What are the loan conditions for China Construction Bank to buy a car? Is it good to apply for a car loan from China Construction Bank?

loan conditions for China Construction Bank to buy a car

China Construction Bank has a loan product suitable for buying a car: personal car loan. This product is a loan product specially used by CCB for people to buy cars. If you want to borrow money to buy a car, the applicant needs to meet the conditions of CCB's personal car loan:

1. The applicant needs to be a legal citizen of China with full capacity for civil conduct, aged 18-6 years old, and must submit a valid personal identity document when applying;

2. Applicants need to have the ability to repay the loan and have a stable income. When applying, they need to submit personal income certificates. If they can submit property certificates, it will be helpful for the loan.

3. The applicant's personal credit is good;

4. The applicant needs to pay a part of the down payment for the car and submit the proof of the down payment for the car purchase;

5. The loan amount applied by the applicant is limited. Generally, the loan amount for self-use car does not exceed 8% of the total car price; Commercial vehicles do not exceed 7% of the car price, and the loan amount for commercial trucks does not exceed 6% of the car price;

6. The term of the applicant's loan is also limited. Generally, the term is 3-5 years, and the longest one cannot exceed 5 years;

7. To apply for CCB's personal car loan, the applicant needs to provide a guarantee, which can be in the form of vehicle mortgage, vehicle mortgage plus guarantor guarantee, etc.

8. To apply for a loan, other conditions of China Construction Bank need to be met.

Is it easy for CCB to apply for a car loan?

As we all know, CCB, as a state-owned bank, has a relatively high loan threshold and a relatively strict review. In fact, it is not that difficult to apply for a car loan at CCB. As long as the applicant meets the conditions for borrowing, the borrower is generally required to have a stable job and income and a good personal credit record. It is not difficult to obtain a car loan from CCB. The processing flow is as follows:

1. Applicants need to bring their identity documents to apply to the bank, fill in a written application form, and submit relevant materials needed for loans, such as income certificates, material certificates, car purchase intention certificates issued by car dealers, down payment certificates and other materials;

2. After the applicant submits the information, the bank will review the relevant information submitted by the borrower. If there is no problem in the review, it will inform the borrower to sign the loan contract, guarantee contract, etc., and handle the relevant procedures;

3. After the formalities are completed, you only need to wait patiently for the bank to approve and issue loans;

4. After obtaining the loan, the borrower can repay it according to the regulations;

5. After the loan is paid off, the borrower goes to the bank to handle the relevant vouchers for loan settlement, and finally goes to the original mortgage registration department to handle the mortgage registration cancellation procedures, and the whole process of auto loan is over.

What information does CCB need for auto loans

In order to reduce the risk of auto loans, CCB requires individuals to prepare basic materials when applying for auto loans from CCB. So what are the application materials for the auto loan of China Construction Bank? Let me introduce it to you.

China Construction Bank auto loan application materials:

1. Personal loan application form, complete and true.

2. Personal valid identity document. Including resident identity cards, household registration books, official certificates, passports, passports of Hong Kong, Macao and Taiwan compatriots, etc. If the borrower is married, the identity certificate of the spouse shall be provided.

3. the household registration certificate or long-term residence certificate of the place where the loan bank is located.

4. Personal income certificate, if necessary, provide family income or property certificate to prove that you have the ability to repay the loan on time.

5. proof of car purchase intention issued by the car dealer.

6. The proof of down payment for car purchase can be a receipt or an invoice.

7. If the purchased vehicle is guaranteed by means other than mortgage, the relevant materials of the guarantee shall be provided, and the identity certificate and credit certificate of the guarantor shall be provided for the guarantee of natural persons.

8. if the purchased vehicle is a commercial vehicle, it is also necessary to provide proof that the purchased vehicle can be legally used for operation, such as the attachment agreement and lease agreement of the vehicle attached to the transport fleet.

9. Other information required by China Construction Bank.

what are the conditions for the car loan of China Construction Bank?

(1) Having valid identification and full capacity for civil conduct;

(2) It can provide a fixed and detailed address certificate;

(3) Having a stable job and the ability to repay the loan principal and interest on schedule;

(4) Personal social credit is good;

(5) Holding a car purchase contract or agreement recognized by the lender;

(6) Other conditions stipulated by the Cooperation Organization.

How do individuals apply for vehicle mortgage loans when they go to CCB? What procedures are needed

1. Application materials to be provided:

1. Personal Loan Application Form;

2. Personal valid ID. Including identity cards, household registration books, military officers' cards, passports, and travel passes for compatriots from Hong Kong, Macao and Taiwan Province. If the borrower is married, the identity certificate of the spouse shall be provided;

3. Household registration certificate or long-term residence certificate;

4. Personal income certificate, and family income or property certificate when necessary;

5. Certificate of intention to buy a car issued by the car dealer;

6. proof of down payment for car purchase;

7. If the purchased vehicle is secured by other means than mortgage, relevant materials for the guarantee shall be provided;

8. if the vehicle purchased by the loan is a commercial vehicle, it is also necessary to provide proof that the purchased vehicle can be legally used for operation, such as the affiliation agreement and lease agreement for the vehicle to be attached to the transportation fleet.

2. Handling process:

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 a contract. After the application materials submitted by the borrower are investigated and approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through relevant notarization and mortgage registration procedures as appropriate;

3. Issue loans. After all the formalities have been completed, the loan approved by the bank will be directly transferred to the account of the automobile dealer 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. Loan settlement includes normal settlement and early settlement.

Extended information:

1. Loan amount: If the purchased vehicle is self-used, the loan amount shall not exceed 8% of the price of the purchased vehicle; If the purchased vehicle is a commercial vehicle, the loan amount shall not exceed 7% of the price of the purchased vehicle, of which the loan amount for commercial trucks shall not exceed 6% of the price of the purchased vehicle;

2. loan term: the purchased vehicle is for self-use, and the longest loan term shall not exceed 5 years; The purchased vehicle is a commercial vehicle with a loan term of no more than 3 years;

3. Loan interest rate: subject to the loan interest rate regulations of China Construction Bank;

4. Guarantee method: To apply for personal auto loan, the borrower must provide certain guarantee measures, including pure vehicle mortgage, vehicle mortgage guarantee institution, vehicle mortgage natural person guarantee and vehicle mortgage performance guarantee insurance.