Lower interest rates on many policy credit programs

VTV.vn - The Vietnam Bank for Social Policies has just adjusted to reduce interest rates for many policy credit programs, effective from December 1, 2025.

The People's Credit Fund reduces lending interest rates for policy credit programs from December 1.

Interest rates for loans to the poor; loans to students according to Decision No. 157/2007; loans to workers working abroad; loans to people who have completed their prison sentences are adjusted down from 6.6%/year (equivalent to 0.55%/month) to 6.24%/year (equivalent to 0.52%/month).

Interest rates for loans to near-poor households and loans for job creation are adjusted down from 7.92% (equivalent to 0.66%/month) to 7.488%/year (equivalent to 0.624%/month).

Interest rates for loans to households engaged in production and business in disadvantaged areas and loans to traders engaged in commercial activities in disadvantaged areas are adjusted down from 9.0%/year (equivalent to 0.75%/month) to 7.8%/year (equivalent to 0.65%/month).

The lending interest rate for newly escaped poverty households has been adjusted down from 8.25%/year (equivalent to 0.825%/month) to 7.8%/year (equivalent to 0.65%/month).

Interest rate for loans for clean water supply and rural environmental sanitation is adjusted down from 9.0%/year (equivalent to 0.75%/month) to 8.4%/year (equivalent to 0.70%/month).

Interest rates for loans for socio -economic development in ethnic minority and mountainous areas and loans for workers in poor districts to work abroad have been adjusted down from 3.3%/year (equivalent to 0.275%/month) to 3.12%/year (equivalent to 0.26%/month).

Interest rates for loans to support land for production and job conversion are adjusted down from 3.3%/year (0.275%/month) to 3.12%/year (0.26%/month); loans to support production development along the value chain for poor households are reduced from 3.3%/year (0.275%/month) to 3.12%/year (0.26%/month), for near-poor households, enterprises and cooperatives are reduced from 3.96%/year (0.33%/month) to 3.744%/year (0.312%/month).

The new interest rates of the policy credit programs mentioned above will officially be applied from December 1, 2025 for outstanding loans at the Vietnam Bank for Social Policies.

The adjustment of interest rates for current policy credit programs of the Vietnam Bank for Social Policies demonstrates the timely and humane intervention of the Party and State in listening to people's thoughts and aspirations, contributing to supporting people to stabilize their lives and restore production and business, especially in the context of recent storms and floods causing heavy damage in many localities across the country. Thereby, continuing to affirm the important role of policy credit in ensuring social security for people.

Source: https://vtv.vn/ha-lai-suat-nhieu-chuong-trinh-tin-dung-chinh-sach-10025120210395259.htm