Comprehensive financial solutions for the younger generation
Pioneering the implementation of the Government and the State Bank's policy in supporting young people to own a house, in March 2025, BIDV launched a preferential credit package for individual customers up to 35 years old who want to buy or rent a house. This is a loan package with an unprecedented support policy on the market: fixed interest rate of 5.5%/year for the first 3 years; principal repayment exemption for the first 5 years; Loan term up to 40 years.
The special feature of the loan package is that BIDV clearly announces the interest rate after the preferential period calculated according to the 24-month term savings interest rate plus a margin of 3%/year. This transparent orientation helps young people proactively plan long-term finances, control risks, and feel secure in choosing settlement solutions.
With an efficient financial policy in the early years, the loan package quickly became the top choice for young people looking for a first home. More than 2,500 loans have been successfully disbursed in less than two months of implementation - a figure that shows the great attraction of the product
According to Ms. Pham Phuong Lan, Deputy Head of BIDV Retail Banking: Through this preferential loan package, BIDV hopes to create the most favorable financial conditions for young people to confidently own their own dream home, proactively personal finance, build their careers, future life and contribute to the overall development of the country.
Ms. Lan also shared some notes for customers before deciding to borrow to buy a house: Clearly identify needs and financial capabilities to choose a suitable loan; Proactively plan specific debt repayment, calculate long-term cash flow; Take advantage of a maximum of 5 years of principal grace period to stabilize income before entering the full repayment period. BIDV is always ready to advise customers to choose a loan package that is suitable for the most preferential policy.
Affirming the best home loans brand in Vietnam
It is no coincidence that BIDV has been honored by the prestigious international organization The Asian Banker for 6 consecutive years as "Bank with the best home loan products in Vietnam". After more than a decade of leading in the retail banking sector, BIDV has always maintained its commitment to "Having BIDV is having a home" through continuous improvement and personalization of credit products, especially for the younger generation starting their journey to independent life.
Ms. Le Thao Uyen (28 years old), a teacher in Hanoi, said: I researched BIDV's home loan package through the BIDV Home application to see apartment information, have a tool to support calculating the debt repayment plan, and found it reasonable, I registered to borrow online right away and received the disbursement after just over a week. All stages are clear, professional and very quick.
Mr. Pham Duy Long (30 years old), a technology employee in Ho Chi Minh City, shared: "I have been renting a house for 5 years now, always hesitating to buy a house because I am afraid of the pressure to repay the debt. The BIDV loan package at the right time, with the right interest rate and a basic grace period of 5 years, I decided to pay immediately.
The home loan package for young people is one of BIDV's practical initiatives to carry out its role as a companion to society, creating sustainable development momentum for the young generation - those who are playing a central role in the country's socio-economic development.
Customers can easily register for a loan online on the BIDV Home application, go directly to the nearest BIDV branch or contact BIDV 24/7 hotline: 1900 9247 for quick - safe - effective advice and support for procedures and documents.
