Conditions for handling automobile mortgage:
The loan applicant is a citizen of China with the age of 18-65;
Have a stable economic income and the ability to repay the principal and interest of loans;
The borrower has a good credit record and no bad credit record;
The mortgaged vehicle has legal and valid certification materials (vehicle registration certificate, etc.). );
Being able to provide effective guarantee recognized by the loan bank;
Other conditions stipulated by the lending bank.
Materials prepared by automobile mortgage:
Original and photocopy of the identity certificate of the mortgagee (official seal is required);
Original mortgage contract;
Original and photocopy of motor vehicle owner's identity certificate (original and photocopy of unit vehicle organization code certificate, original and photocopy of valid residence permit for temporary residents);
Power of attorney of mortgagee and power of attorney of motor vehicle owner (stamped with official seal and cheque seal);
Motor vehicle registration certificate;
If it is an agent, the original and photocopy of the agent's identity certificate are also required;
Fill in the Application Form for Motor Vehicle Mortgage Registration/Pledge Filing.
Handling the automobile mortgage process:
The customer provides the information of the mortgaged vehicle;
The appraiser of the borrower evaluates the vehicle to be mortgaged;
The borrower and the lender negotiate the value of the mortgaged vehicle;
The borrower and the lender sign a vehicle mortgage contract and notarize it at the same time;
The borrower and the lender go to the vehicle management office for mortgage registration and relevant certificates;
The lender drives the vehicle to the parking lot designated by the borrower, gives all the car keys to the company for safekeeping, and the borrower issues a receipt list and pays the mortgage amount at the same time;
After the mortgage expires, the lender and the borrower go through the repayment and mortgage cancellation procedures, repay all the loans, and cooperate with the borrower's vehicle management office to go through the mortgage registration cancellation procedures and get the car keys;
After the loan expires, the mortgage will be released.