The micro-loan of China Bank requires the applicant to have a stable occupation and income, and the individual has enough repayment ability, so as to ensure your normal repayment ability and reduce the risk of bank loans. Generally, a small loan from a bank in China needs a loan of 20,000 yuan, with a loan term of 1 to 3 years. The borrower shall apply to the bank outlets offering small loans. When applying, the borrower should bring his ID card and other relevant information, and if he is a merchant, he should also bring his business license. After receiving the lender's application, the bank will investigate the lender. The bank mainly examines the lender's personal credit status and personal income status to decide whether to pass or not.

Second, the interest rate of small loans of China Bank.

The interest rate of small loans in China Bank is slightly different due to the different loan years. Within one year (including one year) is 4.35%, from one to five years (including five years) is 4.75%, and over four years is 4.90%. The People's Bank of China adjusted the loan interest rate of financial institutions accordingly; The interest rate of individual housing provident fund loans remains unchanged. The loan interest rate of Bank of China is adjusted to one-year fixed interest rate 1.750%, two-year fixed interest rate 2.250%, three-year fixed interest rate 2.750% and five-year fixed interest rate 2.750%.

3. What are the procedures for handling small loans?

1. Apply to the community labor security station (village committee) where the household registration is located and conduct preliminary examination. After being audited by the street (township) labor security office, it will be reported to the small secured loan counter in the lobby on the first floor of the Municipal Employment Service Administration for acceptance; After on-the-spot investigation, the Joint Audit Committee shall notify the Lender to handle relevant loan procedures:

2。 The guarantee method is that the guarantor goes through the formalities: the lender and the guarantor sign a counter-guarantee contract and a guarantee contract at the guarantee company; The lender and the guarantor shall go to the designated notary office for notarization with the signed contract; Lenders go to designated banks to collect loans.

3. The guarantee method is the handling procedure of real estate mortgage: the real estate obligee goes to the municipal real estate property right transaction management center to receive the mortgage contract, and signs and seals it with the guarantee company; Property owners and co-owners shall go through the mortgage registration formalities at the municipal property right transaction management center; The original title certificate shall be handed over to the guarantee company for retention, and the lender, property owner and co-owner shall sign the counter-guarantee contract and mortgage contract with the guarantee company.

4. The lender, the property owner and the co-owner shall go to the designated notary office for notarization with the signed contract; Lenders go to designated banks to collect loans.

To sum up, we know the requirements of China Bank for small loans. In China Bank, small loans usually need 20,000 yuan to start lending.