20 18 benchmark interest rate is divided into loan benchmark interest rate and deposit benchmark interest rate. The benchmark interest rates of loans and deposits will vary according to the time of deposit and loan. The benchmark interest rate for loans within one year (including one year) is 4.35%; The benchmark interest rate is 4.75% for one to five years (including five years) and 4.90% for more than five years; The benchmark interest rate of provident fund loans for less than five years (including five years) is 2.75%, and the benchmark interest rate for more than five years is 3.25%; If you are buying a house, I suggest you consider the provident fund first.

The benchmark interest rate for demand deposits is 0.35%. The benchmark interest rates for lump-sum deposit and lump-sum withdrawal (term) are three months 1. 10%, six months 1.30%, one year 1.50%, two years 2. 10% and three years 2.75%. It can be seen that the longer the deposit time, the higher the interest rate, and the more interest you will eventually get; You can't withdraw money in advance after choosing time deposit. If interest is withdrawn, it will be calculated by current account.

Both the benchmark interest rate for loans and the benchmark interest rate for deposits will fluctuate in actual implementation. If the benchmark loan interest rate rises, more interest will be paid when applying for a loan. If it comes down, it will save a lot. 20 18 loans to buy a house, floating banks account for the vast majority. Similarly, in order to get more deposits from depositors, banks will choose to float on the basis of the benchmark deposit interest rate; Therefore, when making loans and deposits, you can compare several banks and choose the one that suits you best.