Introduction

Products for supplementing working capital in the production and business process of corporates that are car dealerships in the Vietnamese market.

Product
Benifits

-          Credit extension rate/ mortgage is up to 85% of the car lot

-          The preferential interest rate is only from 5% / year (*)

-          Disbursement before the batch documents are available

-          Simple and fast-processed procedure

(*) Interest rate policy is applied from time to time

Product
Features

-          Target customers: dealers, distributing cars

-          Loan term: maximum 12 months

-          Vehicle types and car manufacturers sponsored by OceanBank:

Vehicle type: all types of 100% new cars assembled by car manufacturers in Vietnam or imported complete units and distributed in Vietnam (excluding tank cars).

Car company: car manufacturers with brand origin from Europe, America, Japan, Korea, China, Taiwan and Vietnam and other brands.

Procedure &
Form

According to regulations of OceanBank from time to time