1. The credit card installment business of Industrial Bank requires the applicant to have good repayment ability and credit status, and the financial certificates to be provided include real estate license, commercial housing sales (pre-sale) contract and purchase invoice. Some Industrial Banks require cardholders who apply for car installment payment to have a credit card overdraft limit of 6,543,800-200,000 yuan, while others allow cardholders with good credit to apply for car installment.

Second, Industrial Bank credit card installment car purchase process:

1. application

After the applicant is optimistic about the proposed car purchase price at the dealer, he should fill in the Application Form for Installment Payment of Car Purchase by Credit Card of Industrial Bank and the Credit Information Questionnaire, and submit them to Industrial Bank together with the relevant certificates of personal situation.

2. Bank approval

Industrial Bank conducts pre-loan investigation and approval. For those who meet the loan conditions, the bank will inform the applicant of the form and apply.

Step 3 deal with

After the application is approved, Industrial Bank will notify the applicant to sign the loan contract, guarantee contract and mortgage contract, and go through the mortgage registration and insurance procedures.

Step 4 lend money

After the contract signing and other formalities are completed, Industrial Bank will issue loans (the loans will be directly transferred to the car dealer's account by Industrial Bank).

Step 5 pay for the car

The applicant should pay the down payment to the car dealer, and go through the formalities of car pick-up with the passbook and the car pick-up slip issued by Industrial Bank.