Article Content
- Conditions for Unsecured Loans Through Credit Card Limits
- Loan Application Procedures for Unsecured Loans Through ANZ Bank Credit Card Limits
- Loan Application Procedures for Consumer Unsecured Loans from Prudential Finance
Evaluating consumer unsecured loan products from two of the most reputable and highly rated organizations today, ANZ and Prudential, to make suitable borrowing choices. Customers who frequently pay with credit cards can take out unsecured loans through their credit limits to meet shopping and consumption needs.
Below are the conditions and procedures for unsecured loans from two reputable organizations that are currently of great interest to many customers, namely ANZ Bank and Prudential Finance.
Conditions for Unsecured Loans Through Credit Card Limits
ANZ Bank
Credit card issuers include: Vietcombank, HSBC, Citibank, Sacombank, Standard Chartered, ACB, Techcombank.
To obtain a credit card, you need to have a stable income (unsecured).
The card must be valid (the expiration date must be on or after the month of application submission).
Customers need at least one credit card that has been used for 12 months or more.
If you meet the conditions of ANZ Bank, you can borrow from 40 to 160 million VND (for new customers) and 50 to 150 million VND (for existing ANZ credit card holders).
Prudential Finance
Age must be between 21-55 (for females) and 58 (for males).
The minimum credit card limit is 15 million VND.
You can have either a permanent or long-term temporary residence permit (KT3 or KT4) for at least 6 months. For KT4, a temporary residence confirmation from the local police is required, proving a minimum 6-month residency on KT4. If KT3/KT4 is not sufficient for 6 months, additional temporary residence confirmation is needed to prove it.
Must own a phone (wired or wireless).
No work experience required.
Loan Application Procedures for Unsecured Loans Through ANZ Bank Credit Card Limits
The loan application procedures for unsecured loans through credit card limits at ANZ Bank are greatly simplified compared to other commercial banks and especially compared to Prudential Finance. While most banks require income verification documents such as monthly salary statements or employment contracts, ANZ Bank only requires a few documents, primarily focusing on the credit card usage history.
- Loan application form from ANZ.
- Photocopy of ID card/Passport.
- Photocopy of household registration book/temporary residence book/temporary residence registration.
- Photocopy of the front side of the credit card.
Loan Application Procedures for Consumer Unsecured Loans from Prudential Finance
To obtain consumer unsecured loans, not all banks easily approve and disburse funds. Therefore, the procedures and necessary documents for approval are more complex and carefully reviewed, especially when borrowing with collateral. This reflects a strong commitment from both sides and helps minimize risks when borrowing from the bank. When preparing an application at Prudential, customers should provide all the required documents to ensure quick and smooth review and disbursement.
- Valid photocopy of ID card (less than 15 years old).
- Photocopy of driver’s license/passport/current company employee card/degree with photo.
- Photocopy of the front side of the credit card.
- Photocopy of the credit card transaction statement for the last 3 months or 1 month if the credit card is newly issued.
- Photocopy of the employment contract (minimum 1 year).
- Original salary statement for the last 3 months with the bank’s seal (for salary via bank transfer and higher alternative income).
- Photocopy of one landline phone bill/electricity bill/water bill/cable TV bill/Internet bill.
- Photocopy of household registration book or temporary residence permit (KT3/KT4) with a duration of over 6 months (If less than 6 months, additional temporary residence confirmation is needed for customers without a household registration).
