 “General Terms and Conditions of Car Loan and Mortgage” or “Terms

Terms and Conditions” means the terms and conditions of this term, including the terms

General agreement on car loan and mortgage between Customer/Security and

TPBank.

7.1.5 “Loan” means the amount of money TPBank lends the Customer to use

for the purpose specified in the Contract for a certain period of time with

Refund principle.

7.1.6 “Balance” means the entire amount owed (including outstanding balance of principal, interest, fees, penalties, compensation for damage,

other costs incurred) under the Contract that the Customer is obliged to pay

payments to TPBank.

7.1.7 “Secured Obligation” means the entire obligation to repay principal, interest, fees, expenses, penalties, and indemnification.

damages and other obligations specified in the Contract signed between the Customer

Shop with TPBank.

7.1.8 “Working Day” means the day on which TPBank opens and operates normally, except

holidays, statutory holidays or compensatory holidays.

7.1.9 “Event of Default” means the events specified in Article 3 of the Terms and Conditions

This General Account.

7.1.10 “Security Party” means a third party that uses its own property as security for

Customer, with specific information mentioned in the Contract

7.2 Principles of interpretation

7.2.1 Definitions and terms not specified in these Terms and Conditions

shall be applied and interpreted in accordance with the provisions of law.

7.2.2 If there is a conflict between the content of a particular provision and the heading

then the content of the provision will apply to resolve the issues raised

within the scope of that provision.

ARTICLE 8. COMMITMENTS AND WARRANTIES

The Customer/Guarantee hereby represents and warrants that:

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8.1 Comply with the regulations and policies of the law and TPBank related to the issuance of

credit and in the event these regulations and policies change, the Customer

commits to comply with the changed regulations and policies.

8.2 By signing the Contract, the Customer agrees and confirms

acknowledge that before establishing

Contract:

a) The Customer has been provided by TPBank with all information related to the Account

Borrowing, including without limitation interest rate information; principles and determining factors

determined; the time to determine the interest rate for the case of applying the conditional loan interest rate

correction; interest rate applied to the overdue principal balance; interest rate applicable to late interest

pay; method of calculating loan interest; fees and charges applicable to the loan; the

Criteria for determining loan customers according to lending interest rates for some capital needs

according to regulations of the Law;

b) The Customer already knows and has been provided with full information about the contract by TPBank under the

samples, general trading conditions for Customers;

c) Accept that the notice of interest, calculation of principal, interest, fees, penalties, costs, etc. was

The parties agree in the Contract to be binding on the Customer's obligations to

with TPBank, unless there is a clear error in the arithmetic calculation or not

in accordance with the law.

8.3 In case TPBank requests, the Customer/Security Party shall purchase insurance

insurance for the Collateral in accordance with the provisions of the Contract.

8.4 Withdraw capital on time as committed or agreed with TPBank and agree to pay

all related fees according to TPBank's Fee Schedule in case of breach of commitment

withdraw capital according to the provisions of the Contract and/or the Customer's debt receipt documents with

TPBank.

8.5 The Collateral is owned and used by me, there is no current dispute

mortgage, distraint, blockade, detain or have any constraints or restrictions. Guaranteed about

standard, quality, provenance of the Property, free from flammable, explosive or

any items other than the Property described in the Contract.

8.6 Not yet sold, given, exchanged, mortgaged, disposed of or used the Secured Property

as collateral in any form, not yet declared as capital of any business

which profession.

8.7 The records, information, documents and data provided to TPBank are correct and true.

8.8 During the guarantee period for TPBank, the Customer/Security Party does not sell,

give, rent, lend, exchange, mortgage, pawn, pledge or use the Secured Property

to secure any obligation of any kind, unless otherwise authorized

written consent of TPBank. In case of sale, transfer of property with

TPBank's approval, payments, income from the sale of assets (collected

and will be obtained) as replacement security. All income, payment in

In this case, it must be paid directly to TPBank's account or

Customer/Security at TPBank if approved by TPBank.

8.9 Any ancillary, yield, interest, any sum insured for the Collateral, interest

from the insurance contract are part of the Collateral.

8.10 Agree that TPBank is entitled to take measures to find out, verify or

share/disclose information related to the Customer/Security and/or the Account

Guarantee with any other third party or on any media

any public that TPBank considers necessary.

8.11 In case the amount the Customer repays the Loan to TPBank is deducted

deduction, partial or complete withdrawal according to the order/decision of the competent authority,

Customer is obliged to pay such withdrawn and deducted amount to TPBank within

within 15 days from the date TPBank gives notice of such deduction or withdrawal. Guest

Goods accept TPBank's recovery of the debt corresponding to the amount deducted, tax

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recover (re-debit or treat as unpaid by the Customer the amount of the debt corresponding to the amount

deduction, withdrawal).

