Dong Nai Social Policy Bank reduces social housing loan interest rate to 5.4%/year

Dong Nai Social Policy Bank has adjusted down the social housing loan interest rate for all customers borrowing to buy or lease social housing with outstanding debt at the Social Policy Bank from 6.6%/year to 5.4%/year.

Dong Nai Social Policy Bank has adjusted down the social housing loan interest rate for all customers borrowing to buy or lease social housing with outstanding debt at the Social Policy Bank from 6.6%/year to 5.4%/year.

Implementing Decree 261/2025/ND-CP on amending and supplementing a number of articles of Decree 100/2024/ND-CP detailing a number of articles of the Housing Law on the development and management of social housing of the Government and the direction of the Vietnam Bank for Social Policies, Dong Nai Bank for Social Policies has adjusted down the interest rate for social housing loans for all customers borrowing to buy or hire-purchase social housing with outstanding debt at the Bank for Social Policies from 6.6%/year to 5.4%/year. From a professional perspective, this activity is carried out in accordance with regulations, but from a management perspective, this interest rate reduction has great and practical significance for the people, who are policy subjects to buy or hire-purchase social housing.

Firstly, with the provisions of the Decree on lending interest rates and transitional provisions, Dong Nai Social Policy Bank has adjusted the interest rate down to 5.4%/year for 1,255 customers, with a total outstanding debt of over VND 531 billion (as of the end of October 2025). Thereby, creating more motivation and joy for many people, who are policy subjects who are allowed to rent, rent-purchase and buy social housing and are borrowing capital from the Social Policy Bank in the province.

Second, the reduction in interest rates brings direct benefits to borrowers, contributing to improving and enhancing the quality of life of policy subjects buying and renting social housing. With a reduction of 1.2%/year compared to before, it not only reduces the pressure of paying interest but also creates conditions for borrowers to spend more of their income on essential needs, stabilizing their lives better.

Third, it is suitable for practice and creates favorable conditions for people to access capital to create housing. The adjustment of interest rates along with the expansion of loan conditions, the increase of low income thresholds, etc. creates a set of synchronous solutions, suitable for practice and creates favorable conditions for people to access policies and access social policy capital to create housing. When interest rates decrease, borrowing costs decrease and the amount of debt repayment (principal and interest) decreases, borrowers not only ensure that customers pay principal and interest but also have a better life: both having a house and ensuring family living expenses. In that sense, this policy brings dual benefits and development motivation with the goal of ensuring social security and improving growth quality.

These are specific, practical results and actions, reflecting correct, accurate and humane policies, meaning that resources are used effectively for solutions for sustainable economic growth and development.

Source: https://thoibaonganhang.vn/nhcsxh-dong-nai-giam-lai-suat-cho-vay-nha-o-xa-hoi-xuong-54nam-173267.html