The loan interest rates of ICBC are 4.35 for six months (inclusive), 4.35 for six months to 1 year (inclusive), 4.75 for 1 to three years (inclusive), 4.75 for three to five years (inclusive) and 4.9 for more than five years.
The loan interest rate is changeable, and it is only a unified benchmark interest rate. All localities can go up or down according to the actual situation. Please consult the local industrial and commercial bank for specific interest rate implementation.
Extended data
ICBC loan terms
1. A natural person with full capacity for civil conduct, aged between 18 (inclusive) and 60 years old (exclusive). Foreigners and residents of Hong Kong, Macao and Taiwan who are borrowers should have lived in People's Republic of China (PRC) for one year and have a fixed residence and occupation.
2. Have legal and valid identity certificate, household registration certificate (or valid residence certificate) and marital status certificate.
3. The borrower has the legal business qualification and can provide the business license of individual industrial and commercial households, partnership enterprises or enterprise legal persons.
4, with a stable source of income and the ability to repay the loan principal and interest in full and on time.
5. It has a good credit record and repayment willingness, and the borrower and its business entities have no bad credit records in known financial institutions such as China Industrial and Commercial Bank.
6. Being able to provide effective and reliable loan guarantee according to the joint loan practice recognized by the lender.
7. The borrower opens a personal settlement account in China Industrial and Commercial Bank.
8. Other conditions stipulated by China Industrial and Commercial Bank.
What's the interest rate for credit loans?
Please log in to China Bank official website (), click Financial Data-Deposit/Loan Interest Rate on the right side of the home page, and select the loan interest rate table according to the currency for inquiry. The interest rates of various loan products will be different. For details, please consult the local branch of Bank of China.
The above contents are for your reference. Please refer to the actual business regulations.
What is the interest rate of personal credit loan?
The interest rate of credit loans is generally 0.8-2.88% per month, which depends on the borrower's qualification and the selected lending institution.
The calculation method of bank personal credit loan interest rate is only a rough algorithm, for your reference only.
Credit refers to the form of value movement on the condition of repayment and interest payment. It usually includes bank deposits, loans and other credit activities. In a narrow sense, it only refers to bank loans, which is the same as "credit" in a broad sense.
Credit is an important form of paid mobilization and allocation of funds in socialist countries and a powerful lever for economic development.
The emergence of loan risk often begins at the stage of loan review. Comprehensive judicial practice shows that the risks in the loan review stage mainly appear in the following links:
1, the review content is omitted.
The bank's loan examiner failed, causing credit risk. Loan review is a meticulous work, which requires investigators to systematically investigate and inspect the qualifications, qualifications, credit and property status of loan subjects. In practice, some commercial organizations will cause a lot of capital losses and bad debts.
2. No due diligence.
In practice, loan examiners often only pay attention to the identification of documents, but lack due diligence, so it is difficult to identify fraud in loans and cause credit risks.
3. Wrong judgment
Banks did not listen to experts' opinions on relevant contents, or made professional judgments by professionals. In the process of loan review, we should not only find out the facts, but also make professional judgments on relevant facts from legal and financial aspects.
behaviour
Credit is the borrowing behavior between different owners that reflects a certain economic relationship. It is a special form of value movement on the condition of repayment. It is a credit activity in which creditors lend money and debtors repay and pay certain interest on time. (gain income by transferring the right to use funds). Credit can be divided into broad sense and narrow sense. Credit in a broad sense refers to the general name of credit activities with banks as the intermediary and deposits and loans as the main body, including deposits, loans and settlement business. Credit in a narrow sense usually refers to bank loans, that is, the issuance of monetary funds with banks as the main body.
hypothesis
From a practical point of view, the basic conditions for banks to issue credit loans are:
1. If the credit rating of enterprise customers is above AA- (inclusive), credit loans can be issued with the approval of provincial branches of state-owned commercial banks;
2. The total profit of operating income accounting has increased continuously in the past three years, the asset-liability ratio is controlled within a good range of 60%, and the cash flow is sufficient and stable;
3. The enterprise promises not to mortgage (pledge) or provide guarantee for others with its effective operating assets, or obtain the consent of the loan bank before mortgage (pledge) and provide guarantee for others;
4. The operation and management are standardized, and there are no bad credit records such as debt evasion and default on interest.
How much is the interest on the bank loan?
The loan interest rate for one year to three years (including three years) is 4.75%, and the loan interest rate for more than five years is 4.9%.
Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development.
Credit loan interest rate?
Legal analysis: the benchmark annual interest rate of credit loans is 0-6 months (including 6 months), 4.35% for 6 months-1 year (including 1 year), 4.35% for 1-3 years (including 3 years) and 4.75% for 3-3 years. The loan interest rate needs to be comprehensively priced in combination with the borrower's qualification, the selected lending institution, the business type applied for, credit status, guarantee method and other factors, and can only be determined after approval by the handling outlets.
Legal basis: Article 37 of the Law of People's Republic of China (PRC) Commercial Bank, when granting loans, a commercial bank shall conclude a written contract with the borrower. The contract shall stipulate the type, purpose, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties think need to be agreed. Article 38 A commercial bank shall determine the loan interest rate according to the upper and lower limits of the loan interest rate stipulated by the People's Bank of China.
How much is the interest on personal credit loan?
0.2%-2.88%
Personal credit loan is a credit loan issued by banks or other financial institutions to borrowers with good credit standing without providing guarantee. When banks apply for personal credit loans, banks have requirements for the use of loan funds.
If you borrow money through a bank, the borrower needs to provide proof or statement of the use of the funds. The general loan amount is between 6,543,800 yuan and 6,543,800 yuan, and the loan period does not exceed one year. The required information is relatively more, and the loan conditions are relatively harsh. The bank's personal credit loan interest rate fluctuates on the basis of the loan benchmark interest rate.
The interest rates of credit loans of different banks and individuals are different, and the specific interest rates are also related to factors such as the amount and duration of loans. For accurate information, please consult the selected loan bank. Under normal circumstances, the average monthly interest rate of personal credit loans is 0.8~2.88%, and the specific interest is determined by the loan time, lender qualification and lending institution.
In addition to choosing banks, there are many online credit loan products to choose from, such as spending money like this. Qianhua is a credit brand of Xiaoman Finance and a pure credit loan product suitable for all kinds of users. It is characterized by high quota, low interest rate, quick receipt, flexible loan repayment and recyclable quota.