Car loans for individual customers
Own the car of choice and enjoy every journey with VRB
.png&w=96&q=75){kind=small}
Loan-to-value ratio of up to 80% of the value of new cars from Japanese, Korean, American, European, Russian, and Vietnamese brands; up to 70% of the value of used cars from the same brands
Reimbursement may be considered: up to 12 months for new cars and 6 months for used cars
Approval within 4 hours for eligible customer and vehicle segments meeting the applicable requirementsProduct information
Target customers
Vietnamese individual customers and foreigners who meet VRB’s lending requirements
Having a demand for purchasing a car for personal use and/or business purposes
Product features
Loan amount: Up to 100% of the financing need
Loan tenor up to 60 months. Up to 84 months for new cars purchased for personal use, or for loans fully secured by real estate, savings certificates, valuable papers, or deposit balances issued by VRB or BIDV
Applicable to both new and used cars
Required documents
.png&w=64&q=75){kind=small}
Citizen ID card/Passport
.png&w=64&q=75){kind=small}
Vehicle purchase and sale agreement/purchase agreement
Deposit slip/Receipt/Payment order/Proof of payment
.png&w=64&q=75){kind=small}
Documents evidencing the source of repayment
Collateral documents
%25201.png&w=64&q=75){kind=small}
Additional vehicle registration, vehicle origin documents, and other relevant documents may be required depending on the specific case
Interest calculator
The figures are for reference purposes only.
VND
%
Loan term
First month payment amount:174.166.667VND
Interest rate:9%
Total interest paid:26.250.000VND
Total repayment amount:1.026.250.000VND
FAQs
The maximum loan amount may be up to 100% of the financing need, depending on the type of vehicle, collateral, and repayment capacity
The maximum loan tenor is generally 60 months, and may be extended to 84 months for certain cases meeting the applicable conditions
Yes. The vehicle purchased with the loan proceeds may be used as collateral
Yes. Used cars may be considered for financing, subject to requirements regarding vehicle age, origin, and legal status
Yes. Real estate is one of the types of assets that may be used as collateral
Customers are required to provide personal identification documents, income verification documents, vehicle purchase documents, and documents relating to the collateral
Yes, subject to the disbursement method and the specific conditions of the loan
Yes. Customers are required to provide evidence of lawful sources of income and their ability to repay principal and interest throughout the loan tenor
Yes. Customers purchasing vehicles from dealerships/distributors partnering with VRB may be eligible for expedited application processing under the applicable policies
Customers can contact a VRB branch/transaction office for consultation on the applicable lending conditions, required documents, and procedures
Related products
Download App
Hotline
Download App
Copyright © 2026 Vietnam - Russia Joint Venture Bank