Phone in hand - receive immediate support of up to 10 million Vietnamese dong through the Cashberry app

Cashberry - quick, convinient 24/7 online loans solution

CashBerry is a financial company, providing an online loan consultation service that is fully automated, disbursed within the day.

Loan term, days

By clicking on the Get a loan button above, you agree that you have read and agree with all content provided in the Terms and Condition and Privacy Policy

Payment date: 1
To return: 1 ₫

The conditions for applying for a loan at Cashberry

4 easy steps to register for a loan

1
Filling in the registration form
Provide a phone number and fill in personal information. Register and send request for a loan.
2
Getting approval and Signing an Agreement
The approval results will be anounce via phone call. Only need to log in to Personal account and sign an Agreement.
3
Receive money
After the application is approved, our partner will transfer the money to your account.
4
Repayment
Make repayment to our partner according to the instructions.
Loan
Loan
with flexible terms at CashBerry
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum
Get loan
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum

Bank loan policy Social policy 2021 supports people with low interest rates to improve social life. What are the terms and conditions of the loan?

Policy bank loans social policy in 2021 brought many benefits for customers. However, this loan product is quite limited. Let's find out about the conditions, interest rates, and how to get a loan from a Social Policy bank !

Bank loans What is social policy?

According to Decision 16/2003 Social Policy Bank is a credit institution directly under the Government of Vietnam to support policy beneficiaries and families to borrow capital, established and operating under Decision No. 131/2002/ Decision - TTg dated October 4, 2002 of the Prime Minister.

The Bank for Social Policies operates not for profit, implementing preferential credit policies for the poor and other policy beneficiaries. Therefore, Policy Bank always supports loans with low interest rates, but the borrowers will be limited.

Below is a list of loan products deployed by the Bank for Social Policies.

Number

Loan products

1

Loans to poor households

2

Loan capital to export labor

3

Loans to poor households for housing under Decision 167 of the Prime Minister

4

Loans to poor households in 62 poor districts

5

Student loans, students

6

Loan for job creation

7

Loans for clean water and rural sanitation

8

Loans for houses in frequently flooded areas in the Mekong Delta

9

Loans to households for production and business in difficult areas

10

Loans for Small and Medium Enterprises (KfW)

 

The Bank for Social Policies provides loans to people such as students, poor households, business households, etc.

The Bank for Social Policies provides loans to people such as students, poor households, business households, etc.

Subjects eligible for loans from the Bank of Social Policies

According to Articles 5 and 6 of Decision 16/2003 stipulating who can borrow capital from the Bank of Social Policies with specific purposes of use as follows:

1. Poor households.

Use in:

a) Procurement of supplies, equipment, plant varieties and livestock, payment for services in service of production and business;

b) Contribute capital for implementation of production and business cooperation projects approved by competent authorities;

c) Solve part of the essential needs of: housing, electricity for lighting, clean water, learning.

2. Students with difficult circumstances are studying at universities, colleges, professional secondary schools and vocational schools.

Use loan capital to purchase learning materials and other expenses for studying at school.

3. Objects needing loans to create jobs according to Resolution No. 120/HDBT dated April 11, 1992 of the Council of Ministers (now the government).

4. Policy subjects to work abroad for a definite time.

Use loan capital to pay training fees, service fees, deposits, air tickets.

5. Economic organizations and production and business households on islands; belonging to mountainous regions II and III and under the socio-economic development program of communes with special difficulties in mountainous, deep-lying and remote areas (hereinafter referred to as program 135).

6. Other subjects upon decision of the Prime Minister.

Bank loan interest rate Social policy

Pursuant to Article 11, Decision 16/2003 lending interest rates are specifically regulated:

"first. The preferential lending interest rate is decided by the Prime Minister for each period at the proposal of the Board of Directors of the Bank for Social Policies, uniformly at one level throughout the country, except for economic organizations belonging to the Social Policy Bank. Subjects specified in Clauses 3 and 5, Article 2 of the Decree on credit for the poor and other policy beneficiaries are decided by the Board of Directors, with interest rate discrimination between Region II and Region III.

