Own company: FPT Telecom supports employees to buy a house – buy a car with an interest rate of only 4%, less than 1/2 of a bank loan

Recently, FPT Telecom has announced a policy to support the interest rates for buying houses and cars for employees.

Specifically, instead of paying all interest when taking a bank loan, FPT Telecom members will be supported with an interest rate of 4%/year with a maximum bank loan limit of VND 1.5 billion when buying a house , or interest rate of 6%/year with a maximum bank loan of 600 million VND when buying a car. Loans need a minimum term of 48 months from the time of application submission and maximum interest rate support period of 48 months from the first month of support.

This policy has just been approved by the General Director of FPT Telecom and takes effect from February 1.

Subjects to this policy are employees who are classified as level 3, level 4 or level 2 employees of 7 business regions with the title of manager or member of the Bestsale club . At the same time, employees need to sign a definite-term labor contract or an indefinite-term labor contract, are still working, and be well evaluated by the management staff for the performance of their assigned work.

Each employee is only entitled to one interest-supported bank loan from the company in accordance with this regulation. Employees who are husband and wife working together, if they meet the conditions and are approved, each employee will be entitled to a loan interest rate support according to regulations. Each employee subject to interest rate support must use the loan for the right purpose according to regulations.

FPT Telecom said that it will rank applications according to criteria such as job evaluation results, role in the organization, level of cohesion, cases where there is no house, car and first purchase… Priority approval. dossiers according to their relevance, complete dossiers, early submission time in order from top to bottom until the quota for each review period is exhausted.

The policy will be implemented in phase 1 with the number of 100 seats for 100 employees with satisfactory records.

This is a positive move for employees in the context that home buying interest rates in the market have increased sharply and have not shown any signs of decreasing, about 11-13%.