Application conditions
To apply for a car loan, you must buy a limited range of cars at a special dealer recognized by the bank and apply for a car loan.
The loan purchaser must meet the following conditions:
(1) The car buyer must be a China citizen who has reached the age of 18 and has full civil capacity.
(2) Car buyers must have a stable job, a stable economic income or assets that are easy to realize before they can repay the loan principal and interest on schedule. The realizable assets here generally refer to securities, gold and silver products, etc.
(3) During the loan application period, the car buyer shall deposit the down payment for car purchase not less than that stipulated by the bank into the bank savings counter account.
(4) Providing banks with bank-approved guarantees. If the personal account of the car buyer is not local, it is necessary to provide joint and several liability guarantee, and the bank does not accept the mortgage set by the car buyer with the loan.
(5) Car buyers are willing to accept other conditions deemed necessary by the bank.
If the applicant is an enterprise or institution with legal personality, it shall meet the following conditions:
(1) Having the ability to repay bank loans;
(2) During the loan application period, there is no less than the down payment for car purchase stipulated by the bank and deposited in the accounting department of the bank;
(3) Providing recognized guarantees to banks;
(4) Willing to accept other necessary conditions proposed by the bank.
The term "special dealer" as mentioned in the loan refers to the automobile dealer recommended by the automobile production enterprise, whose financial strength, market share and credibility are screened by the branches at all levels of the bank and then reported to the head office. After confirmation by the head office, the automobile dealers sign cooperation agreements with the branches on automobile consumption loans.
information needed
1. Personal loan application;
2. Personal valid identity documents. Including resident identity cards, household registration books, official documents, 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. Household registration certificate or long-term residence certificate;
4. Personal income certificate, family income or property certificate when necessary;
5. Certificate of intention to buy a car issued by the car dealer;
6. Loan to buy a car down payment certificate;
7. If the purchased vehicle is secured by means other than mortgage, relevant materials for the guarantee shall be provided, including pledge certificate, ownership certificate, evaluation certificate, letter of intent for third-party guarantee, etc. ;
8. If the borrowed 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 loading agreement and lease agreement of the vehicles belonging to the transportation fleet;
9. If the vehicle purchased by the loan is a second-hand car, it is also necessary to provide a car purchase intention certificate and a vehicle evaluation report issued by an evaluation agency recognized by China Construction Bank; Vehicle seller's vehicle ownership certificate, motor vehicle registration certificate of trading vehicle, vehicle annual inspection certificate, etc.
Application process
1. Customer application. Apply to the bank, fill in the application form in writing, and submit relevant materials at the same time;
2. Sign the contract. After the bank examines the application materials submitted by the borrower, both parties sign a loan contract and a guarantee contract.
Loan to buy a car
Handle relevant notarization and mortgage registration procedures as appropriate;
3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer's account.
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. ① Normal settlement: loan maturity date (one-time repayment)
Million car purchase subsidy