Unsecured loan limit increases by one and a half to double
The Government has just issued Decree No. 156/2025/ND-CP, amending and supplementing a number of articles in credit policies for agricultural and rural development. One of the key contents is to adjust the loan amount without collateral for agricultural producers.
According to the new regulations, individuals and households are allowed to borrow up to 300 million VND without collateral, instead of 100-200 million VND as before. The cooperative and business household were able to borrow up to 500 million VND. Farm owners are allowed to borrow up to 3 billion VND without mortgage, while cooperatives and cooperative unions are allowed to borrow up to 5 billion VND. These specific loan levels have been clearly stated in Clause 2, Article 9 of Decree 156/2025/ND-CP.
This is considered an important step to expand credit policies, in line with the growing capital demand in medium to large-scale agricultural production.
Abolish the requirement to confirm land documents, simplify procedures
In addition to raising the lending ceiling, the new Decree also removes many administrative procedures to create more favorable conditions for people to access capital.
Accordingly, borrowers are no longer required to submit a certificate of not being granted a land use right certificate or a certificate of no disputes for the land confirmed by the People's Committee at the commune level. Instead, these documents will be made according to the mechanism of agreement between credit institutions and customers, not as mandatory as before.
People, production households and cooperatives can access loans without collateral at commercial banks, policy banks or qualified credit institutions. The loan application includes a clear production and business plan, identification documents or legal registration, and documents according to specific requirements of each bank.
Decree 156/2025/ND-CP takes effect from July 1, 2025. This is one of the credit policies expected to support promoting agricultural production in the transition period to a high-tech model, organic, circular agriculture and climate change adaptation.
