Changing the policy of TYM’s multipurpose loan product

01/04/2019

From 01/04/2019, TYM will change several terms of our multipurpose loan product to better meet the needs of its members and clients as following:

Policy Content
Increase loan size limit From VND 1.000.000 to VND 40.000.000 (for members who have deposited compulsory savings less than 50 weeks)
From VND 1.000.000 to VND 50.000.000 (for members who have deposited compulsory savings for 50 weeks or more)
Repayment method: change from monthly repayment to once every-4 weeks repayment Once a week repayment
Once every 4 weeks repayment
Loan term: changes in accordant with each repayment method Once a week repayment: 25 weeks, 40 weeks
Once every 4 weeks repayment: 24 weeks, 52 weeks, 72 weeks
Share

Recent post

Launching ceremony of the project “Investing in building a core banking system for TYM”

On the morning of June 7, 2019, TYM solemnly organized the Launching …

Share
Read more
TYM APPLIES THE EARLY REPAYMENT POLICY FOR MEMBERS

From June 1st, 2019, TYM borrowers allow to make early repayment at …

Share
Read more
ANNOUNCEMENT OF THE WINNING BIDDER

Tinh Thuong One member limited Liability Microfinance Institution (TYM) announces the result …

Share
Read more
COMMUNITY BASED DISASTER RISK REDUCTION

The National Week for Natural Disaster Prevention and Control in 2019 with …

Share
Read more
TYM MFI LOWERS INTEREST RATES OF MICRO-LOANS

From May 20, 2019, TYM will reduce interest rates of some micro-loan …

Share
Read more