Loan insurance

INTRODUCTION

PURPOSE

Loan Insurance is for the purpose of reducing the loan repayment burden of family members when one of them passes away, and some financial support to help family members overcome difficulties.

CONDITIONS APPLY

Our clients who are currently participating in the Loan Fund MFCDI

PARTICIPATION RATE

Each member contributes to the amount

5 thousand  VND / month.

MEMBER BENEFITS?

- Covered the entire loan if unfortunately the customer passed away.The customers will receive:

+Cancel the owed capital fund

+ Receiving back the gross amount of outstanding fundwhich has been paid

- Do not have to travel, paying the loan insurance and receiving benefits are at “the institute”

- The procedure is simple, convenient, fast and close to the customers.

- Our enthusiastic, dedicated staffs are always ready to serve our customers’ needs.

- Receive the non-financial services such as participation in training courses organized by MFCDI

- Learning and sharing experiences, knowledge in the economic and cultural fields through social group activities.

PAYMENT AND INTEREST PAYMENT SCHEDULE

- The participants in the loan insurance products at MFCDI will pay monthly with the interest, compulsory to the Fund. Members are responsible to pay the group leaders.

- Leader is responsible for tracking set lists and reports to the credit staff of the local Fund so that  credit officer can promptly notify the head office to understand and address the benefits of customers when joining the Fund.

DOCUMENTS REQUIRED WHEN CLAIMING THE INSURANCE BENEFITS

 

- Death certificate (certified by the People Committee)

- Notarized copy of Identity Card

- An application for the insurance benefits

 

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Contact Us

+84-4 3759 0344

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#15/22/324 ThuyKhue - TayHo - Hanoi - Vietnam