A beautiful house to welcome the Year of the Snake with Techcombank's home repair loan solution, limit up to 3 billion VND

Renovating a new, clean and beautiful house to welcome the New Year is a legitimate need of many people. However, the high cost of construction materials and labor makes people hesitate to renovate their house to welcome the New Year.

House repair during price storm - A concern for many people

In 2024, the economy has not shown any signs of improvement, leading to inflation, which has somewhat affected people's income. In addition, the increase in electricity prices (October 2024) has also led to higher construction material prices than before, making people hesitate and delay in implementing their home renovation plans to welcome the Lunar New Year 2025. In addition, the shortage of labor is also a factor affecting homeowners' budgets because this is the time when the demand for home renovation increases.

“My family has 3 generations living in a 20-year-old house that has shown many signs of deterioration and wants to renovate the house to welcome the Lunar New Year. I plan to upgrade the 2nd floor and build a small house in the yard to serve as a warehouse at a cost of about 300,000,000 VND. However, the current increase in construction materials and labor costs has my family worried because the cost has increased to 500,000,000 VND.” Mr. Nguyen Danh Thang (Dong Da, Hanoi ) shared.

“Since October, I have planned to renovate the house, buy new furniture, beds and wardrobes for my parents with a budget of 500,000,000 VND, but towards the end of the year, prices have increased, making my budget only enough to repair the house frame, paint the walls and roof, but not enough for the interior,” Ms. Nguyen Boi Phuong (Thu Duc City) shared.

Nhiều người cảm thấy đắn đo khi đưa ra quyết định sửa nhà đón Tết Nguyên đán thời bão giá.

Many people hesitate when deciding to renovate their house to welcome Tet holiday during the price storm.

Renovate your home to your liking for the Lunar New Year with Techcombank's home repair loan solution

With a loan limit of up to 3,000,000,000 VND and many attractive incentives, Techcombank's home repair loan solution has been chosen by many customers to fulfill their desire to repair their homes to welcome the Lunar New Year 2025.

Although home repair needs fall under the consumer loan category, Techcombank’s solution has a long loan term of up to 20 years and a maximum loan ratio of 80% of total capital needs. This loan policy has helped reduce pressure on customers.

In particular, with a maximum loan limit of 3,000,000,000 VND, borrowers have enough budget to repair their house and furnish it according to their and their family's wishes.

Flexible home repair loan conditions are also an outstanding advantage in this loan solution of Techcombank. Accordingly, customers (KH)* aged 18 and over can borrow to repair houses not only for themselves (KH's spouse) but also for relatives such as the father/mother of the KH/KH's spouse; biological/adopted children and spouses of biological/adopted children of the KH/KH's spouse.

(*) Only applicable to existing Techcombank customer groups; customers who satisfy the credit history conditions as prescribed by Techcombank; meet the home repair credit conditions prescribed by Techcombank from time to time.

“In addition to the incentives in the loan policy, Techcombank's home repair loan application procedures are quite simple to help people have a simple, convenient bank loan process, saving time and effort.” - Techcombank representative said. Accordingly, customers need to prepare documents including:

Application for home construction/repair loan (according to Techcombank's form)
Personal documents: ID card/CCCD/Passport with legal validity
Permanent residence registration/KT3/Temporary residence book still valid
Documents proving the purpose of the loan for home repair: Construction permit...
Documents proving collateral

“I had planned to postpone the house repair plan for my parents until next year because I was afraid that I would not have enough budget. If I borrowed from the bank, the disbursement might be slow and I would not be able to finish it before Tet. But, fortunately, I found out about Techcombank's home repair loan package. Thanks to the enthusiastic support of the staff, I was able to complete the procedures and get the disbursement to help me repair the house in time for Tet for my parents,” Ms. Nguyen Boi Phuong excitedly shared.

Chọn giải pháp vay sửa nhà Techcombank để sửa nhà đúng ý đón Tết Ất Tỵ 2025.

Choose Techcombank home repair loan solution to repair your home to your liking to welcome Tet At Ty 2025.

With simple procedures, high loan limits, and long loan terms, Techcombank's home repair solution will help your family welcome the New Year of the Snake 2025 in a spacious space.

If you need more detailed information about home repair loan solutions, please contact: