Individuals and households can borrow 300 million VND without collateral.

On June 20, the State Bank informed about Decree No. 156/2025/ND-CP issued on June 16, 2025 by the Government, amending and supplementing a number of articles of Decree No. 55/2015/ND-CP dated June 9, 2015 by the Government on credit policy for agricultural and rural development, which has been amended and supplemented by a number of articles according to Decree No. 116/2018/ND-CP dated September 7, 2018 by the Government (Decree 156). The Decree takes effect from July 1, 2025.

Raising loan levels for individuals and households without collateral. Illustrative photo

The amended and supplemented regulations in Decree 156 aim to meet the actual capital needs for agricultural production, contribute to unlocking resources for the rural agricultural sector, and contribute to the goal of accelerating and breaking through socio -economic development in the coming time.

Accordingly, the unsecured loan amount for individuals and households will increase from VND100-200 million to VND300 million. The unsecured loan amount for cooperatives and business households will increase from VND300 million to VND500 million.

The unsecured loan amount for farm owners is increased from 1-2 billion VND to 3 billion VND. The unsecured loan amount for cooperatives and cooperative unions is increased from 1-3 billion VND to 5 billion VND.

The new Decree also removes the content related to the requirement to submit a certificate of land use rights and ownership of assets attached to the land that has not been granted a certificate of land use rights and that the land is not in dispute, confirmed by the People's Committee at the commune level; at the same time, it stipulates that customers are allowed to borrow without collateral and the credit institution must agree (instead of the mandatory requirement as previously prescribed) on the customer submitting to the credit institution a certificate of land use rights and ownership of assets attached to the land of the customer during the loan period without collateral at the credit institution.

Decree 156 supplements the credit policy to encourage organic and circular agriculture to enjoy the same credit policy as customers producing high-tech agriculture and linking in agricultural production (regarding the loan level without collateral, risk handling mechanism) to suit the current trend of agricultural development according to new models under the direction of the Prime Minister .

Source: https://hanoimoi.vn/ca-nhan-ho-gia-dinh-co-the-duoc-vay-300-trieu-dong-khong-can-tai-san-bao-dam-706254.html