Circular 41/2014/tt-Nhnn: Guide The Bank's Lending For Social Policy In Accordance With Decision 48/2014/qd-Ttg On 28/8/2014 Of The Prime Minister On The Policy To Support Poor Households Build Home

Original Language Title: Thông tư 41/2014/TT-NHNN: Hướng dẫn việc cho vay của Ngân hàng chính sách xã hội theo Quyết định số 48/2014/QĐ-TTg ngày 28/8/2014 của Thủ tướng Chính phủ về chính sách hỗ trợ hộ nghèo xây dựng nhà

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CIRCULAR guide the Bank's lending for social policy in accordance with decision 48/2014/QD-TTg on 28/8/2014 of the Prime Minister on the policy to support poor households in housing construction, to avoid the storm, flooding the central area _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ pursuant to the law the State Bank of Vietnam the number 46/2010/QH12 on 16/6/2010;
Pursuant to the law on credit institutions the number 47/2010/QH12 on 16/6/2010;
Pursuant to Decree No. 154/2013/ND-CP on 11/11/2013 functions, tasks, powers and structure of the State Bank of Vietnam;
Pursuant to Decree No. 78/2002/ND-CP on 04/10/2002 the Government credit for the poor and other policy objects;
Pursuant to decision No. 48/2014/QD-TTg on 28/8/2014 of the Prime Minister on the policy to support poor households in housing construction, to avoid the storm, flooding the central area (hereinafter referred to as the decision No. 48/2014/QD-TTg);
At the suggestion of the Director of the credit economy;
The Governor of the State Bank of Vietnam issued a circular guiding the Bank's lending for social policy in accordance with decision 48/2014/QD-TTg on 28/8/2014 of the Prime Minister on the policy to support poor households build houses, avoiding the storms, flooding in central areas.
Chapter I GENERAL PROVISIONS article 1. Scope this circular regulates the Bank's lending to the social policy for poor households to build houses, to avoid the storm, flooding the central decision No. 48/2014/QD-TTg dated. 2. Application object 1. Social policy Bank.
2. The household objects as defined in article 2 of decision 48/2014/QĐ-TTg was Bank loans policy to build houses, to avoid the storm, flooding the central region (hereafter referred to as households).
3. The organizations or individuals related to the loans at the Bank of social policy to build houses, to avoid the storm, flooding the central decision No. 48/2014/QĐ-TTg. Article 3. Lending principles 1. Social policy Bank lending done right audience on the basis of the list of loan capital project support to poor households in housing construction, to avoid the storm, flooding by the provincial people's Committee approval and provided.
2. Pursuant to the situation the bank capital allocation for social policy branch the Bank of social policy, household lending in order of priority and duration of support provided for in article 3, paragraph 2 article 8 of decision 48/2014/QĐ-TTg. 3. Guaranteed loan directly to each household.
4. Household loans make sure to use the correct loan purpose, loan repayment and interest rates of loans on time according to the commitment.
Chapter II SPECIFIC PROVISIONS article 4. Sources of capital and lending rates 1. The Bank's lending capital social policy decision No. 48/2014/QD-TTg dated are: a) 50% of the central budget;
b) 50% of the social policy Bank to mobilize.
2. On the basis of the regulations on compensation levels, sources of capital, the difference in interest rates, the Bank of social policy construction plan of resources to ensure the implementation of the loan disbursement under the provisions of this circular.
3. The base loan needs of households, social policy Bank to consider and decide the level of lending, but not to exceed 15 million households.
Article 5. Loan interest rate interest rates lenders apply is 3% per year.
Article 6. Loan term loan term is 10 years, in which the original repayment grace period, the interest rate is 5 years from the time of the household began getting the first loan account.
Article 7. Repayment of principal and interest of loan 1. Social policy Bank and household loans agreement on the amount and the term of the original repayment; the term of repayment of interest.
2. Household loans made to repay the original loan interest rate from 6. Repayment rates each year a minimum of 20% of the total loan capital.
3. Household loans are to repay the principal and interest of loans before maturity.
Article 8. Loan method 1. Social policy Bank performed lending mandate method each section through the social-political organization or direct loans.
2. where the follow method to entrusted lending each section through the social-political organization, the trust mechanism for loans made as loans for poor households and other policy objects.
Article 9. Record, the loan procedure 1. Social policy bank specified and listed publicly on the record, the loan procedure consistent with the provisions of decision No. 48/2014/QĐ-TTg, this circular and the provisions of the current legislation; ensure clear, simple and easy to implement.
2. Base record loans of households, social policy Bank loans made under the provisions of this circular.
3. in case of refusal of lending, the Bank of social policy must be notified in writing to household loans, which stated the reason for the rejection of the loan.
