The Government has just issued Decree No. 156/2025/ND-CP amending and supplementing a number of articles of Decree No. 55/2015/ND-CP dated June 9, 2015 of the Government on credit policy for agricultural and rural development, which has been amended and supplemented a number of articles according to Decree No. 116/2018/ND-CP dated September 7, 2018 of the Government.
The Decree takes effect from July 1, 2025.
Accordingly, the maximum unsecured loan amount for individuals, households, cooperatives, business households, cooperatives, cooperative unions and farm owners is increased to suit the capital needs for agricultural production of current customers. Specifically, the unsecured loan amount for individuals and households is increased from 100-200 million VND to 300 million VND; the unsecured loan amount for cooperatives and business households is increased from 300 million VND to 500 million VND; the unsecured loan amount for farm owners is increased from 1-2 billion VND to 3 billion VND; the unsecured loan amount for cooperatives and cooperative unions is increased from 1-3 billion VND to 5 billion VND.
In addition, the Decree is also amended to reduce administrative procedures, creating convenience for customers when borrowing capital from credit institutions. Accordingly, the content related to the requirement to submit a certificate of land use rights and land without disputes confirmed by the People's Committee at the commune level is removed; At the same time, it is stipulated that customers can borrow without collateral and the credit institution must agree (instead of the mandatory requirement as previously prescribed) on the customer submitting to the credit institution a certificate of land use rights and ownership of assets attached to the customer's land during the loan period without collateral at the credit institution.
Source: https://baophapluat.vn/tang-cac-khoan-vay-khong-tai-san-dam-bao-trong-linh-vuc-nong-nghiep-tu-ngay-17-post552553.html
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