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Conditions and amount of application for study abroad loan of China Merchants Bank
If you are studying in the Netherlands, China Merchants Bank currently has a loan for studying abroad. Some cities of China Merchants Bank provide loans for studying abroad to natural persons to pay the tuition and living expenses incurred by visa applicants or immediate family members during their study abroad. If you meet the application conditions, you can try to contact the outlets to apply.

Application conditions

1. has legal and valid identification; 2. Age plus loan period shall not exceed 70 years old; 3. Have the ability to repay the loan principal and interest on time; 4. Have obtained the notice of studying abroad or other admission documents; 5. Abide by the law, be honest and trustworthy, and have no illegal acts. At present, there are no criminal cases or civil cases against them; 6. Other conditions stipulated by this institution.

amount of loan

The amount needs to be determined according to the proof materials such as the notice of studying abroad. In principle, the minimum amount of a single credit is not less than 1 ten thousand yuan, and the maximum amount is not more than 1 ten thousand yuan. The specific amount needs to be confirmed by contacting the local outlets.

Processing mode

Generally, it is handled by mortgage, and the longest loan period is no more than 8 years (inclusive); With credit, the longest loan period shall not exceed 3 years. It is recommended that you confirm with your local outlets whether you can apply.

Authorization application

The application for financial aid needs to be confirmed with your school.