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
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