Consumer loans: “Wide-opened doors” to Big Loans

Is it existing the product of “One Loan for All Consumptions”?

Over the past few years, it has become easier for Vietnam consumers to approach bank loans for personal consumption. However, there have a lot of complaints that this loan is granted by banks with just limited value. Moreover, the proof of loan purposes annoys consumers. So it’s good news to many consumers to learn that SeABank has just launched a product of consumer loans with collaterals for a limit of 10 million VND up to 5 billion VND, which is applicable for a wide range of purposes from procurement of houses, household goods to cars and motorbike within only one loan.

Ms. Phạm Hương –a staff of FPT delightedly said: “Despite our both high salaries of over 1000USD/ month, it takes about 20 years for me and my husband to adapt a house and a car. I tried getting to banks several times but they gave us low limits, not to mention the complicated procedures to prove our borrowing purposes. Dispiritedly, I was about to give up but I then learnt about SeAMore to be provided by SeABank by chance. My husband and I discussed and decided to apply for a loan of 3 billion VND to build a house, buy a car with the collateral being the house we are living in. I think that the big amount granted by SeABank to consumer loans opened the door to the demads of consumption and life enjoying with much more simple procedures. Dispite the big loan amount, it’s possible for us to arrange the repayments thanks to the long tenor of up to 10 years”.

Consumer loans – a natural trend of society development

As a natural rule of supply and demand, more and more people desire to enjoy the physical values. Instead of waiting for a full accumulation, customers may adapt their own consumer demands by credit products, which is a positive sign of the economy from the points of both macro and micro views. However, a large number of consumers hesitate banking loans due to complicated procedures.

Mr. Hải, staff of PVGas, just completing the loan application with SeABank, said: “After granted a loan for house repair and car purchase, I found out that borrowing from banks is both hard and simple. If I have a job with sufficient financial capability and collateral, I can absolutely apply for a loan to implement my plans without waiting for accumulation. Procedures and services provided by the bank are very good, I’m really satisfied and even a bit surprised. After the advisory of SeABank staff, I completed the application and got the disbursement 4 days later. In my opinion, we should encourage this type of consumer loan to trigger the development of the society as well as the life qualities.”

Customers interested in SeAMore provided by SeABank may place a toll-free call to 1800 555 587, access our website at www.seabank.com.vn or visit the nearest outlet of SeABank for further free advisory and support.