The longest term of pledge loan for wealth management products is 3 years, but the time limit for investors to apply for loans must be before the maturity date of wealth management products. For example, if the wealth management products held by investors still expire in six months, the loan period cannot exceed six months.
Pledged loan of personal wealth management products refers to a kind of credit business in which the borrower pledges the beneficial right of local and foreign currency wealth management products sold in the bank in his own name, obtains RMB loans from the bank, and repays the principal and interest of the loans when due. Of course, not all bank wealth management products can pledge loans.