1. Basic application requirements:

1. Chinese citizens who have a fixed residence and permanent residence or valid residence certificate in the location of the lender, and have full capacity for civil conduct;

2. The actual age of the borrower at the time of the loan plus the loan term, men shall not exceed 65 years old (inclusive), and women shall not exceed 60 years old (inclusive);

3. Have relatively fixed business projects and A certain proportion of self-owned funds;

4. Good credit;

5. Have a stable source of income and the ability to repay the principal and interest of the loan in full on time;

6. Be able to provide sufficient and effective guarantee recognized by the lender;

7. Open a personal settlement account at the handling rural cooperative medical institution.

2. Process

1. Submit application

2. Bank approval

3. Withdraw money for consumption

3. Application materials

1. Credit business application form;

2. Basic information of the borrower, qualification documents, loan certificate (card), authorization letter, etc.;< /p>

3. The last three years and the most recent financial statements and reports audited or approved by the competent authority;

4. Project proposal, feasibility study report and approval by the competent authority Documents;

5. Loan plan and repayment source description;

6. Business contract related to the purpose of the loan;

7. Others required by the bank material.

Extended information:

1. Purpose of loan: The purpose of personal business loan is limited to the borrower’s normal capital turnover needs in the process of investment and operation. The loan shall not flow into securities in any form. Markets and futures markets shall not be used for equity investment, real estate project development, or projects that are expressly prohibited by national laws and regulations.

2. Loan interest rate: based on the loan interest rate of the same period and grade announced by the People's Bank of China, and floating within the range allowed by the People's Bank of China. The details are determined by the loan handling institution through negotiation with the borrower. .

3. Loan term: generally no more than 5 years, and no more than 10 years at the longest.

Baidu Encyclopedia-Credit Loans

Guangxi Rural Credit Cooperative-Personal Business Loans