(1) at least 18 years old, with full capacity for civil conduct, and the sum of the borrower's age and the loan term shall not exceed 60 years;

(2) Having a fixed residence or business premises in the local area;

(3) Have the ability to repay the loan principal and interest on schedule;

(4) Good reputation and no bad credit record;

(5) Meeting the relevant requirements for rating and credit granting of rural credit cooperatives;

(6) To apply for a loan by way of guarantee, it can provide an effective guarantee recognized by the rural credit cooperatives;

(7) According to the purpose of the loan, the corresponding conditions shall be met;

(eight) other conditions required by the rural credit cooperatives.

What is the interest rate?

Within one year: 4.35%

One to five years: 4.75%

More than five years: 4.90%