What banks can provide loans?

Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, Bank of Communications, etc. can all provide loans. Now many banks have their own loan products.

Different lending institutions have different requirements for borrowers. Generally speaking, the loan requirements of state-owned banks are higher than those of commercial banks.

Generally speaking, bank loans will evaluate and review the borrower's credit status, repayment ability, etc. Relevant users can choose the bank where their salary card is located or the bank they have used for a long time.

What banks can I choose for loans? Get to know these financial institutions first!

Many people are short of money now. For office workers, their monthly income is fixed. When encountering an emergency, it is difficult to raise enough funds at once. So which bank is better for a loan? There are many different financial institutions in China now, and how to choose is something everyone should know.

1. Bank classification

1. State-owned banks. The China Agricultural and Industrial Diplomatic Relations that everyone is more familiar with is the state-owned bank, as well as policy banks such as the China Development Bank, the Export-Import Bank of China, and the Agricultural Development Bank of China.

2. Joint-stock commercial banks. China Merchants Bank, Shanghai Pudong Development Bank, China CITIC Bank, China Everbright Bank, Hua Xia Bank, China Minsheng Bank, China Guangfa Bank, Industrial Bank, Ping An Bank, Zheshang Bank, Hengfeng Bank, Bohai Bank.

3. City Commercial Bank. There are also some regional banks in different cities, such as Changsha Bank, Chaoyang Bank, Luoyang Bank, Jinzhou Bank, etc., which specialize in providing financial services to local citizens.

4. Rural Credit Banks, namely rural credit cooperatives, rural commercial banks, and rural cooperative banks, are suitable for farmers to handle financial services.

5. Investment banks. You can usually see Goldman Sachs Group, Morgan Stanley, Citigroup, Wells Fargo, Societe Generale, etc. in some areas.

2. Which bank is better for loans?

1. State-owned banks. If you are looking for low loan costs, it is recommended to go to a state-owned bank because the rates are relatively low, but the application threshold is high and the service attitude is not as good as that of joint-stock commercial banks.

2. Joint-stock commercial bank. There are many domestic outlets, good service attitude, and many business products. The vast majority of users choose these banks because they are easy to apply for and deposit money quickly.

3. City Commercial Bank. In fact, local city commercial banks also have some high-quality credit products, so you can check them out if necessary.

Which banks can I apply for a loan from?

You can apply for loans from most banks, as follows:

1. State-owned banks: Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, China Construction Bank, and Bank of Communications.

2. Local banks: Bank of Weifang, Bank of Dezhou, Bank of Langfang, Bank of Beijing, Bank of Shanghai and other local banks.

3. Rural commercial banks and credit cooperatives: Rural Credit Cooperatives, Beijing Rural Commercial Bank, etc.

4. Private banks: Minsheng Bank, Zhejiang Online Commerce Bank, Shenzhen Qianhai WeBank, etc.

5. Foreign banks: Citibank, Hang Seng Bank, Standard Chartered Bank, etc.

Which banks can apply for personal loans

As long as the conditions are met, all banks can apply for personal loans, including Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, etc.

Bank of Communications, China Merchants Bank, etc. can all provide loans. However, the characteristics of personal consumption loans of various banks are different.

1. Characteristics of China Construction Bank’s personal consumption loans: high loan amount, convenient loan, and low loan interest rate. The loan interest rate of its quick e-loan product is only about 7.6.

2. Features of ICBC’s personal consumption loan products: Comprehensive personal consumption loans have a wide range of consumption uses, higher loan amounts, and longer loan periods.

3. Agricultural Bank of China offers many credit brands with good service and flexible repayment methods.

Loans (electronic IOU credit loans) are simply understood as borrowing money that requires interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds according to certain interest rates and must be returned. Loans in a broad sense refer to the general term for lending funds such as loans, discounts, and overdrafts.

Banks invest the concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income. , increasing the bank’s own accumulation.

