Allowing customers to overdraw their current account at
Co-opBank up to a maximum overdraft limit to execute lawful payment transactions, with a maximum limit maintenance tenure of up to 12 months.
Credit conditions
Vietnamese citizens aged 18 years and above with full legal capacity as prescribed by law.
Loan purpose must be lawful.
Stable and lawful income sufficient to ensure debt repayment capacity.
Loan type
Unsecured or secured by assets owned by the customer or a third party.
Loan application documents
Application for overdraft credit limit (as per form).
ID card/Citizen ID/Passport; residence information.
Documents proving repayment source.
Documents related to collateral assets (if any).
Other documents as required by Co-opBank.
Competitive interest rates with periodic preferential offers
No fee for credit limit approval
Overdraft credit limit of up to VND 2.5 billion
Simple procedures and fast application processing time
