According to a Decision made by the Prime Minister, the Vietnam Bank for Social Policies will review, estimate the rate and propose to suitably change it annually.
Beneficiaries of the low interest rate are those with meritorious service to Vietnam’s revolution, low income people, poor households and those near poverty line in urban areas, workers at industrial parks and businesses, police or military servicemen and Government agency cadres and officials.
Overdue debt rate will account for 130 percent of loan interest rate.