When a customer applies for a decoration loan, it usually takes about ten working days for the bank to approve the application, almost one or two weeks.

After the approval result comes out, the bank will immediately notify the customer. After receiving the notice, the approved customer needs to sign a loan contract at the bank's business outlets as soon as possible, which takes about three to five working days.

As soon as the contract is signed, the bank will enter the lending stage, usually in a week or two. Of course, sometimes banks are short of funds or delayed, which may take more time. But generally speaking, decoration loan applications can often be approved in about 20 to 30 working days.

2. How long does it take for the house decoration loan to be released?

If you submit the loan application materials of China Merchants Bank, it will probably take several working days, because the situation involving individual customer evaluation will be different; Please contact the handling branch or loan account manager directly to confirm the specific loan release time, cancellation and other related information.

3. How long will the house decoration loan last?

If you apply for a loan from China Merchants Bank, the approval time of our loan is about 15 working days, because it involves evaluation, mortgage registration and other links, and the situation of each customer will be different; Please contact the handling branch or loan account manager directly to confirm the specific loan release time, cancellation and other related information.

Tips: If you don't receive a reply call for the loan application submitted online, you can directly call 95555-3 Empty Bank -2 Empty Loan for manual consultation!

4. How long can the renovation loan be approved?

10 days or so. Under normal circumstances, decoration loans are generally loan products jointly issued by banks and decoration companies, and users with good credit information and normal work can apply. It takes about 10 days for a bank to apply for a renovation loan to pass the examination and approval. After the approval result comes out, the customer needs to go to the outlet to sign the contract as soon as possible, which takes about three to five working days.

In addition, after the decoration loan contract is signed, the bank will enter the loan stage, usually within one or two weeks. However, the approval process of different banks is different, and the specific situation needs to be subject to the relevant regulations of banks. However, in general, the shortest application period for decoration loans is half a year, and the longest is not more than 5 years (including 5 years). The longer the application period, the higher the interest paid.

Matters needing attention in applying for decoration loan

To apply for a decoration loan, customers can go directly to the counter of the selected bank's business outlets with information to find a staff member to handle it. After receiving the loan application form, he should fill it out carefully, then give the completed form together with the information to the staff, and then wait for the bank's audit results.

After the bank receives the customer's decoration loan application, the account manager will first investigate and sort out the information; Then report to the examination and approval department for examination and approval, and the staff of the examination and approval department will report to the superior person in charge for examination and approval; If it is approved by the superior person in charge, it shall be reported to the branch leader for approval. The approval results can only be distributed after layers of approval.

If approved, the bank will naturally inform the customer to sign the contract. Customers can sign contracts at outlets within the agreed time. After signing the contract and completing the relevant formalities, the bank will lend money and the customer can use it after receiving the money.

Refer to Baidu Encyclopedia-Decoration Loan Application for the above contents.