Shinhan Finance launches the student loan with no income verification
From August 31, 2022, Shinhan Finance launches the personal loan of up to 20 million volume specifically for students, without requiring proof of income.
Specifically, Shinhan Finance stared an installment loan program for students studying formal education program at universities/ colleges. Shinhan Finance's new policy is being implemented at nationwide dealerships and distributors.
In particular, this program does not require proof of income or self-income to help students can own a dream product with financial support from Shinhan Finance up to VND 20 million VND.
Therefore, to serve the purpose of learning and self-development, students can borrow to buy necessary equipment and motorbikes to meet their actual needs without having to face any financial burden for themselves and their families.
The conditions for participation:
1. Age: 18-25 years old
2. Loan amount
Consumer durable: Maximum loan 10 million VND
- Products with a value less than or equal to 5 million VND, applied for all CD products
- Products with a value greater than 5 million VND & Down Payment >= 50%, applied for all CD
- products
- Products with a value greater than 5 million VND & Down Payment < 50% applied for laptop/tablet only
Two wheelers product: Maximum loan 20 million VND
3. Loan purpose: Consumer loan purpose
4. Document request: Student Card/ Transcript/ Confirmation Letter from University/ College
5. University/College Condition: Accept Formal Education Program at University/ College only
6. Other conditions
- Information of biological father/ mother
- Biological father/ mother was verified & informed of student loan
Besides, Shinhan Finance is currently applying many other incentive programs. From October 11 to November 10, 2022, customers who make payment for a loan or credit card The First view ZaloPay wallet can enter the code ZLPSH20K to receive a direct discount of 20,000 VND on transactions from 1,000,000 VND. For more information, click here.
Shinhan Finance