8.12 In the event that TPBank has to collect debts, including early collection of debts, it is agreed that

TPBank has the right to handle any property under the lawful ownership and use of the Bank

Customer for debt recovery.

8.13 Accept that interest notices, calculation of principal, interest, fees, penalties, costs, etc. was

The parties agree in this Contract to be binding on the Customer's obligations

for TPBank, unless there is a clear error in the arithmetic calculation or

inconsistent with the law.

8.14 Agree to fully and irrevocably authorize TPBank to take measures

to recover debts (principal, interest), fees, penalties, payables, reimbursement,

Compensation for TPBank:

a) To recover all assets and sources of income of individuals corresponding to the outstanding balance;

b) Request the customer's property holder to transfer the property to TPBank;

c) Automatically temporarily lock (pause transactions) the account and take the initiative to deduct money

on the account (including but not limited to payment account, savings account,

savings, deposit accounts…), deposit contracts, any other deposited assets of the Customer

Goods at TPBank for debt recovery;

d) Make a collection order to request organizations where the Customer opens an account, sends money and/or

assets and assets to transfer to TPBank without notice or payment

prior approval of the Customer.

8.15 Agree that when there is an Event

n Violation, TPBank has the right to apply one, several or

simultaneously all of the following measures:

a) Suspend the implementation and/or declare the cancellation of documents and commitments to disburse under

Contract; or

b) Adjust the lending interest rate specified in the Contract and apply to the entire outstanding balance of the Bank

Contract for the next period from the date of interest rate adjustment in accordance with regulations

legislation. The adjusted interest rate will be according to agreement between TPBank and Customer

Row. In case the Customer does not accept the loan interest rate adjustment,

TPBank will apply the provisions at point a of this Clause.

8.16 The Customer/Security Party agrees and accepts that TPBank is

Information related to Customer, Secured Party, Loan, Collateral for Party

third party at the request of a competent state agency or as prescribed by law

law or at the request of other agencies or organizations in accordance with the provisions of law

(Competent Authority, Credit Information Center (CIC), Credit Information

application, lawyer (in case TPBank participates in a lawsuit related to the Loan

of the Customer), guarantor, auditor, credit rating agency, debt purchaser

(in debt trading relationship with TPBank related to Customer's Loan))

or any other third party (organization, individual) during TPBank's review

provide credit, manage and collect debts to customers in accordance with the law.

This Agreement is also a written notice of TPBank to the Customer/Party

Guarantee as required by law.

ARTICLE 9. RIGHTS AND OBLIGATIONS OF TPBANK

9.1 Refusing, suspending Loan disbursement if the Customer fails to meet the requirements

conditions set forth in this Agreement.

9.2 Inspect, monitor and supervise the use of the Loan and Secured Assets of the Bank

Customer, if required by law and/or TPBank deems it necessary.

9.3 Requesting another party who is managing and using the Security Assets to stop using

use and/or hand over the Security Assets, if use depreciates or reduces

decrease in the value of that property; or request the party to illegally possess or use the Property

Property Return Guarantee; seize the Assets if another party is managing and using the Assets

Product is not voluntarily handed over.

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9.4 Take measures to find out, verify or share/disclose relevant information

in relation to the Customer, the Secured Party and/or the Security Assets with another party or

on the mass media for the purposes of management, supervision and handling of

Product Guarantee.

9.5 Assignment of debt (debt sale) and other rights arising from the Contract in accordance with

in accordance with regulations on debt purchase and sale activities of the State Bank; transfer

debts for other branches and units of TPBank to manage or authorize

Perform the work of debt management and debt collection. The transfer, transfer

debt or authorization under the Contract including the assignment of rights,

obligations of security measures related to the Contract.

9.6 Granting Loans to Customers in accordance with the terms and conditions that have been agreed

favorable.

9.7 Ensure safety and confidentiality of Customer's information, unless otherwise permitted to provide

provided as agreed in the Contract, these Terms and Conditions, in accordance with the

provisions of the law.

9.8 Compensate for actual damage to the Customer in case of violation

regulations that cause damage to the Customer.

9.9 Return to Customer/Security of Security and/or Property Records

Guarantee when the Customer fulfills the Guaranteed Obligations in full and on time

Ensure compliance with the provisions of the Contract.

9.10 Other rights and obligations as stipulated in the Contract and the Terms and Conditions

this document, related documents, commitments, regulations and policies of TPBank and the law

the law.

ARTICLE 10. RIGHTS AND OBLIGATIONS OF CUSTOMERS

10.1 To be granted a Loan by TPBank if it meets the conditions as agreed.

10.2 It is recommended that TPBank consider restructuring the repayment term if the Customer meets the requirements

specified conditions.

