Nowadays, cars are playing an increasingly important role in our lives. With the richness of automobile brands and types, it is not difficult to buy a car. And buying a car makes the threshold for buying a car lower, and it is very easy to own your own car. Today, I would like to talk to you about some problems of Minsheng Bank's auto loan. According to the loan method, the auto loan of Minsheng Bank can be divided into three ways: dealer guarantee, performance guarantee insurance and auto mortgage. The following are the specific details of these three methods for your reference. Dealer guarantee method 1. Loan target 1. Individuals applying for automobile consumption loans must meet the following conditions: 2. A natural person with full capacity for civil conduct; 3. Having a fixed residence and address in this city; 4. Have a legitimate occupation and a stable and reliable source of income, and have the ability to repay the loan principal and interest on schedule; 5. Holding an agreement or contract for the purchase of designated brand cars signed with the designated dealer of the loan bank; 6. If there is more than one car buyer, they should apply together. If one party cannot be present for any reason, it shall fill in the power of attorney and sign and seal it. 7. The borrower shall deposit the down payment for car purchase in the loan bank or pay it to the dealer and obtain the corresponding written certificate; 8. Other conditions stipulated by the lending bank. 2. Loan amount, term and expected annualized interest rate 1. The maximum loan amount shall not exceed 80% of the purchase price. 2. The longest loan period shall not exceed five years. 3. The expected annualized interest rate shall be subject to the expected annualized interest rate of loans of the same grade stipulated by the People's Bank of China. Three. Process 1. Car buyers choose cars at dealers-sign a car purchase contract; 2. Insure the car-deposit the down payment or provide the payment voucher; 3. Car buyers apply for loans and provide credit information of themselves and guarantors; 4. The bank approves the loan; 6. Sign the loan contract; 7. Repay the loan principal and interest on time as agreed in the contract; 8. Pay off the loan, terminate the contract and return the property right certificate and insurance policy. Iv. materials required for application 1. Original identity cards, household registration books or other valid residence certificates of individuals and spouses; 2. Proof of fixed occupation and stable economic income recognized by the loan bank; 3. The car purchase agreement or contract signed with the car dealer designated by the loan bank; 4. Provide proof of down payment or proof of deposit with a loan bank of not less than the specified proportion; Other supporting documents and materials required by the lending bank. Performance guarantee insurance method 1. Loan target 1. Individuals applying for automobile consumption loans must meet the following conditions: 2. A natural person with full capacity for civil conduct; 3. Have local permanent residence and fixed residence; 4. Have a proper occupation and a stable source of income, and have the ability to repay the loan principal and interest on schedule; 5. Holding an agreement or contract for the purchase of designated brand cars signed with the designated dealer of the loan bank; 6. Insure performance guarantee insurance with an insurance company recognized by the loan bank; 7. The borrower shall deposit the down payment for car purchase in the loan bank or pay it to the dealer and obtain the corresponding written certificate; 8. Other conditions stipulated by the lender. 2. Loan amount, term and expected annualized interest rate 1. The maximum loan amount shall not exceed 80% of the purchase price. 2. The longest loan period shall not exceed five years. 3. The expected annualized interest rate shall be subject to the expected annualized interest rate of loans of the same grade stipulated by the People's Bank of China. Three. Processing flow 1. Car buyers choose cars at dealers. 2. Car buyers and car shops handle car purchase contracts. 3. Provide my credit information. 4. The insurance company passed the examination. 5. The bank informs the car buyer to sign a loan contract and lend money. 7. The car shop signs the license and handles the driving license. 8. The car buyer shall repay the principal and interest on time as agreed in the contract. 