OCB supports loans up to 80% to help customers own a car before Tet.

Seizing this opportunity, Orient Commercial Bank (OCB ) has introduced a flexible auto loan solution, making it easier for customers to own a new car with quick procedures, competitive interest rates, and suitable loan limits.

Specifically, OCB's loan package allows customers to borrow up to 80% of the vehicle's value, significantly reducing the initial cost and making it easier to access models within their desired price range. The loan term extends up to 84 months, helping borrowers manage their cash flow effectively and reduce the pressure of monthly installments.

One of the highlights of this loan package is its competitive interest rate, suitable for office workers, young families, business owners, or customers who want to take advantage of major promotions from car manufacturers at the end of the year but don't have sufficient funds immediately. In particular, the quick approval time of just 2 hours, simple application process, and streamlined procedures allow customers to quickly complete the paperwork and receive their car within a few days – a significant advantage during the peak period leading up to Tet (Lunar New Year).

*With many outstanding advantages, OCB's new car loan package helps customers realize their dream of upgrading their car before the new year.*

In fact, the need for safe and proactive transportation for work, picking up and dropping off children, or undertaking long-distance trips has made cars an essential means of transport in recent years. Data from the Vietnam Automobile Manufacturers Association (VAMA) shows that the automotive market in October 2025 saw an impressive surge with 24,000 passenger cars and over 12,500 commercial vehicles sold, marking a clear recovery in consumer demand. At the same time, TC Motor sold over 8,400 vehicles and VinFast delivered nearly 17,000 vehicles, contributing to a total market volume exceeding 63,000 vehicles – a figure reflecting the booming automotive segment just before the Lunar New Year.

The surge in purchasing power is partly due to people's desire to upgrade their vehicles before the new year, and partly due to a series of promotional programs from car manufacturers and dealerships. Direct price reductions, support for registration fees, free accessories, and after-sales service packages have made buying a car at the end of the year more convenient.

However, for many customers – especially first-time car buyers – financial concerns remain a major obstacle. Balancing the initial budget, the pressure of monthly installments, and the complexity of car loan applications can all become barriers. This is why financial solutions from banks are expected to play a key role, helping buyers reduce their burden and unlock more confidence in their decision to own a new car.

Mr. Minh, 32 years old, residing in District 7 ( Ho Chi Minh City), shared that he needed to buy a car to take his children to school, for daily commuting, and to take his family back to their hometown for Tet (Lunar New Year), but he lacked the necessary funds. Thanks to OCB's support, his application was processed quickly, and he received his car after only a week. The monthly installments also didn't put pressure on his family's expenses. " I feel very reassured because the process was simple and the support was very quick. Buying a car became much easier and more convenient than I expected ," Mr. Minh said.

OCB's leadership also emphasized that the auto loan product is designed based on the actual behavior and needs of Vietnamese people, especially during the year-end shopping season: “ Beyond providing financial solutions, OCB also aims to accompany customers through important milestones in their lives. For example, the recently launched auto loan package is expected to provide a fast, easy, and optimized experience, helping customers confidently own their dream car at the most meaningful time of the year .”

With the automotive market entering a vibrant phase and many models being offered at significantly reduced prices by various brands, the end of the year becomes a golden opportunity for customers to upgrade their vehicles. The combination of incentives from car manufacturers and flexible loan packages from OCB makes the goal of owning a car more achievable than ever.

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