How much can farmers generally borrow?
According to official website's explanation of major banks, the starting point of farmers' loans is 3,000 yuan, and the maximum loanable amount is 6,543,800 yuan. As long as the borrower can provide a bank-approved guarantee or mortgage, the loan amount can even continue to increase.
For example, farmers can apply for a loan of up to 654.38+10,000 yuan for the Huinong E loan of China Bank, with self-help recycling as the main loan method, supplemented by self-help non-recycling. Self-service recoverable single loan cannot exceed 1 year and can be recovered; Self-service non-circulating single loan can exceed 1 year and cannot be recycled.
The better the personal qualification of the borrower, the more valuable the collateral provided and the higher the loan amount that can be applied for. Personal comprehensive qualifications are mainly understood from credit information, monthly income and past credit records.
In addition, if farmers want to apply for farmers' loans, they also need to engage in legal production and business activities, which are in line with the national industrial, industrial and environmental policies, and the use of loans is legal. The income source is stable, and it has the ability to repay the principal and interest on schedule. He/she is over 18 years old (inclusive), and the sum of his/her age and loan term when applying for a loan shall not exceed 65 years old (inclusive).
If the loan application conditions are met, the borrower can fill in the loan application form, and then go through the formalities at the bank with a copy of his ID card, marriage certificate, guarantor or third (fifth) joint guarantor and other relevant information.
The above is the sharing of "how much can farmers generally borrow", I hope it will help everyone!