China People's Bank loan benchmark interest rate: (1) Short-term loans: within one year (including one year), and the adjusted interest rate is 4.35. (2) Medium and long-term loans: the adjusted interest rate is 4.75 for one to five years (including five years); The adjusted interest rate for more than five years is 4.90. (3) Personal housing provident fund loan: the adjusted interest rate is 2.75 for less than five years (including five years); The adjusted interest rate for more than five years is 3.25.

In order to deepen the interest rate marketization reform, improve the interest rate transmission efficiency and reduce the financing cost of the real economy, the People's Bank of China decided to reform and improve the formation mechanism of the quoted interest rate (LP) in the loan market. The relevant matters are hereby announced as follows:

1. Since August 20, 2065438+2009, the People's Bank of China has authorized the National Interbank Funding Center to announce the quoted interest rate of the loan market at 9: 30 on the 20th of each month (postponed in case of holidays), which can be inquired by the public on the websites of the National Interbank Funding Center and the People's Bank of China.

II. Loan Market Quotation Rate Quotation Banks should quote to the National Interbank Funding Center at the open market operating rate (mainly referring to the medium-term lending convenience rate) before 9: 00 on the 20th of each month (postponed in case of holidays). After removing the highest and lowest quotations, the National Interbank Funding Center calculates the quotation rate of the loan market through arithmetic average.

Third, in order to improve the representativeness of the loan market quotation rate, the types of quotation banks in the loan market quotation rate have increased from the original national banks to city commercial banks, rural commercial banks, foreign banks and private banks, and this time they have been expanded from 10 to 18, and will be evaluated and adjusted regularly in the future.

4. Expand the quoted interest rate of the loan market from the original one-phase variety 1 year to two-phase variety 1 year and more than five years. Loans with a term of 1 and a term of more than five years are priced with reference to the loan market quoted interest rate of the corresponding term, and the loan interest rates with a term of 1 and a term of 1 to five years are independently selected by the Bank.

Five, from now on, banks should mainly refer to the loan market quotation rate pricing in new loans, and adopt the loan market quotation rate as the pricing benchmark in the floating rate loan contract. The existing loan interest rate is still implemented according to the original contract. Banks may not set the implicit lower limit of loan interest rate pricing in any form through cooperative behavior.

Six, the People's Bank of China will guide the market interest rate pricing self-discipline mechanism to strengthen the supervision and management of the loan market quotation rate, evaluate the quotation quality of quotation banks, urge banks to use the loan market quotation rate pricing, and seriously deal with illegal acts that disrupt the market order such as setting the implicit lower limit of loan interest rate by banks. The People's Bank of China incorporated the application of the quoted interest rate in the loan market and the competitive behavior of the loan interest rate into the macro-prudential assessment (MPA).

Legal basis:

According to Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases, if the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people shall support it, except that the interest rate agreed by both parties exceeds four times the one-year loan market listing rate when the contract is established.

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Benchmark interest rate of central bank loans in 2020

In 2020, the state stipulated that the benchmark interest rate of ordinary commercial loans should be 4.35% within one year (including one year), 4.75% from one year to five years (including five years) and 4.9% for more than five years.

The loan interest rate refers to the ratio of interest amount to principal amount during the loan period. China's interest rate is managed by the People's Bank of China, and the determined interest rate is implemented after being approved by the State Council.

The loan interest rate directly determines the profit distribution ratio between the borrowing enterprise and the bank, thus affecting the economic interests of both borrowers and lenders. The loan interest rate varies with the types and duration of loans, and it is also related to the scarcity of borrowed funds.

The loan interest rate is the main basis for the parties to the loan contract to calculate the loan interest, and the loan interest rate clause is the main clause of the loan contract. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China.

What is the interest on the loan for 1100 years?

Calculate the annual loan interest 100000 according to the loan interest rate, and the formula is:

Interest = annual interest rate of loan principal

At present, the benchmark interest rate of 1 year loan announced by the People's Bank of China is 4.35%. According to this interest rate, the annual loan interest 1000004.35%=4350 yuan.

However, the interest of other loan platforms on the market is not so low, or even illegal. Therefore, if there is a demand for funds, you should look for formal financial institutions such as banks, otherwise, the loan interest may be unaffordable.

What is the annual interest rate of the bank's formal loan of 654.38+10,000 yuan?

The bank's annual loan interest rate is not determined out of thin air. It needs to fluctuate on the latest benchmark interest rate issued by the central bank, and it should also be combined with multiple factors such as the bank's own situation and local policies. The loan interest rate of most banks will rise by about 10%-20% on the latest benchmark interest rate of the central bank.

Suppose a user applies for a loan of 654.38 million yuan in a regular bank, and the latest one-year benchmark interest rate of the central bank is 3.85%. According to the standard of increasing 10%-20%, the annual interest of users applying for 654.38 million yuan is between 4,200 yuan and 4,620 yuan.

June 5438+February 2020 central bank loan benchmark interest rate

The benchmark interest rate (LPR) of central bank loans in June 5438+February 2020 is: 1 year, 3.85%, and 5-year, 4.65%. According to the relevant interest, on June 5438+February 2, 20201day, the People's Bank of China announced that the loan market quoted interest rate (LPR) 1 year was 3.85%, and it was 4.65% for five years or more. At this point, the last LPR quotation in 2020 landed, and the quotation has been put on hold for 8 months.

What is the bank's one-year loan interest rate?

Please log in to China Bank official website (), click Financial Data-Deposit/Loan Interest Rate on the right side of the home page, and select the loan interest rate table according to the currency for inquiry. The interest rates of various loan products will be different. For details, please consult the local branch of Bank of China.

The above contents are for your reference. Please refer to the actual business regulations.