1 .6% of short-term loans for six months (inclusive).
6% for half a year to one year (inclusive).
3. One to three years (inclusive) 6. 15%.
4. Three to five years (inclusive) 6.4%.
5. More than five years, 6.55%.
In addition, the loan interest rate is related to the loan purpose, loan nature, loan term, loan policy and different loan banks. The state sets the benchmark interest rate, and banks determine the differential loan interest rate according to various factors, that is, floating up or down on the basis of the benchmark interest rate.
Loan interest rate:
1. Loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when granting loans. There are roughly three categories: the loan interest rate of the central bank to commercial banks; The loan interest rate of commercial banks to customers; Interbank lending rate
2. The determinants of bank loan interest are: bank cost. Any economic activity needs cost-benefit comparison. There are two types of bank costs: borrowing costs-prepaid interest on borrowed funds; Additional cost-the cost of normal business. Average profit rate. Interest is the subdivision of profit, which must be less than the profit rate, and the average profit rate is the highest limit of interest. Supply and demand of loan funds. If the supply exceeds the demand, the loan interest rate will inevitably fall, and vice versa.
3. The loan interest rate must also consider price changes, securities returns, politics and other factors. However, some scholars believe that the upper limit of interest rate should be the marginal rate of return of funds. The factor that restricts the interest rate is regarded as the comparison between the profit growth rate of enterprises after borrowing bank loans and the loan interest rate. As long as the former is not lower than the latter, it is possible for enterprises to borrow money from banks.
References:
Baidu encyclopedia-loan interest rate