1. If you provide guarantee for the loan, the guarantee method should at least include the mortgage of the purchased vehicle. When the Lender deems it necessary, it may request to supplement one or more of the following guarantee methods on this basis:
(1) Mortgage/pledge of property other than purchased vehicles;
(2) The third party (natural person or legal person) irrevocably guarantees joint liability.
2. For customers who meet the collateral guarantee method, credit can be granted through collateral guarantee method.
Due to the different guarantee methods of auto loans in different branches, please consult the loan handling bank of Bank of China in detail.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.