Personal durable consumer goods loans refer to RMB loans issued by lending banks to borrowers to pay for their purchase of durable consumer goods. Among them, durable consumer goods generally refer to household durable goods (except housing and cars) with a unit price of more than 2,000 yuan and a normal service life of more than two years.

Loan period and guarantee conditions: The loan period for personal durable consumer goods loans is generally between six months and two years, with a maximum of no more than three years; at the same time, a property mortgage, pledge or third-party guarantee approved by the lending bank must be provided The expected annual interest rate of the loan shall be based on the expected annual interest rate for loans of the same period and grade stipulated by the People's Bank of China. Generally, there is no expected annual interest rate discount.

Loan process: 1. The customer selects the product at the bank's authorized dealer store, and after the store's preliminary review and approval, fills in the installment repayment application form; 2. The customer takes the application form to the bank's designated acceptance agency to handle the application procedures, and Attach relevant information (such as original household registration, original ID card, work permit or work unit certificate, income certificate, etc.); 3. After the bank reviews and approves, it will handle the loan procedures for the borrower and sign a personal durable consumer goods loan contract and guarantee with the applicant Or mortgage contract, issue a "Customer Consumer Loan Installment Repayment Approval Notice" to the store (the price of the purchased goods is less than 10,000 yuan, you can use this loan to purchase goods as a mortgage. Anyone who uses this loan to purchase goods as a mortgage should sign a " Mortgage Contract", and go to the notary office to go through the mortgage notarization procedures, the notarization fee shall be borne by the borrower); 4. The store notifies the customer to pay the first installment payment, and issues an "Instalment Payment Cash Receipt" in triplicate (the first installment amount is generally 20-30% of the total value of the purchased goods); 5. The store notifies the customer to pick up the goods, and requires the customer to sign the "Personal Durable Consumer Goods Loan Customer Receipt Slip" when picking up the goods, and submit the "Receipt Slip" and "Commodity Invoice" (original) Submit the bank prompt for transfer; 6. The bank transfers the loan applied by the customer to the special dealer; 7. The customer deposits the money into the bank's deposit account or credit card on time every month, and the bank performs the deduction.