Dola Dong Android

1. Key Advantages of Dola Dong
Dola Dong is a loan service platform for individual users in Vietnam, supporting a clear and convenient cash loan application and loan management process, helping you access capital quickly, transparently, and safely:
- 100% online registration, eKYC via phone, no in-person meeting required.

- Flexible repayment terms from 93–365 days, not supporting extremely short-term loans.

- Transparent interest rates, maximum APR not exceeding 21.9%/year, no hidden fees, no hidden Transaction Fees or Service Fees.

- Fast disbursement to your domestic bank account after approval.

- Supports multi-channel payments, timely reminders, and protects your credit history.

Note: Please consider your financial capabilities and read the information carefully before confirming.

2. Introduction to Financial Products & Details

- Maximum credit limit: VND 40,000,000.

- Repayment term: 93 to 365 days.

- Annual interest rate (APR): from 11.5%/year to a maximum of 21.9%/year.

- Payment method: can be made in periodic installments or a lump sum payment of principal and interest at maturity, depending on the specific product you choose in the application.

Before you finalize your payment, the application will clearly display detailed information such as the amount for each payment period, total cost, and maturity date.

3. Illustrative Example
Example (for illustrative purposes only; actual figures are based on information in the application):
- Amount: 40,000,000 VND
- Term: 365 days
- Annual Interest Rate (APR): 21.9%/year
- Estimated Interest: 40,000,000 × 21.9% = 8,760,000 VND
- Estimated Total Amount to be Paid: 40,000,000 + 8,760,000 = 48,760,000.00 VND
This is just an example. Actual information (interest rate, fees, payment schedule, etc.) will be displayed in detail on the confirmation screen.

4. Conditions of Use
To use the service via Dola Dong, you need:
- To be a Vietnamese citizen, 18 years of age or older (or as stipulated by current law).

- To have a valid ID card/Citizen Identification Card/Passport.

- To have a stable income that matches the registered credit limit.

- To have a domestic bank account in your own name to receive disbursements.

- To have an active mobile phone number to receive OTPs and notifications.

Approval is based on many factors (personal information, credit history, risk assessment, etc.) and may be approved or rejected on a case-by-case basis.

5. Steps to Use Dola Dong
- Download the app & register an account: Download Dola Dong from Google Play; register using your phone number and verify with an OTP.

- Complete identity verification and confirm your credit limit: Carefully read the terms and conditions, then confirm if you agree.

- Appraisal & Disbursement: If approved, the credit limit will be disbursed to the bank account you registered.

6. Banks Supporting Disbursement & Payment
Dola Dong supports disbursement and payment through most popular domestic banks in Vietnam, for example: