According to the inquiry, I want to have money. Com shows that group e-loan refers to the online consumer loan service provided by Agricultural Bank of China for employees of large-scale high-quality group units. Group E loan amount: up to 300,000; Interest rate: annualized 4.3%-4.65%; Duration: 1-3 years; Repayment method: interest first, principal later or equal principal and interest.
Interest rate refers to the ratio of the interest amount due in each period to the par value of the borrowed, deposited or borrowed amount (called the total principal). The total interest of the lent or borrowed amount depends on the total principal, interest rate, compound interest frequency and the length of time of lending, deposit or borrowing. The interest rate is usually calculated as a percentage of one-year interest to principal.