2. Overdue debt interest rate is calculated at 130% of lending interest rate”.

Below is a table of loan interest rates of the Bank for Social Policies, you can refer to.

Interest rate table for loans of the Bank for Social Policies 2021

Number

Object for loan

Interest rate

I

Poor households

1

Loans to poor households

6.6%/year

II

Near-poor households

1

Lending to near-poor households

7.92%/year

III

New households out of poverty

1

Lending to households to get out of poverty

8.25%/year

IV

Student

1

Loans for students with difficult circumstances

6.6%/year

V

Objects needing loans to create jobs

1

Loans to employees who are ethnic minorities living in areas with extremely difficult socio-economic conditions, people with disabilities

3.96%/year

2

Loans to production and business establishments that employ 30% or more of the total number of employees who are disabled

3.96%/year

3

Loans to production and business establishments employing 30% or more of the total number of employees who are ethnic minorities

3.96%/year

4

Loans to production and business establishments employing 30% or more of the total number of employees who are disabled and ethnic minorities

3.96%/year

5

Loans to other objects

7.92%/year

VI

Subjects going to work abroad for a definite term

1

Loans for workers of poor households or ethnic minority households in poor districts for labor export according to Decision No. 27/2019/QD-TTg

3.3%/year

2

Loans to the remaining subjects of poor districts to export labor according to Decision No. 71/2009/QD-TTg

6.6%/year

3

Loans for workers to work abroad under contract

6.6%/year

VII

Other subjects as decided by the Government

1

Loans for clean water and rural sanitation

9.0%/year

2

Loans to households for production and business in difficult areas

9.0%/year

3

Loans to traders doing commercial activities in disadvantaged areas

9.0%/year

4

Loan for forestry development

6.6%/year

5

Small and medium business loans

9.0%/year

6

Loans to support poor households in housing

3 years

7

Home loan with deferred payment in the Mekong Delta

3 years

8

Loans to poor households to build houses to prevent storms and floods in the Central region

3 years

9

Loans for social housing according to Decree No. 100/2015/ND-CP of the Government

4.8%/year

10

Loans for planting production forests and animal husbandry according to Decree 75/2015/ND-CP of the Government

1.2%/year

11

Loans for socio-economic development in ethnic minority and mountainous areas according to Decision No. 2085/QD-TTg

3.3%/year

12

Loans for projects to expand financial access for people with disabilities (Nippon project)

6.6%/year

13

Loans to households and people living with HIV, people after drug addiction treatment... according to Decision No. 29/2014/QD-TTg

6.6%/year

14

Loans to southern grassroots volunteers to participate in the resistance war in the period 1965 - 1975 according to Decree No. 112/2017/ND-CP of the Government

6.6%/year

 

Interest rates on loans of policy banks are quite low, but getting a loan is not easy

Interest rates on loans of policy banks are quite low, but getting a loan is not easy

In general, lending interest rates of policy banks are quite reasonable, from 1.2% - 9.0%/year. See if you are eligible for a loan at Policy Bank .

Conditions for bank loans Social policies

Conditions for borrowing capital specified in Article 8 of this Decree are as follows:

"1. Borrowers who are poor households must have a lawful residence address and must be included in the list of poor households decided by the commune-level People's Committees according to the poverty line announced by the Ministry of Labor, War Invalids and Social Affairs, and approved by the savings group. and borrow capital to comment and make a list certified by the commune-level People's Committee.

2. Borrowers who are other policy beneficiaries must comply with the State's current regulations and regulations in the government's decree on credit for the poor and other policy beneficiaries.

Bank loan procedures Social policies

Borrowers of policy banks need to prepare documents with the following documents.

●    Loan application form available from the bank.

●    Certificate of recognition of poor households, near-poor households, policy families, etc., certified by the locality/competent agency.

●    Borrowers need to have an admission letter from the university or college they are attending.

The officer in charge will check and compare the application information according to government regulations after receiving the borrower's application.

