For those who want to handle the loan business of Agricultural Bank, it is necessary to know the application conditions, process, loan interest rate, relevant materials and preferential policies in advance. So, what are the contents of these agricultural loans? Next, I will introduce it to you through Longfa Finance Network, hoping to help you.
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First, the Agricultural Bank loan application conditions
1. The borrower must be 18 years old and have full capacity for civil conduct;
2. Have full capacity for civil conduct and legal and valid identity documents;
3. Have the ability to repay the loan principal and interest;
4. Have a stable source of income;
5. Good credit status;
6. Other conditions stipulated by the Agricultural Bank.
Second, the Agricultural Bank loan interest rate
The latest lending rates of Agricultural Bank are as follows:
1. The short-term loan interest rate of Agricultural Bank within one year (including one year) is 4.35%.
2. The medium-and long-term loan interest rate of the Agricultural Bank of China for one to five years (including five years) is 4.75%, and the loan interest rate for more than five years is 4.90%.
3. The annual interest rate of individual housing provident fund loan of Agricultural Bank is% 5 years (inclusive), the loan interest rate is 2.75%, and the loan interest rate of Agricultural Bank for more than 5 years is 3.25%.
4. The loan interest rate for ethnic trade and production of ethnic articles is 1.47%.
Third, the Agricultural Bank loan application process
1. The Agricultural Bank applied for a loan and provided relevant information.
2. The bank shall review the personal qualifications and materials of the borrower.
3. After approval, the bank signs a loan contract with the borrower.
4. The bank will issue loans.
5. The borrower needs to repay the loan on time.
After applying for a loan from China Agricultural Bank, if you find it difficult to repay the loan, don't shy away. Overdue repayment or debt evasion will lead to a bad personal credit record, and you may be punished in serious cases. If it really doesn't work, go to the bank and apply to the bank for an extension of the loan period.