BIDV supports young people in 'settling down'.

BIDV is launching a 40,000 billion VND credit package to support young people in owning homes. Individual customers aged 35 and over who wish to buy or rent-to-own a house nationwide will receive a subsidized interest rate of 5.5% per year, fixed for the first three years, and in subsequent years, the interest rate will be equal to the 24-month term deposit interest rate plus 3% per year.

"Having BIDV means having a home."

The loan term for this credit package is up to 40 years, and notably, there is no principal repayment required for the first 5 years, applicable to a maximum loan amount of 5 billion VND per customer. For projects that commit to allocating at least 30% of the total output to young people, the developer will receive a preferential interest rate of 6% per year, fixed for up to 24 months, and in subsequent years, the interest rate will be 1-2% lower than the normal rate.

The credit package supporting young people in buying/renting-to-own homes, applicable from March 26th to December 31st, 2025, features many outstanding policies applied for the first time, helping the younger generation easily realize their dream of owning a home.

With six awards recognizing it as "Best Housing Loan Product in Vietnam" and a decade as the leading "Best Retail Bank in Vietnam," BIDV continues to affirm its pioneering position with the largest and most advantageous loan package on the market, specifically designed for young homebuyers. This is also clear evidence of BIDV's long-term commitment: "With BIDV, you can have a home."

With this loan package, customers can borrow up to 70% of the value of the house they intend to buy and 50% for lease-purchase needs. Customers borrowing to buy/lease-purchase a house can flexibly choose suitable collateral such as: securities/deposit balances, the house they intend to buy/lease-purchase with the loan; other owned real estate…

Simultaneously, competitive interest rates and a policy of principal repayment waiver for up to 5 years help young people feel completely at ease, reducing the pressure of debt repayment and enjoying life in their dream home.

Aiming to fully address the housing supply and demand imbalance and encourage developers to target young customers, BIDV is a pioneering bank offering preferential loan packages for project developers. BIDV considers lending up to 75% of the total investment with unlimited loan terms, tailored to the project's cash flow. This credit package applies to both new loan projects and projects already approved by BIDV but not yet disbursed. Furthermore, BIDV prioritizes disbursement to developers offering discounted prices for young buyers.

To ensure the effective disbursement of the 40,000 billion VND credit package, BIDV has strived to optimize processing procedures to provide maximum support to customers regarding loan application procedures and documents; shortening appraisal time, approval time, and disbursement time… Customers can visit BIDV branches nationwide to learn about and complete the procedures for preferential loan applications.

Over 68 years of construction and development, BIDV has continuously innovated, expanded its scale, and improved the quality of its services to become the first and only financial institution with the largest total assets, loan balances, and deposits in the market, exceeding 2 trillion VND.

BIDV has always been a pioneer, proactively and effectively implementing monetary policy and directives from the Government and the State Bank of Vietnam. In 2024, BIDV proactively implemented solutions to support customers such as preferential loan interest rates, increased loan-to-value ratios, improved processes, enhanced service quality, and standing alongside businesses during difficult times. In total, BIDV allocated over VND 8,600 billion of its income to share the burden with customers.

Source: https://baochinhphu.vn/bidv-ho-tro-nguoi-tre-an-cu-102250327155624845.htm