The loan product launched by China Postal Savings Bank for farmers and merchants (small business owners) is the postal savings micro-loan business, which belongs to personal business loans.
Small loans of Postal Savings Bank include farmers' joint guarantee loans, farmers' joint guarantee loans, merchants' joint guarantee loans and merchants' joint guarantee loans.
There are certain differences between the requirements of secured loans and secured loans:
1. The secured loan needs 1-2 natural persons with compensatory ability to provide guarantee;
2. Farmers need 3-5 farmers for joint guarantee loans, and 3 merchants need to form a joint guarantee team for joint guarantee loans.
20 18 China postal savings bank microfinance preparation materials:
1, valid ID;
2. Proof of permanent residence or valid residence, and proof of fixed residence;
3. Proof of marital status;
4. Bank flow;
5. Proof of income or personal assets;
6. Credit report;
7, loan use plan or statement
Merchants also need to provide:
(1) The original and photocopy of the business license that has passed the annual inspection; Engaged in franchising, it shall also provide the original and photocopy of the business license of the relevant administrative department;
(2) Property right certificate or lease contract of the business premises.
Loan processing flow: find guarantor-apply for outlet-submit materials-fill in application form-accept investigation-wait for approval-sign loan contract-issue loan.
At present, China Postal Savings Bank only charges a small amount of notarization fees when handling loan business. Notarization fee is the fee for evaluating the related mortgage items such as real estate provided by the lender when the lender provides loan mortgage guarantee.
This part of the cost is only a few hundred dollars, and there are clear target prices, and there will be no arbitrary charges.
Usually, when a borrower applies for a loan in China Postal Savings Bank, he needs to find a guarantor besides mortgaging the property.