9. Pay off the loan, terminate the contract and return the property right certificate and insurance policy. Iv. materials required for application 1. Original identity cards, marriage certificates, household registration books or other valid residence certificates of individuals and spouses; 2. The borrower's professional and economic income certificate issued by the department recognized by the loan bank; 3 car purchase agreement or contract signed with the dealer designated by the loan bank; 4. Proof of deposit in the loan bank or written proof that the down payment has been paid; 5. The written commitment that the insurance company agrees to handle installment loan guarantee insurance for it; 6. Power of attorney for entrusting the loan bank to allocate funds; 7. Other information required by the lending bank. Automobile mortgage's method. Loan target 1. Individuals applying for automobile consumption loans must meet the following conditions: 2. A natural person with full capacity for civil conduct; 3. Have a permanent residence and a fixed address in this city; 4. Have a legitimate occupation and a stable and reliable source of income, and have the ability to repay the loan principal and interest on schedule; 5. Holding an agreement or contract for the purchase of designated brand cars signed with the designated dealer of the loan bank; 6. If there is more than one car buyer, they should apply together. If one party cannot be present for any reason, it shall fill in the power of attorney and sign and seal it. 7. The borrower shall deposit the down payment for car purchase in the loan bank or pay it to the dealer and obtain the corresponding written certificate; 8. Other conditions stipulated by the lending bank. 2. Loan amount, term and expected annualized interest rate 1. The maximum loan amount shall not exceed 70% of the purchase price. 2. The longest loan period shall not exceed five years. 3. The expected annualized interest rate shall be subject to the expected annualized interest rate of loans of the same grade stipulated by the People's Bank of China. 3. Processing flow 1. Car buyers apply. 2. The bank approved it. 3. Sign loan contracts and mortgage contracts-handle mortgage registration (or filing) and insurance procedures. 4. get a loan from the bank. 5. The car buyer shall repay the principal and interest on time as agreed in the contract. 6. Pay off the loan, terminate the contract and return the property right certificate and insurance policy. 4. The materials required for the application are 1. Copy of ID card and household registration book; 2. Personal seal; 3. A copy of the spouse's ID card; 4. Application form for automobile consumption loan; 5. The deposit certificate or payment invoice of the down payment that has been deposited in our bank; 6. Automobile Sales Contract and its certificate; 7. Other information required by the lending bank. The above contents are for reference only, and the final interpretation right belongs to Minsheng Bank. Part of the business is subject to the announcement and specific provisions of local outlets.
Second, how to apply for a car loan from Minsheng Bank
Loan interest rate:
Annual interest rate of the project (%)
I. Short-term loans
Within one year (including one year) 4.35
Second, medium and long-term loans
One to five years (including five years) 4.75
More than five years 4.90
III. Annual interest rate of provident fund loans%
Less than five years (including five years) 2.75
More than five years 3.25
According to the regulations of the People's Bank of China, the loan interest rates of various banks can float freely at present, so the loan interest rates of various loans of various banks will be different, and the interest required for loans will be more or less.
Automobile loan processing flow:
1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;
2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;
3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer account by the bank according to the contract;
4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;
5. loan settlement.
3. Is the online music loan of Minsheng Bank funded by the bank?
Minsheng Bank's online music loan is a peer-to-peer lending platform product, not funded by the bank. The online music loan platform is operated by Minsheng Rongtong (Beijing) Financial Information Service Co., Ltd., a wholly-owned subsidiary of Minsheng Bank. Minsheng Bank provides peer-to-peer lending services through its subsidiaries, providing a connecting platform for investors and borrowers, thus promoting the flow of funds and obtaining benefits.
On the online music loan platform, Minsheng Bank provides risk control technology and services, evaluates and audits borrowers, provides investors with risk assessment and diversification suggestions, and reduces investment risks. At the same time, Minsheng Bank improves the efficiency of capital use through the online music loan platform and promotes the digital transformation of financial services.
It should be noted that although NetMusic Loan is operated by a subsidiary of Minsheng Bank, NetMusic Loan itself is not regulated by banking regulations, but is regulated by China Internet Finance Association and other relevant institutions. Therefore, when investors participate in the investment on the online music loan platform, they need to do their own risk assessment and invest carefully.
4. Is there a zero loan interest rate for buying a car in Fuzhou now?
1, all banks' credit cards buy cars in installments, with zero interest rate, but there is a handling fee. The handling fee depends on the credit card you choose by stages and the model you buy, and
2. At present, the banks that support credit card installment include China Merchants Bank, China Construction Bank, China Bank, Industrial and Commercial Bank, China Everbright Bank and Minsheng Bank.