2. Loans refer to monetary funds provided by state commercial banks and other financial institutions to repay the principal and interest at the agreed interest rate and time limit. Loans can be divided into short-term, medium-term and long-term loans, credit and secured loans according to whether there is guarantee or not, rural industrial and commercial loans and consumer loans according to loan objects and purposes, and personal housing commercial loans, personal housing provident fund loans and personal housing portfolio loans according to individual loan types.
In accounting treatment, the loan of an enterprise can be accounted for by "short-term loan" or "long-term loan" according to the length of the loan period, and then the loan interest can be accounted for by "interest payable".
Conditions required for bank loans
1. Applicants are required to be between 18 and 60 years old and have full capacity for civil conduct. Some banks require applicants for personal loans to be at least 22 years old.
2. The loan applicant must have a stable job and income source, be able to repay the loan principal and interest on time, and also need to provide proof of salary.
3. The applicant has a good credit status and no bad credit record.
4. Having a fixed residence or a valid residence permit at the place where the loan bank is located.
Bank loan process
1. Prepare relevant formalities.
The procedures to be submitted for general loans mainly include: loan application, customer ID card, household registration book, income certificate, marital status certificate and other materials (for customers with spouses, spouse ID card and household registration book are also required). If the customer is a mortgage loan, the property certificate of the collateral needs to be issued; If you are a customer with unsecured loans, you need to provide a good credit record.
Apply to the bank
After the customer prepares the relevant materials, he can submit the relevant materials to the bank or the law firm entrusted by the bank. After paying various fees, the customer needs to sign a loan contract with the bank as a legal document binding both parties.
3. Banks do pre-loan approval.
If it is a house purchase loan, the law firm entrusted by the bank will first conduct a preliminary examination of the customer's application, and if it is qualified, the bank will conduct the final loan approval; If the audit fails, the bank will return the relevant information of the customer and explain the situation to the customer.
4. Go through other legal procedures
In addition to the contract, the customer also needs to go through some legal procedures. If it is a mortgage customer, the customer also needs to go to the relevant department to register the mortgage for future inquiry.
5. Bank loans
After the customer's relevant procedures are completed, the bank will approve the loan or report it to the superior for approval according to the borrower's evaluation. Then, the staff will inform the customer of the loan amount, loan term, loan interest rate and other related details, and issue a loan instruction to transfer the loan project to the customer's account.