First of all, borrowers need to bring relevant information to commercial banks to apply for loans. The application materials generally include: proof of identity (ID card, household registration book, marriage certificate), proof of income (format specified by the bank), and proof of credit (education certificate, real estate license, etc.). ) and so on.

Secondly, the commercial bank confirms that the information carried by the borrower is complete and meets the requirements, accepts the borrower's loan application, and reviews the relevant information provided by the borrower.

Thirdly, commercial banks review loan conditions and decide whether to provide loans according to the loan management system of independent separation of loan review and grading approval.

Then, after approval by the commercial bank, the commercial bank will sign a loan contract with the borrower.

Finally, the borrower uses the loan according to the loan contract and repays the principal and interest on schedule.

It refers to a financial behavior that the creditor (or lender) transfers the right to use funds to the debtor (or borrower).

The loan consultant pointed out that loan is a kind of credit activity that banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Centralized money and monetary funds can meet the social demand for supplementary funds through bank loans, thus expanding reproduction and promoting economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation. It refers to a financial behavior that the creditor (or lender) transfers the right to use funds to the debtor (or borrower).