Secondly, the Agricultural Bank of China has also introduced installment music products, which can earn as low as 2.5% monthly interest. Although the repayment method is to deduct the total interest before lending, the repayment method is also the same principal and interest, not to repay the principal after maturity.
Personal suggestion: a loan product with a monthly interest rate of 2.5% is a very suitable loan product. No matter what kind of loan product, in the process of handling, we must read the loan contract in detail to prevent some routines in the contract.
What should I pay attention to when handling loan products?
In the process of handling this kind of product, if there are no miscellaneous fees such as handling fees and service fees, this product is indeed a very suitable loan product. However, in the process of handling, we must carefully read the performance agreement signed by both parties in the loan contract to prevent some non-compliant terms or some conventional terms and agreements from appearing in the loan product.
How to use the decoration loan of ABC?
You can pay by credit card issued by Agricultural Bank when swiping your card. If the loan funds hit your ABC card, you can swipe your bank card for consumption, but you need to provide a proof of consumption, that is, proof that you bought decoration building materials.
China Agricultural Bank Decoration Loan Application Conditions
1, with local permanent residence and legal and valid identification. 2. Have a proper occupation and stable income, and have the ability to repay the principal and interest of the loan at maturity.
3. The borrower can provide relevant asset certificates, bank statements, tax bill certificates, etc.
4. If the newly purchased house needs to be renovated, provide information such as house sales contract and purchase invoice (or if the original house needs to be renovated again, provide materials such as house ownership certificate).
5. Other conditions stipulated by the Agricultural Bank.