1. How can the Agricultural Bank loan without an annual fee?

Agricultural Bank of China is a state-owned commercial bank. According to the national policy, loans only have loan interest, without which

Second, for bank loans, banks charge an annual fee of 1% of the loan amount in addition to interest ...

This is not true.

third, is the student loan free?

according to the national student loan policy, students who apply for this loan do not need to pay interest during their normal study at school, but they are subsidized by the government, but they have to bear the loan interest from September 1 of the year of graduation. The national student loan interest rate shall be implemented in accordance with the statutory loan interest rate announced by the People's Bank of China and the relevant national interest rate policies, and shall not rise. The current annual loan interest rate is: one to three years (inclusive): 5.76%; Three to five years (inclusive): 5.85%; More than five years: 6.12%. It is reported that the national student loan uses the accumulated interest method, and the interest is calculated on an annual basis based on the actual number of days. Formula of product interest method: interest = cumulative interest product × daily interest rate, where cumulative interest product = total daily balance of the account. The value date is the loan issuance date of the Development Bank, and the interest settlement date is December 2th of each year (the interest settlement date in the last year of the loan is September 2th). The interest rate of student-origin credit student loan shall be the same grade benchmark interest rate announced by the People's Bank of China in the same period, and shall not rise. The interest of students during their school days is fully subsidized by the finance, and the interest after graduation is shared by the students and their parents (or other legal guardians). Interest on national student loans 1 Interest on student loans of China Development Bank 1. Interest on student loans of China Development Bank can be divided into the following two situations: 1. Interest on student loans of China Development Bank is borne by the state during the period of students' study, that is, interest is not required during the period of school; 2. Interest is collected after leaving school, and interest is not required for one-time repayment after graduation, and interest is required for installment repayment. The longest repayment period of student loans is longer than that of national student loans. To put it bluntly, the total principal and interest is larger than that of student loans, and the repayment pressure at ordinary times is heavier than that of national student loans. Student-origin credit student loan refers to the student loan issued by the National Development Bank to eligible freshmen and students in colleges and universities with financial difficulties, and handled in the county (city, district) where the students registered before entering school. The funds are mainly used for students to pay tuition and accommodation fees during their stay at school. Student-origin credit student loan is an important part of national student loan. 2. Calculation method of student loan interest of China Development Bank: loans within six months (including six months), loans with annual interest rate (%) of 5.1 for six months to one year (including one year), loans with annual interest rate (%) of 5.1 for one to three years (including three years), and loans with annual interest rate (%) of 5.5 for three to five years (including five years). Full-time college students (including vocational college students), second bachelor's degree students and graduate students with financial difficulties can apply to the handling bank for national student loans on campus through the student financial assistance department of our school. How much can students apply for a national student loan on campus every academic year? According to the relevant provisions of the national student loan policy, the loan amount per student per academic year should be the difference between the total annual income of students (including financial support from family, relatives and other channels) and the sum of tuition fees, accommodation fees and basic living standards stipulated by local authorities. The maximum amount of loans per junior college student per year is not more than 8, yuan, and the maximum amount of loans per graduate student per year is not more than 12, yuan. How is the interest rate of the national student loan in the campus regulated? The national student loan interest rate on campus shall be implemented in accordance with the statutory loan interest rate announced by the People's Bank of China and the relevant national interest rate policies. In case of interest rate adjustment, it shall be implemented in accordance with the relevant provisions of the People's Bank of China.