First, for rural credit cooperatives loans should have the conditions
1. The borrower is a citizen of People's Republic of China (PRC) with full civil capacity; The purpose of the loan is clear and legal; The amount, duration and currency of the loan application are reasonable; The borrower has the willingness and ability to repay.
2. The borrower has good credit status, good moral quality, law-abiding and no major bad credit record; Have a stable economic income and the ability to repay the loan principal and interest on schedule; Opening a current deposit account in rural credit cooperatives can provide effective guarantee and mortgage (pledge) guarantee recognized by rural credit cooperatives; Other conditions required by the lender.
3. Personal production and operation loans shall not be used for the following purposes except meeting the above conditions: production and operation activities that do not meet the national industrial and environmental protection policies; It has been included in the business scope of restricted and eliminated customers of the Bank; Capital market investment; Pay off bad financial debts.
Two, rural credit cooperatives loans:
1. Credit loan. This kind of loan is generally low in amount, and it is only granted to agricultural registered permanent residence, and they live in the jurisdiction of credit cooperatives for a long time.
2. Secured loans: secured loans for farmers and secured loans for public officials of rural credit cooperatives.
3. mortgage or. Common collateral includes houses, land, forests and so on. The loan amount is paid in proportion to the value of the collateral.
Extended data
Loan interest rate of rural credit cooperatives
Generally speaking, there is no specific amount of loan interest rate of credit cooperatives, and the interest rate is mainly determined according to the borrower's qualification, the central bank's interest rate and the guarantee method.
1. According to the regulations, credit cooperatives have the right to raise or lower the loan interest rate according to the borrower's situation. Generally speaking, the lower limit of the loan interest rate of rural credit cooperatives is 0.9 times the benchmark interest rate, and the maximum floating coefficient is 2.3%.
2. Under the same conditions, the better the borrower's qualification, the lower the loan interest rate.
3. There are four common ways of guarantee, namely pledge guarantee, mortgage guarantee, guarantee guarantee and credit loan. Under the same conditions, the loan interest rate is the lowest, followed by mortgage loans and guaranteed loans, and the credit loan interest rate is the highest.
Requirements for rural credit cooperatives
1. On the premise of supporting agriculture, the funds organized by the credit cooperatives themselves have enough surplus funds to issue this loan. Only100000 company loans can be issued for every 50 million yuan of surplus funds. May not borrow funds from the People's Bank of China to issue corporate loans or re-loans;
2. If this loan is granted, the proportion of the enterprise loan to the total loan of the credit cooperative cannot exceed 65,438+00%; The proportion of the top ten loans of a credit cooperative to the total loans cannot exceed 50%.
3, city and state associations, credit cooperatives must have a loan feasibility report, there are sufficient reasons for the loan, and there are improvement measures for the existing problems;
4. Most of the loan review committees of city and state associations and credit cooperatives agree, among which: the chairman and director must agree at the same time and mark the words "agree" respectively;
The main person in charge of the 5 city, state and union credit cooperatives must sign the words "true and correct" on all the loan information reported.
6, the responsibility of the loan (credit cooperatives, county association, city association loan officer, the leader in charge of credit, the main person in charge and other relevant personnel) should bear the responsibility.