Personal time deposit loan guarantee of China Bank: 1. When applying for personal deposit from the lender, the borrower must use the personal time deposit issued by the Bank of China as the pledge guarantee. The acceptable collateral for personal time deposit is personal principal and unexpired time deposit in China Bank. Products include lump-sum and lump-sum time deposits, and certificates of title for pledged time deposits include fixed-term all-in-one passbook, current all-in-one passbook, debit card and lump-sum and lump-sum time deposit certificate issued by China Bank. The handling institution may accept loan applications with time deposits opened by non-handling institutions as collateral. 2. For the business handled through online banking, the types of time deposits that can be pledged are limited to the time deposits that have been automatically transferred under the time all-in-one account (the associated medium of the account can be the time all-in-one passbook or debit card), and the deposit must be in the borrower's name, and the time all-in-one account has been associated with online banking. 3. The time deposit certificate of personal time deposit shall not be frozen in any form, including the borrower's full freezing (no account transaction), the borrower's freezing (no account transaction) and the amount freezing (no account balance is less than the agreed freezing amount). 4. For the business handled by the agent, the pledgor shall deliver the property right certificate of the pledged time deposit to the pledgee. For the business handled through online banking, the lender will freeze the time deposit pledged by the pledgor, and the pledgor does not need to deliver the title certificate. 5. The lender shall sign the applicable loan contract and guarantee contract with the borrower and the pledger, and go through the formalities of freezing and stopping payment. For the business handled through online banking, online banking will display the loan contract, and the borrower will sign it through the security authentication tool, and the pledge will be automatically frozen by the system. During the pledge period, the pledged lump-sum time deposit will bear interest at the normal deposit interest rate within the term, and the pledged time deposit with interest will bear interest normally within the term, but interest will stop.
The above contents are for your reference. Please refer to the actual business regulations.
If in doubt, please consult the online customer service of China Bank or download and use the mobile banking APP of China Bank to handle related business.
Second, the introduction of personal certificates of deposit method
Personal account holder's time deposit certificate means that the borrower takes the unexpired personal time deposit certificate issued by the bank as pledge, obtains a certain amount of RMB loan from the bank and returns it on schedule. It is formulated in accordance with People's Republic of China (PRC) Commercial Bank Law, People's Republic of China (PRC) Guarantee Law and other relevant laws and administrative regulations.
3. What are the methods of personal time deposit certificate?
1. Where a third-party certificate of deposit is used as pledge, the lender shall formulate strict internal procedures, carefully examine the authenticity, legality and validity of the certificate of deposit, and prevent the occurrence of rights defects. If the borrower applies for certificates of deposit issued to unspecified natural persons, legal persons and other organizations, the lender shall not issue loans to them. When handling certificates of deposit, the lender and the pledgor shall conclude a written pledge contract, or the lender, the borrower and the pledgor shall conclude a pledge clause in the loan contract that conforms to the provisions of these Measures. 2. The scope of deposit certificate pledge guarantee includes loan principal and interest, penalty interest, damages, liquidated damages and the expenses for realizing pledge. In principle, the amount of the certificate of deposit shall not exceed 90% of the principal of the certificate of deposit (the deposit shall be calculated by converting the purchase price of foreign exchange (paper money) announced on the same day into RMB). Banks can also reasonably determine the loan amount according to the scope of the deposit certificate pledge guarantee, but the deposit certificate amount should cover the loan principal and interest. The term of the certificate of deposit shall not exceed the maturity date of the pledged certificate of deposit. If multiple certificates of deposit are pledged, the loan term shall be the one closest to the maturity date, except for loans issued by installments.
4. Does the bank have a loan time deposit?
Personal time deposit in China Bank refers to the loan business in which the borrower takes the unexpired personal principal and time deposit in his name as pledge to obtain a certain amount of RMB loan from the bank and repay the loan principal and interest on schedule. 1. Loan object: The loan object of personal time deposit is a natural person with full civil capacity. Second, the borrower's conditions: (1) The borrower who applies for personal time deposit through institutions at all levels shall meet the following conditions: 1, a natural person with full civil capacity; If it is a natural person over the age of 16 and under the age of 18, it is necessary to submit a certificate that labor income is the main source of income; 2. If the borrower is a foreigner, a stateless person and a resident of Hong Kong, Macao and Taiwan, he shall have lived in People's Republic of China (PRC) for one year and have a fixed residence and occupation; 3. Hold my valid ID card; 4. Holding an unexpired time deposit certificate issued by China Bank; 5. Other conditions stipulated by laws, regulations, regulatory provisions and lenders. (2) Borrowers who handle personal time deposits through online banking must meet the following conditions at the same time: 1, China citizens aged 18; 2. Register and open the bank's online banking wealth management version or VIP version service through the business counter; 3. Hold a fixed-term all-in-one account opened by our bank, which has been linked to online banking, and there is a lump-sum time deposit with "effective" status and automatic rollover under the account; 4. Other conditions stipulated by laws, regulations, regulatory provisions and lenders. Three. Open channels: You can handle personal time deposits through handling agencies or online banking. 4. As there are some differences in different regions, please consult the local institutions in detail when applying for loans.