The "Three Characteristics Principle" refers to safety, liquidity, and efficiency. This is the fundamental principle of commercial bank loan operations. Article 4 of the "Commercial Bank Law" stipulates: "Commercial banks take safety, liquidity, and efficiency as their operating principles, implement independent operations, bear their own risks, be responsible for their own profits and losses, and self-discipline."

Loan safety It is the primary problem faced by commercial banks;

Liquidity refers to the ability to recover loans within a predetermined period or to quickly realize cash without loss, so as to meet the needs of customers to withdraw deposits at any time;

Efficiency is the basis for the bank's continued operations.

For example, if a long-term loan has a higher interest rate than a short-term loan, the efficiency will be good. However, if the loan period is longer, the risk will increase, the safety will be reduced, and the liquidity will become weaker. Therefore, there must be harmony between the "three natures" so that there will be no problems with loans.

Repayment method:

1. Equal principal and interest repayment: that is, the sum of the loan principal and interest is repaid in equal monthly installments. Housing provident fund loans and commercial personal housing loans from most banks adopt this method. In this way, the monthly repayment amount is the same;

2. Equal principal repayment: that is, the borrower will evenly distribute the loan amount and repay it in each period (month) throughout the repayment period, and pay it off at the same time A repayment method based on loan interest from the previous trading day to the current repayment date. In this way, the monthly repayment amount decreases month by month;

3. Monthly interest payment and principal repayment on maturity: that is, the borrower repays the loan principal in one lump sum on the loan maturity date [with a period of less than one year] (Applicable to loans (including one year)), the interest on the loan is calculated on a daily basis, and the interest is returned on a monthly basis;

4. Repay part of the loan in advance: that is, the borrower can apply to the bank to repay part of the loan amount in advance. Generally, The amount is 10,000 or an integral multiple of 10,000. After repayment, the loan bank will issue a new repayment plan, in which the repayment amount and repayment period have changed, but the repayment method remains unchanged, and the new The repayment period shall not exceed the original loan period.

5. Repay the entire loan in advance: The borrower applies to the bank to repay the entire loan amount in advance. After repayment, the lending bank will terminate the borrower's loan and handle the corresponding cancellation procedures.

6. Borrow and repay at any time: The interest after borrowing is calculated on a daily basis, and one day is used to calculate the interest. You can settle the payment in one lump sum at any time without penalty.

Which bank is better to get a loan to buy a house?

Loans to buy a house are generally divided into two categories: commercial loans and housing provident fund loans. Because different loans have different loan conditions, as well as different loan interest rates and terms.

1. Bank of China mainly operates provident fund loans, first-hand housing loans, and personal second-hand housing loans. Bank of China is mainly engaged in commercial banking business, including corporate, personal finance, treasury business, international treasury business and financial institution business.

2. Agricultural Bank of China offers many credit brands, good service, and flexible repayment methods. The business field of Agricultural Bank of China has developed from the initial agricultural credit and settlement business to a complete range of products, a combination of local and foreign currencies, and the ability to handle various international and domestic financial businesses.

3. China Construction Bank’s loans can be used to simply purchase a house, or can be combined with loans for house purchase and decoration; it can handle both first-hand house loans and second-hand house loans; it can provide both provident fund loans and Apply for personal housing loans; it can not only provide loans for individuals purchasing commercial housing, but also purchase affordable housing, etc.

4. ICBC has always taken a low-key route and launched commercial housing mortgage loans and personal housing portfolio loans, which are relatively reliable choices.

ICBC is China's largest corporate bank, with 4.12 million corporate customers as of the end of 2010. ICBC adheres to the steady development of credit and maintains its status as China's No. 1 credit bank.

Notes:

Conditions for bank loan application:

1. Natural persons aged 65 to 65 years old;

2. The actual age of the borrower plus the loan application period should not exceed 70 years old;

3. Have a stable career, stable income, and the ability to repay the principal and interest of the loan on time;

4. Good credit report , no bad records, the loan purpose is legal, etc.