Detailed instructions on how to check if a Viettel sim card is eligible for a loan in 2024

Nowadays, as the demand for consumer loans increases, the types of loans are also becoming more diverse. If you don’t want to go through the complex procedures of collateral transfer methods like mortgage loans through ID cards or red books, then find out how to borrow money with Viettel sim. So what is borrowing money with Viettel sim? How do you check a Viettel sim for borrowing money? Are the procedures complicated? Let’s find out in this article with FPT Shop!

What is borrowing money with Viettel sim?

Borrowing money with a Viettel sim is an unsecured loan that is offered by many different financial institutions. This form allows customers to easily obtain the desired loan without having to provide income documents or collateralize assets, as well as without the need for anyone’s guarantee. With this type, borrowers only need to provide their registered Viettel sim along with their ID card/CCCD and household registration book to apply for a loan.

If the documents are complete, the loan procedure will be processed quickly and the transaction will be approved and transferred within 30 minutes. Borrowing money with Viettel sim is a quick and effective solution to financial shortages, meeting the needs of spending, shopping, or investing and doing business.

Benefits of borrowing money with Viettel sim

Nowadays, borrowing money with Viettel sim is becoming more and more trusted and chosen by many people due to the following benefits:

• Users do not need to provide proof of income, guarantee, or go through complicated and time-consuming procedures. 
• The maximum borrowing limit is quite large, up to 70 million VND per loan.
• The loan term is flexible, ranging from 3 to 36 months depending on the borrower’s needs.
• Customers can choose any time to fully repay the loan without worrying about additional costs.
• The loan application process is simple, and disbursement is quick, usually within 30 minutes.
• The interest rate for this type of loan is very favorable, only 1.5% per month. 
• No fees are charged for document processing. 
• Customer information is assessed online, and no home visits are required. 

Requirements to borrow money with Viettel sim

For borrowing money with Viettel sim, not all subscribers are eligible to apply. To apply for a loan using this method, your subscription must meet the following criteria: 

• You must be a Vietnamese citizen between the ages of 20 and 60.
• You must have been using a registered Viettel sim for at least 2 years.
• You must not have any bad debts to any financial institutions.
• Even if you are buying on installments from other units, you can still apply for a loan using your sim.

Process to borrow money with Viettel sim

The process to borrow money with Viettel sim is quite simple and consists of the following basic steps: 

• Step 1: Borrowers need to research and choose the most reputable organization that offers loans with Viettel sim.
• Step 2: Provide ID card, 3×4 photo for staff to prepare loan documents.
• Step 3: Fill in personal information accurately and completely in the loan application form. 
• Step 4: Staff will receive and review the information and customer’s needs.
• Step 5: Staff will check and approve the application and inform the result to the customer.
• Step 6: The lender will propose a suitable loan package and interest rate based on the customer’s needs.
• Step 7: If agreed, the borrower will receive a loan agreement, read the information carefully before signing and confirming.

How to check Viettel sim for borrowing money

Checking a Viettel sim for borrowing money is also very simple. Customers can use one of the following two methods:

Contact credit staff

To check if your Viettel sim is eligible for borrowing money, you can contact the loan advisory staff of the lending institution directly. This is the fastest and most accurate way to check a Viettel sim before borrowing money. Specifically, you can follow these steps:

• Step 1: Contact the lending institution you want to borrow from directly. At this time, the staff will ask for basic information. Then, based on the information you provide, they will determine whether you are eligible for a loan.
• Step 2: If you meet the loan requirements, the staff will ask for more specific information such as full name, ID card/CCCD number, phone number, etc.
• Step 3: Once the Viettel sim is checked and meets the loan requirements, you will send a message with the syntax “TD CO” to 5566. The lending institution will respond with the results of your loan application, including the loan amount and interest rate.

Check Viettel sim for borrowing money online via SMS

In addition to the above method, borrowers can check their Viettel sim by composing a message with the following steps:

• Step 1: Compose “AVAY” and send it to 5566.
• Step 2: Compose “D” and send it to 5566.
• Step 3: Compose “K” and send it to 5566.

Financial institutions that support loans with Viettel sim

Borrowing with Viettel sim at BIDV bank

Loan requirements for borrowing with Viettel sim at BIDV bank:

• Borrowers must be Vietnamese citizens or legally resident foreigners in Vietnam.
• Customers must be between 18 and 55 years old for women and 60 years old for men.
• Must have a valid ID card and permanent or temporary residency registration at the BIDV bank’s operating location for loan application.
• Must have been using a registered Viettel sim for at least 2 years.

Loan procedures for borrowing with Viettel sim at BIDV bank:

• The complete loan documents including ID card/CCCD, residency certificate, loan application form need to be submitted to the bank.
• Wait for approval within 30 minutes.
• The bank staff will inform the loan limit, interest rate, loan term, and other loan-related terms to the borrower.
• After successful approval, customers will receive disbursement within 1 working day. The money can be transferred or withdrawn in cash at the bank. 

