That is, the monthly interest rate is 2 points.

1000 yuan monthly interest 20 yuan.

1000 yuan, the daily interest is 20/30=0.66667 yuan, and the loan interest is calculated according to the actual days.

Jiao Yuan Li Fen

Divide one yuan by 100, which is the score.

Take one yuan and divide it by 1000, which is the percentage.

Date: 2014-11-22

Category item

Annual interest rate (%)

I. Short-term loans

Within one year (including one year) 5.60

Second, medium and long-term loans

One year to five years (including five years) 6.00?

More than five years 6. 15

Three, personal housing provident fund loans

Less than five years (including five years) 3.75

More than five years, 4.25?

The above is the annual loan interest rate announced by the People's Bank of China.

The loan interest rate of 2 cents per month is 24% per year.

It has reached four times the annual interest rate of loans of the same grade in the same period and is not protected by the state.