Article 10. Loan disbursement 1. Social policy the Bank made disbursement directly to households and loans, including trust loans made each section through the social-political organisation.
2. social policy Bank disburse 100% of loans were pledged for the loan: a) after completion of clearance for the household loans to build new;
b) after completion of 50% of the volume of work exceeding floor construction flood for household loans to renovate, upgrade housing floor already.
3. social policy Bank based on a synthesis of the completed confirmation as housing construction stage, to avoid the storm, flooding due to people's Social Committee submitted to make loan disbursements according to the provisions in paragraph 2 of this Article.
Article 11. Recovery of debt principal and interest loan of 1. Social policy Bank made the track, urging debt collection debt loan interest rates, the root of each household.
2. Household is obliged to repay the principal and interest of loan debt. The case to final repayment term that household loans don't pay the debt due to objective reasons, the social policy Bank considered for renewal of the debt on the basis of the likelihood of repayment of loans to households in the next time. The total maximum debt renewal time by 1/2 the time limit for giving the loan.
3. At the end of the loan term that households do not pay off the debt principal and/or interest on loans was committed and not social policy Bank to extend the debt then outstanding balance delinquent debt was transferred to the roots and apply overdue loan interest rate is 3.9% per year; do not apply a penalty slowly charged.
Article 12. Risk handling the handling risks with loans to build houses, to avoid the storm, flooding the central area is done according to the current rules on the handling of the debt being risks in social policy Bank.
Article 13. Report information 1. (Before July 10 of next month), the social policy Bank summing loans for poor households in housing construction, to avoid the storm, flooding the central decision No. 48/2014/QĐ-TTg of the State Bank of Vietnam (credit economic sectors) under Schedule No. 1 attached to this circular.
2. Monthly (before May 10 of the next month), the social policy Bank branch in the central cities, reported the situation of lending to poor households in housing construction, to avoid the storm, flooding the central decision No. 48/2014/QD-TTg on the local bank branch the central cities, the Headquarters under Schedule No. 2 attached to this circular.
Chapter III article 14 ENFORCEMENT TERMS. The Bank's responsibility for social policy 1. Build credit plan, financing plan to ensure the implementation of the household lending in housing construction, to avoid the storm, flooding the central process of the State Agency has the authority to review, approve.
2. Regulations and listed records, loan procedures for household loans to build houses, to avoid the storm, flooding the central area.
3. Organize and coordinate closely with the people's Committee, the social-political organization the Trust received in loans, checking, monitoring the use of loans and urging debt collection as defined in decision No 48/2014/QĐ-TTg, this circular and the provisions of relevant laws.
Article 15. The responsibility of the State Bank of Vietnam 1. Credit economic sectors: a) tracking clues, general implementation of the Bank's lending activities in social policy for poor households in housing construction, to avoid the storm, flooding the central decision No. 48/2014/QĐ-TTg;
b) presiding, in cooperation with the relevant units to handle the problems arising in the process of implementation of this circular.
2. Inspection Agency, bank supervision: inspection bodies, monitoring the Bank performs the inspection, monitoring and handling according to jurisdiction over social policy Bank in the observance of the provisions of decision No. 48/2014/QĐ-TTg and this circular when making loans to poor households build in the room avoid storms, flooding in central areas.
3. State Bank branch, central cities: a) track, the general situation of the Bank's lending to the social policy for poor households in housing construction, to avoid the storm, flooding the central decision No. 48/2014/QĐ-TTg;
b) performs the inspection, monitoring and inspection by the authority for the Bank of local social policies in loans to poor households in housing construction, to avoid the storm, flooding the central decision No. 48/2014/QĐ-TTg;
c) advised and collaborated with the provincial people's Committee, the central cities, along with the social-political organizations locally handle the problems arising in the process of performing loans to poor households in housing construction, to avoid the storm, flooding the central decision No. 48/2014/QD-TTg. Case of exceeding authority promptly reported the State Bank of Vietnam (credit economic sectors) to be considered, handled.
Article 16. Implementation 1. This circular effect since December 25, 2014

2. Office, Director of the credit industry, heads of units of the State Bank of Vietnam, the Director of State Bank branch in the province, central cities: Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri, Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, Binh Dinh , Phu Yen, Khanh Hoa, Ninh Thuan, Binh Thuan, the Chairman of the Board and General Director of the social policy Bank responsible organization, the implementation of this circular.