Interest rates for borrowing with Viettal sim at BIDV bank:

• Borrowing 50 million VND for 2 years will be charged an interest rate of 1.5% per month.
• Borrowing from 25 to 40 million VND for 2 years will be charged an interest rate of 2.17% per month.
• Borrowing from 10 to 25 million VND for 2 years will be charged an interest rate of 2.95% per month.

Borrowing with Viettel sim at Sacombank

To support borrowers, Sacombank offers the following loan options:

• Borrowing limit of up to 70 million VND per loan.
• Flexible loan terms ranging from 6 to 36 months.
• Quick loan approval process with simple document requirements.
• Full repayment at any time without additional costs.
• Detailed loan agreement to ensure compliance with legal regulations.

Borrowing with Viettel sim at Military Bank

The advantages of borrowing with Viettel sim at Military Bank are:

• Borrowing limit ranging from minimum 10 million VND to maximum 70 million VND.
• Flexible repayment term ranging from 3 to 36 months.
• Quick loan disbursement within 72 hours after completing the procedure.
• Simple loan procedures, only requiring ID card, registered sim, and loan document according to the bank’s template.

Conditions for borrowing with Viettel sim at Military Bank (MBB):

• Being the owner of a Viettel sim wishing to apply for a loan.
• No bad debts at any financial institution previously.
• Stable income to be able to pay the loan when due.
• Residence at the operating location of MBBank.
• Providing notarized ID card/CCCD to the bank.
• Borrower must be at least 18 years old to have civil responsibility for any future issues.

Borrowing with Viettel sim at OCB bank

Advantages of borrowing with Viettel sim at OCB bank:

• Low and flexible interest rates for each customer’s needs at the time of borrowing.
• The loan amount can be as high as 50 million VND and the loan term ranges from 6 to 36 months.
• Simple loan procedures without requiring family assessment.
• No additional fees are charged during the loan application process at OCB bank.

Conditions for borrowing with Viettel sim at OCB bank:

• You must be the owner of a Viettel sim and want to apply for a loan.
• No bad debts at any financial institution.
• Stable income to be able to pay the loan when due.
• Residence at the location where OCB bank operates.
• Providing notarized ID card/CCCD to the bank.
• Borrower must be at least 18 years old to have civil responsibility for any future issues.

Borrowing with Viettel sim at VPBank

Advantages of borrowing money with Viettel sim at VPBank:

• The borrowing limit can be as high as 70 million VND.
• Simple document requirements without the need to provide multiple documents.
• Disbursement within 24 hours after completing the procedure.
• Very low interest rate for loans with Viettel sim at VPBank.
• Flexible repayment term of up to 3 years.
• Online loan support, saving time in processing loan at the counter.

Conditions for borrowing money with Viettel sim at VPBank:

• The borrower must have been using a Viettel sim for at least 2 years.
• No bad debts recorded in the Credit Information Center (CIC) at the time of loan application.
• If the loan amount is more than 50 million VND, the borrower must have a minimum term of 6 months.
• The borrower must have a temporary or permanent residence at the location where VPBank operates.

Borrowing with Viettel sim at Agribank

Agribank is still one of the large banks in the market. However, up to now, Agribank does not support loans with Viettel sim for customers. Therefore, if you want to borrow money from this bank, you can choose other loan options such as credit loans with favorable interest rates, simple procedures, and fast disbursement.

Borrowing with Viettel sim at Home Credit

To borrow money with Home Credit, you need to check if your Viettel sim meets the following requirements:

• Must be a Vietnamese citizen between the ages of 20 and 60.
• Must not have any bad debts.
• If you have been late in repayment or have debts, you can still be considered for a loan.
• The sim must have been in use for 2 years and be operating normally.
• Interest rates for loans with Viettel sim at Home Credit range from 1.5% to 5%.

Common problems when checking Viettel sim for borrowing money

Can I borrow money on installments with Viettel sim?

Yes, you can borrow money on installments with a Viettel sim depending on different loan limits. If the installment loan limit is over 100 million VND, collateral is required.

Regarding the installment repayment period, you can agree with the bank on a monthly, quarterly, or yearly basis.

How do I check the borrowing limit for a Viettel sim?

Each bank or financial institution will have different borrowing limits. To check accurately, borrowers should proactively contact the hotline of the lending institution to inquire. The most accurate information about your borrowing limit with a Viettel sim will be provided.

Conclusion

Above are the shared information about borrowing money with Viettel sim and how to check the Viettel sim for borrowing money. Experience this simple and useful loan package through the most reputable lending institutions today.

See also:

• Guide on unlocking Viettel sim
• How to lock Viettel, MobiFone, VinaPhone sim quickly in just 5 minutes

To choose a beautiful Viettel sim, visit FPT Shop’s nationwide system with over 700 stores in provinces and cities. 

• Nice sim cards

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