10.3 Complaints and lawsuits if TPBank violates the agreements.

10.4 Fully and honestly provide TPBank with information and documents related to the

loans, report the use of loans and prove that loans are used properly

for the purposes stated in the Contract, documents proving the application of security measures

guarantee the loan and take responsibility for the accuracy of the information and documents provided

grant.

10.5 Use the Loan for the right purpose and pay the outstanding balance in full and on time

to TPBank or the Transferee (if any).

10.6 Paying TPBank correctly and in full according to the provisions of the Contract and/or

Customer's debt receipt documents for TPBank.

10.7 The Customer accepts that notices, interest rate fixing, principal, interest, fee calculation,

fines, costs…. of TPBank to Customers who have the value of binding obligations of

Customer, unless there is an obvious error in the arithmetic or not

in accordance with the law. Accordingly, the Customer guarantees to establish and maintain the

receive notices from TPBank according to the correct address and means (email

l/ phone…)

stated in the Contract.

10.8 Get back the Security Assets and/or Security Records when the Customer completes

into a Secured Obligation or when such obligation is secured by means

otherwise as agreed in writing with TPBank. Where the Collateral belongs to

owned by more than one person, one, some or all of the persons jointly own the Property

The Security or his or her legal representative may reclaim the Property

Security and/or Security Records after all security obligations

completed; From the time of handing over, TPBank does not bear any responsibility

in connection with the Collateral and/or the Collateral Record.

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10.9 Notify TPBank of the third party's rights to the Collateral (if

yes). In case of failure to notify, the Customer agrees that TPBank has

the right to cancel the Contract and request the Customer to compensate for the damage.

10.10 Waiver of any right of action or claim in relation to the Property and/or Property Records

Security after the Assets and/or the Security Documents have been returned by TPBank

for customers.

10.11 Release TPBank from liability for damages caused by defects in material

the nature, quality or omission of the Property; damage due to wear and tear

reasonableness of the Property caused by normal movement and impact in transit

transfer; Damage to the Property caused by the possession of other items in the Property

such as fragile, flammable, explosive… not in accordance with the description of the Property as prescribed in

Contract; damage caused by force majeure events.

10.12 Supplementing the Security Assets in accordance with the provisions of the Contract.

10.13 In case the Customer fails to perform or improperly performs its obligations with

TPBank due to a force majeure event, the Customer is still responsible

continue to perform all obligations to TPBank. Force majeure events are not

grounds to release the Customer from responsibility to perform the obligations of the Customer to TPBank.

10.14 Paying penalties for violations and compensating TPBank for all damages if Customer violates

agreed content.

10.15 Approving TPBank's debt assignment (debt sale) and other rights to issue

arising from this Contract in accordance with regulations on debt purchase and sale activities of the Bank

state goods; transferring debts to other branches and units of TPBank

manage or authorize the performance of tasks for debt management and debt collection. Job

assignment, assignment of debt or authorization under the Contract including

the transfer of rights and obligations of security measures related to the Contract

Copper.

10.16 To properly perform the commitments, warranties and other obligations and create all conditions

most favorable for TPBank to perform the agreements as prescribed in the Contract,

Conditions These Terms and the law.

ARTICLE 11. RIGHTS AND OBLIGATIONS OF THE GUARANTEE PARTY

11.1 Get back the Security Assets and/or Security Records when the Customer completes

into a Secured Obligation or when such obligation is secured by means

otherwise as agreed in writing with TPBank. Where the Collateral belongs to

owned by more than one person, one, some or all of the persons jointly own the Property

The Security or his or her legal representative may reclaim the Property

Security and/or Security Records after the entire Obligation is Secured

complete; From the time of handing over, TPBank does not bear any responsibility related to

in relation to the Collateral and/or the Security Property Records;

11.2 To properly and fully comply with TPBank's requirements, creating all the most favorable conditions for

TPBank implements the agreements specified in the Contract and other documents and agreements

attach;

11.3 Notify TPBank of the third party's rights to the Collateral (if any).

In case of failure to notify, the Guarantor agrees that TPBank has the right to

cancel the Contract and request the Guarantor to compensate for damage;

11.4 Waiver of any right of action or claim in relation to the Property and/or Property Records

Security after the Assets and/or the Security Documents have been returned by TPBank

to the Guarantor;

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11.5 Pay penalty for breach of contract and/or compensate TPBank for any damages incurred

if you breach any of the obligations set forth in the Contract and Conditions

This Clause;

11.6 Pay related expenses to TPBank and/or the Third Party (if any);

11.7 Where the Guarantor fails to perform or improperly performs its obligations with

TPBank due to a force majeure event, the Guarantor is still responsible

continue to perform all obligations to TPBank. Force majeure events are not

grounds to release the Guarantor from its obligations to TPBank;

11.8 Other rights and obligations as prescribed by law, Contract, Terms and Conditions

This Clause and accompanying documents and agreements

ARTICLE 12. TRANSPARENCY ONLY

12.1. Customers who are allowed to use credit at TPBank are always guaranteed transparency by TPBank

transparency in information, policies and fee schedules applicable to Customers.

