ANZ offers discount rates for home loans

February 23, 2012 | 15:44

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ANZ Vietnam will offer a special discount rate for new mortgage loans from now to May 31, 2012.

Accordingly, new customers will receive a special discount rate of two per cent per annum for the first three months of their new mortgage loans with ANZ, representing a variable mortgage rate as low as 17.5 per cent per annum.

The discount rate will be applied to the first drawdown amount of minimum VND500 million before the end of June, 2012.

In addition, Signature Priority Banking customers will enjoy a further discount which will bring their mortgage rate as low as 17 per cent per annum for the first three months of their new mortgage loans.

Duong Duc Hung, head of retail and wealth ANZ Vietnam, said: “Under the difficult economic conditions, ANZ is offering a timely and competitive mortgage rate as low as 17 per cent. We believe that it will enable customers to own their dream house at the soonest.”

ANZ is offering attractive and calculated interest rates based on reducing loan balance for home loan/home investment loan/home construction loan/home equity loans.

With loan tenor up to 20 years, customers can borrow up to 70 per cent of the property value. Besides, flexible interest rates period of one or three or six months and attractive redraw feature are offered to help customers manage interest rate risks.