I. Interest rate of personal bank loans:
1, loans within one year (inclusive): 4.35%;
2. Loans from one year to five years (inclusive): 4.75%;
3. Loans for more than five years: 4.90%;
Provident fund loans, less than five years (including five years): 2.75%, more than five years: 3.25%.
Second, the conditions for applying for personal loans from banks
When you apply for individual housing provident fund loans, you must comply with the regulations of the housing provident fund management department on housing provident fund loans. The basic conditions to be met include:
1, with urban permanent residence or valid residence status;
2. Participate in the housing provident fund and pay it normally;
3, a stable economic income, good credit, the ability to repay the loan principal and interest;
4. There are legal and effective certificates such as contracts and agreements for the purchase and overhaul of housing;
5. Self-raised funds above the minimum amount are guaranteed to be used to pay the down payment of the purchased (overhauled) house;
6. There are assets that meet the conditions of mortgage or pledge, or (and) legal persons, other economic organizations or natural persons with sufficient compensation capacity as guarantors.
Apply for individual housing portfolio loans, as long as they meet the loan conditions of both individual housing mortgage loans and individual housing provident fund loans. It should be noted that the lenders (main lenders) of portfolio loans must be the same person.
Legal basis:
Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases
Article 30 The lender and the borrower have agreed on overdue interest rate, liquidated damages or other expenses. The lender can choose to claim overdue interest, liquidated damages or other expenses, or both, but the people's court will not support the part that exceeds 4 times the quoted interest rate of the one-year loan market when the contract is established.
Thirty-second after the implementation of these provisions, the people's court of first instance shall accept the new cases of private lending disputes, and these provisions shall apply.
If the lending behavior occurred before August 20, 2009+August 20, 2065438, the upper limit of the protection interest rate can be determined by referring to four times the quoted interest rate of the one-year loan market when the plaintiff sued.
Brief summary:
What is the annual interest rate of personal loan? At present, the benchmark "annual interest rate" for individual (RMB) loans of 0- 1 year (including 1 year) announced by the People's Bank of China is 4.35%; The benchmark annual interest rate for 1-5 years (including 5 years) is 4.75%; The benchmark "annual interest rate" for five years is 4.9%.