Current location - Loan Platform Complete Network - Bank loan - After the loan contract for farmers' loans comes into effect, cash can be distributed when loans are issued by independent payment. Is that correct?
After the loan contract for farmers' loans comes into effect, cash can be distributed when loans are issued by independent payment. Is that correct?
mistake

After the farmer's loan contract comes into effect, rural financial institutions shall issue loans in time as agreed in the contract. When making loans by self-payment, the funds must be transferred to the designated borrower's settlement account, and it is strictly forbidden to make loans in cash to ensure that the funds are distributed to the real borrowers.