12.2. All policies on interest rates, fees, costs and penalties for Customers

Pay when you use it

Credits at TPBank are guaranteed by TPBank to be consistent and consistent according to criteria

TPBank on the basis of fully complying with the provisions of the law.

12.3. In addition to the fees specified in the Contract and/or TPBank's fee schedule, or

fees and penalties according to the official agreement in writing between TPBank and the Customer,

TPBank does not allow TPBank staff to ask Customer to pay any more

any cost.

12.4. TPBank always adheres to and upholds the code of professional ethics. Any act of accepting bribes

Disclosure and claims of TPBank officers towards Customers are strictly prohibited at TPBank.

TPBank resolutely handles all these violations.

12.5. The Customer commits that during the process of using credit at TPBank, it will not give

money, gifts, donations, other benefits or taking any action including with

the purpose of thanking or for any other motive to facilitate the staff

TPBank violated professional ethics, affecting the reputation and image of TPBank.

At the same time, promptly notify TPBank through official information receiving channels

of TPBank3

if any violations of TPBank's staff are detected. TPBank

will not bear any responsibility in case the Customer violates the commitment

this.

ARTICLE 13. NOTICE AND AUTHORIZATION OF CONTRACT PERFORMANCE

13.1 Customer/Security Party agrees to perform the Contract, sign documents,

documents related to capital withdrawal, debt receipt and other relevant documents and documents

performed by one, some or all of the persons of the Customer who sign

on the Contract are legally binding on the Customer.

13.2 Customer/Security Party is responsible for notifying TPBank within 05 days

from the date the Customer/Guarantee arises any event that changes the information

information, status and/or influence on the use of the Loan by the Customer

Goods at TPBank.

13.3 All notices and information exchange between TPBank and the Customer/Security Party are

follow the address and communication channels (such as sms, email, fax...) of the Parties

noted at the beginning of the Contract. All notices, registration to change information of

Customer/Security Party is valid after 05 days from the date of receipt by TPBank

notice from the Customer/Guarantee.

13.4 Notices and information provision between the parties related to the performance of the Agreement

Copper is sent or received by one of the methods of direct delivery, postal mail

 

3 Website: https://tpb.vn

 Call Center: 1900 58 58 85/ 1800 58 58 85/ (024) 37 683683

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and/or by electronic means such as fax, email, text message to each Party's address at

the first part of the Contract or the address according to the notice of change of each Party from time to time.

The notification and exchange of information related to the Contract made and sent by one Party to the

The other party is considered to have been received if it falls into one of the following cases:

a) Paper documents are sent directly at the address specified in the Contract.

b) Two Business Days immediately after the date the paper document is sent by registered mail or

four Business Days immediately following the date the regular postal mail arrives

address specified in the Contract.

c) On the Business Day immediately following the date the document is faxed to the fax number

as agreed in the Contract and the fax machine has been sent successfully.

d) On the email date, each Party's message is successfully sent to the email address, phone number

of the other Party.

ARTICLE 14. IMPLEMENTATION PROVISIONS

14.1 The Contract is signed between TPBank and the Customer/Security Party together with this Article

These Terms and Conditions form a unified whole, representing the agreement

of the Parties on auto loans and mortgages. The Parties commit to fully comply

agreed contents. During the performance, if one of the Parties or all

Both Parties need to change the terms of their commitment, the Parties will discuss and agree to sign

supplement and amend the Contract. All amendments and supplements to the Contract must be made in writing

and with the consent of both Parties.

14.2 In the event that a provision is invalidated by the judgment of the competent authority,

jurisdiction or due to a change in law, the remaining terms will remain in effect

force with the Parties. The Parties will discuss and agree to amend and supplement that provision

accordingly based on the remaining provisions or as required by law. For

arising issues that are not provided for in this Agreement and Terms and Conditions

Vietnam's current law provisions will be applied to resolve.

14.3 The Parties undertake to perform all their rights and obligations as agreed in the Agreement

Terms and Conditions Terms and Conditions. In case the rights and obligations of the Parties are prevented

and/or fail to perform, all disputes between the two parties will be brought to the Court

competent people to resolve. The Court's decision is the sole judgment

and is binding on the parties. The losing party must bear all court costs, fees,

costs incurred in connection with dispute resolution. Customer/Guarantee

agree and agree that, in the case of

When necessary, TPBank has the sole discretion to decide,

select, request the competent People's Court to consider applying summary procedures to

settle disputes of the Parties without encountering any objection or impediment

from the Customer/Guarantee.