1, bank application

Banks provide personal credit loan services, the loan amount is generally not as high as mortgage loans, and it is based on users' credit. So if you want to apply for a small loan, you can go to the bank to apply.

Bring your ID card, proof of residence, proof of income and other relevant information and go directly to the counter to find the staff to apply for a loan. Fill in the application form and submit the information and application form to the staff. After the bank accepts your application, it will begin to examine it. After approval, the bank will notify the applicant to sign the contract, and after signing the contract, the bank will issue the loan.

Step 2 Apply online

There are many microfinance products on the market now. If you want to apply for microfinance, you can apply directly online. However, if you apply for a small loan online, you need to pay attention. Because there are many loan products, it is inevitable that there are mixed fish and dragons. We must be careful when choosing loan products to avoid falling into the usury trap.

At present, the common online APPlication channels are: bank app, Alipay WeChat, online loan platform and so on.

Microfinance is a comprehensive consumer loan with individuals or enterprises as the core. The loan amount is generally more than 6,543,800 yuan and less than 200,000 yuan. The treatment process generally needs to be guaranteed. Microfinance is an extension of microfinance in technology and practical application. Microfinance in China: It mainly serves agriculture, rural areas and small and medium-sized enterprises. The establishment of small loan companies has rationally pooled some private funds, standardized the private lending market, and effectively solved the financing difficulties of agriculture, rural areas and small and medium-sized enterprises. At present, there are also personal micro-loans for office workers, generally at 1, 000-50000 yuan. Most of them don't need mortgage, but the credit and information review is strict.

Required procedures:

1. The borrower shall apply to the bank outlets that provide small loans. When applying, the borrower should bring ID card, proof of address, proof of stable income source and other related materials, and if it is a merchant, it should also bring a business license;

2. After receiving the lender's application, the bank will review the lender;

3 through the bank's audit and approval, signed a loan contract with the bank;

4. The bank lent money, and the lender successfully got the loan.

Conditions of the Borrower:

Borrowers applying for personal small short-term credit loans shall meet the following conditions:

1. China citizens with permanent residence in China, permanent residence (or valid residence certificate) in local towns and full capacity for civil conduct;

2. Have a proper occupation and stable economic income (monthly salary income should be above 1 000 yuan), and have the ability to repay the loan principal and interest on schedule;

3. The borrower's unit must be an administrative, enterprise or institution recognized by the lender and having a good cooperative relationship with the lender, and the lender will pay wages on its behalf;

4. Abide by laws and regulations, and have no illegal acts and bad credit records;

5. Open peony credit card or current savings account in China Industrial and Commercial Bank;

6. Sign an agreement with the lender to deduct the loan from its peony credit card or current savings account;

7. Other conditions stipulated by the lender.

Legal basis:

Article 12 of the People's Republic of China (PRC) Commercial Bank Law shall meet the following conditions for the establishment of a commercial bank:

(1) Having articles of association that conform to this Law and the Company Law of People's Republic of China (PRC);

(2) It has a registered capital meeting the minimum amount stipulated in this Law;

(3) Having directors and senior managers with professional knowledge and business experience;

(4) Having a sound organizational structure and management system;

(5) Having a business place, safety precautions and other business-related facilities that meet the requirements.

The establishment of commercial banks should also meet other prudential conditions.