If the loan conditions and the borrower's information are consistent with the regulations, the loan list will be sent to the bank for approval and disbursement.

Loan term of policy bank

The loan term is decided according to the purpose of each loan package specified in Article 7 of this Decree:

"1. Short-term loans are loans with a loan term of up to 12 months.

2. Medium-term loans are loans with loan terms from over 12 months to 60 months.

3. Long-term loans are loans with a loan term of more than 60 months”.

In addition, Article 14 of this Decree also stipulates the loan term, debt extension, and overdue debt transfer, specifically as follows:

"1. The loan term is determined based on the borrower's purpose of using the loan and the repayment period of the program or project, taking into account the borrower's ability to repay.

2. In case the borrower fails to repay the loan on time as committed because it has not been harvested, is delayed longer than expected or has not been sold, the director of the bank branch where the loan is located shall consider extending it. in debt. The loan extension of the trustee organizations depends on the agreement between the entrusting party and the entrusting party stated in the contract.

3. In case of seasonal loan: The loan term is the period of the next production cycle.

4. Where the borrower uses the loan for the wrong purpose; If the borrower has the ability to pay the due debt but is inactive to pay, the debt will be transferred to the past due date. Lending organizations shall cooperate with local authorities and socio-political organizations to take measures to recover debts.

5. The loan term, debt extension, changeover of seasonal loan, conversion to pending debt, transfer of overdue debt shall comply with the regulations of the Board of Directors of the Bank for Social Policies.”

Thus, bank loans Social policy is one of the policies implemented by the State to support and solve difficulties for priority subjects. Thereby helping to improve the economy, life and social security. When accessing this loan program, borrowers need to carefully study the information and determine the right needs to make the loan process convenient and fast.

Many people choose to borrow money at the Bank for Social Policies because of its attractive interest rate and many benefits. However, not everyone can easily get a loan at this bank because of the binding conditions and restrictions on the subjects.

Therefore, when you need money urgently during the day, you can choose to borrow money online CashBerry .

Fast online loan just need ID card / CCCD, maximum limit of 10 million VND

Fast online loan just need ID card / CCCD, maximum limit of 10 million VND

Why should you borrow money online CashBerry?

Quick loan with CashBerry website / application, is one of the best options for you who are in need of money urgently . Because at CashBerry, you will get a loan quickly, just 30 minutes, you can receive money to your wallet.

Here are the reasons why you should choose CashBerry to borrow money.

●    Fast online loan 1 - 10 million in 24H.

●    Flexible term 7 - 30 days (according to customer needs).

●    Interest rate 10.95 - 14.6%/year is the lowest in the market today.

●    No mortgage, no proof of income.

●    Borrow 100% online without meeting.

●    The loan contract is transparent and specific, customers are informed of loan information before borrowing.

●    Bank bad debt is still supported .

●    Loan extension when it is difficult to repay the loan.

●    There are many preferential programs from time to time such as early payment will be reduced interest, loyal customers will be increased loan limit, ...

Steps to apply for a quick CashBerry loan online:

CashBerry is always proud to be the unit that provides customers with online loan services with simple application procedures and fast disbursement time. To complete the loan process with CashBerry, customers only need to go through the following basic steps:

●    Step 1: Download the CashBerry app or visit the cashberry.vn website on your smart mobile device and complete the profile with the necessary personal information.

●    Step 2: After registration is complete, wait for loan approval for about 15 minutes. The appraiser will contact you to confirm the information and inform the loan approval amount.

●    Step 3: If the application is approved, you will be disbursed to your bank account immediately.

Besides simple procedures, 100% online support, CashBerry also has a customer care team to help you 24/7. If you have any questions about the loan application process, you can contact hotline 1900 63 83 85 or send a message to Fanpage CashBerry - Everyone's financial friend for answers.

The above is the necessary information for those who are looking to learn how to get a loan from the Social Policy 2021 bank . Besides, if you are not supported by the Policy bank, you still have other solutions, like CashBerry for example. Do not forget to contact CashBerry when having financial difficulties.

Help Help