Nowadays, no matter what we do or buy, money is indispensable. We can't do anything without money. But not everyone gets rich through loans. What if I have no money? So we have a new career, a loan. We borrow money from the bank as funds for our work or business. Loans are also divided into small loans and large loans. So what is the longest term of microfinance? Let's listen to your opinion. What is the longest term of small loans? Different banks apply for loans in different ways, and the amount of loans applied for is the same. The longest term of small loans is also different, about one to three years. The longest term of small loans of ABC is 1 year, and the longest term of a single loan is 3 years. The term of ICBC's microfinance is one to three years. The term of China Merchants Bank's small loan is one to three years. The term of small loans of China Construction Bank is one to two years. The term of micro-loan in China Bank is one to three years. Article 11 of the General Principles of Loans: The term of the loan shall be determined by both the borrower and the lender through consultation according to the borrower's production and operation cycle, repayment ability and the lender's capital supply ability, and shall be specified in the loan contract. Generally, the term of self-operated loans shall not exceed 65,438+00 years, and those exceeding 65,438+00 years shall be reported to the People's Bank of China for the record. The longest discount period of bill discount shall not exceed 6 months, from the discount date to the maturity date of the bill. Article 12 Loan extension: If the loan cannot be repaid on time, the borrower shall apply to the lender for loan extension before the loan expires. Whether the extension is decided by the lender. When applying for extension of secured loan, mortgage loan or pledged loan, the applicant, mortgagor and pledger shall also issue written consent certificate. If there is an agreement, it shall be implemented in accordance with the agreement. The cumulative extension period of short-term loans shall not exceed the original loan period; The cumulative extension period of medium-term loans shall not exceed half of the original loan period; The cumulative extension period of long-term loans shall not exceed 3 years. Unless otherwise stipulated by the state. If the borrower fails to apply for extension or the application for extension is not approved, the loan will be transferred to the overdue loan account from the day after the maturity date. Article 13 Determination of loan interest rate: The lender shall determine the interest rate of each loan according to the upper and lower limits of loan interest rate stipulated by the People's Bank of China, and specify it in the loan contract. To sum up, we know that microfinance has the longest term. Specific banks have specific specifications, and specific banks are analyzed. Different banks apply for loans in different ways, and the amount of loans applied for is the same. The longest term of microfinance is also different. Knowing that different banks have different loan specifications, you can choose a bank you trust to make small loans.