Reliable. China Industrial and Commercial Bank announced that from March 8 to April 30, 2022, the one-year annualized preferential interest rate for applying for ICBC personal credit loans was as low as 3.99%. ICBC is the four largest state-owned banks in China 1, and the personal credit loan interest rate of 3.99 is absolutely reliable.
What is the interest rate of ICBC mortgage now? Is there a discount?
1. Now (20 15), ICBC's mortgage interest rate is 5.94%;
2. Quotation:
China Industrial and Commercial Bank's first optimal mortgage interest rate fell by 30%, with an annual interest rate of 5.94%0.7=4. 158%.
3. Introduction of mortgage interest rate:
Mortgage interest rate refers to the loan with real estate in the bank, and the interest is paid according to the interest rate stipulated by the bank.
China's mortgage interest rate is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range. The mortgage interest rate in China is not always constant, but often changes. The form is that interest rates have been rising, so we often compare the situation before and after raising interest rates.
Is there any discount for medical staff for Suzhou ICBC to repay personal loans in advance?
There is a discount. This time, in order to do a good job in financial services for frontline medical staff in epidemic prevention and control, Suzhou ICBC obtained the list of medical staff from Suzhou to Hubei through the People's Bank of China and related medical institutions, and provided preferential measures such as exclusive interest rate and exemption from prepayment fees for medical staff with personal housing loans in the bank for a certain period of time. The newly applied loan business this year is regarded as the preferential interest rate for high-quality customers of banks.
How much is the interest on ICBC loan?
As we all know, among all lending institutions, bank loan interest is the most favorable. As one of the four state-owned banks, ICBC is naturally the first choice for many people to apply for loans. So, what's the interest on the ICBC loan? Let's take a look.
How much is the interest on ICBC loan?
ICBC's loan interest will rise by 10% according to the benchmark interest rate for loans of the same grade in the same period stipulated by the People's Bank of China. Please refer to the following table for details:
Influencing factors of ICBC loan interest
1, loan term
Although it seems from the above table that the annual interest rate increases with the extension of the loan term, from the perspective of monthly interest rate, in fact, the longer the loan term, the lower the interest.
2. Repayment method
There are two loan repayment methods: equal principal and interest and average capital, each with different characteristics and different formulas for calculating interest. For example, someone borrows 654.38 million yuan from a bank for five years, and the annual interest rate is calculated according to the average capital.
Total interest = [(principal/repayment month principal monthly interest rate) principal/repayment month (1 monthly interest rate) ]/2 repayment months-principal = RMB.
Calculated by equal principal and interest,
Total interest = {monthly interest rate of principal ×( 1 interest rate) repayment months /[( 1 interest rate) repayment months-1]} repayment months-principal = RMB.
As can be seen from the example, the equal amount of principal and interest pays more interest than the average capital.
Is it true that ICBC will give you a discount if it sends you a text message?
This is not true. Banks generally don't take the initiative to ask you for a loan. It's all a lie. There are too many liars. They sell money to cheat your identity information, or directly cheat money.
This is the result of the introduction of preferential loans of ICBC and the high threshold of ICBC loans. I wonder if you found the information you need from it?