Convert any payment to an installment plan

Pay for your purchases on your own terms. You can split your payments into installments over up to 36 months with an installment fee of up to 1.99% per month for purchases and up to 2.2% per month for cash withdrawals

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Benefits of the Installment Program

Convert to installment payments for transactions starting at just 1,000,000 VND

Choose flexible installment terms from 2 to 36 months with an installment fee of up to 1.99% per month for purchases and up to 2.2% per month for cash withdrawals

Quickly convert to an installment plan within the app—no need to visit a bank or undergo approval

How to sign up for an installment plan at Liobank

In the “Installment” section of the app, select “Sign Up for Installments”
Select the payment you want to convert to installments or convert the transaction directly from the transaction details in your statement
Choose your installment term (from 2 to 36 months) as desired and confirm
That's it — your installment plan is complete. You just need to pay the monthly installments as scheduled

Example

You purchased a phone on November 17 for 5,000,000 VND. On November 29, you want to convert this transaction into a 5-month installment plan

The monthly installment amount will be 1,099,500 VND (including 1,000,000 VND principal and 99,500 VND per month installment fee). This amount will be added to the minimum payment due on the December 1 statement and must be paid by December 31. You will need to continue paying this amount monthly until the end of the registered term

Frequently Asked Questions 🧐

What is the Liobank Card Installment Plan?

This product allows customers to shop with peace of mind by splitting the total amount into multiple installments with reasonable fees

What are the eligibility requirements for the Liobank Card Installment Plan?

Customers must have a credit limit
Customers must not have any overdue payments

What is the interest rate applied to the installment conversion?

Monthly installment fee:

Up to 1.99% of the outstanding principal balance for purchases
Up to 2.2% of the outstanding principal balance for cash withdrawals

Early termination fee: 4% of the remaining installment balance

Which transactions are eligible for the installment plan?

Installment plans can be applied to transactions for the purchase of goods and services valued at 1,000,000 VND or more. Installment plans do not apply to outstanding balances on statements