Competitive interest rate on outstanding loan (remaining loan)
Auto loan
Buy a car for many journeys with your family
Features
Competitive
Flexible
Flexible disbursement method: once or multiple times according to actual payment schedule
Flexible
Applicable to both new and used cars
Eligible clients
Individuals of Vietnamese nationality
Aged 18 or older
Benefits
Loan details
Loan term
- Loan secured by purchased car: up to 72 months
- Loan secured by other security: up to 84 months
Collateral: the vehicle itself or other property
Loan amounts up to 90% of fund usage plan (*)
Repayment method
Flexible repayment method based on remaining loan and in line with client’s incomes
Competitive interest rate applied on outstanding loan (remaining loan)
Loan conditions
Client must have stable incomes as proof of repayment capability from the following sources: salary, business revenues, house/land/car rental payments, capital contributions, dividends, etc.
Collateral: the car intended to be purchased, or other properties owned by customers or family members
Register for an Auto loan
Step 1
Register online; or
Contact Asia Commercial Bank (ACB) for consultation.
The nearest ACB branch or sub-branch; or
247 Contact Center at 1900 54 54 86 - (08) 38 247 247
Step 2
Client prepares and submits documents following ACB's consultation
Loan request form and loan funds usage plan (form provided by ACB)
Personal documents:
ID card/Passport;
Household Registration Book; and
Proof of incomes: Labor contract, Bank account statement, etc.
Ownership certificate(s) related to the collateral.
Step 3
ACB appraises, approves loan profile, and client receives notification of approval results
Step 4
Client prepares documents and finishes procedures before disbursement.
Step 5
Disbursement