The annual interest rate of this loan is 4.75%.

According to the trial calculation of the benchmark interest rate, under the condition that the interest rate remains unchanged, the repayment method of equal principal and interest is adopted, and the monthly repayment amount is 937.85 yuan.

If you are going to apply for a loan through China Merchants Bank, the loan interest rate needs to be comprehensively priced in combination with the business type, credit status, guarantee method and other factors you apply for, and can only be determined after being approved by the handling outlets.