1, bank loan interest rate

If the borrower is a bank, the loan interest rate generally fluctuates on the basis of the central bank's benchmark interest rate. Most banks will float 10% to 30% on the basis of the central bank's benchmark interest rate, ranging from 5.4% to 6.4%.

2. Private lending institutions

If you borrow from inter-Fang Shimin lending institutions, the state also stipulates that the interest rate of private lending institutions shall not exceed four times the bank loan interest rate in the same period.

Loan interest refers to the interest expenses incurred when an enterprise borrows from a bank or other financial institution, or when an enterprise issues bonds.

According to the relevant laws and regulations, a loan contract between natural persons can be regarded as established under any of the following circumstances:

1, if paid in cash, from the date when the borrower receives the loan;

2. If the payment is made by bank transfer or online electronic remittance, the payment shall be made after the funds reach the borrower's account;

3. If the bill is delivered, the borrower shall obtain the bill rights according to law;

4. If the lender authorizes the borrower to control a specific fund account, the time when the borrower obtains the actual control over the account shall prevail;

5. The lender provides loans in other ways agreed with the borrower and actually performs them.

Legal basis:

Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases

Article 27

After the borrower and the borrower settle the principal and interest of the previous loan, the interest will be included in the principal of the later loan, and the creditor's rights certificate will be reissued. If the interest rate in the early stage does not exceed four times the market quotation of the one-year loan when the contract is established, the amount specified in the reissued creditor's rights certificate can be confirmed as the loan principal in the later stage. The overcharged interest shall not be used as the loan principal in the future.

According to the calculation in the preceding paragraph, if the sum of the principal and interest that the borrower should pay after the expiration of the loan term exceeds the sum of the interest of the whole loan term based on the initial loan principal and calculated according to the market quotation of the one-year loan at the time of the establishment of the contract, the people's court will not support it.