Agricultural machinery cooperatives do not qualify for loans, so if they lend to their members, they can only use the funds raised by cooperative members to lend, and the interest shall not be higher than 4 times the national loan interest rate for the same period. It is illegal for agricultural machinery cooperatives to absorb funds from the public outside their members.

2. Can agricultural cooperatives apply for loans? How much can I borrow?

You can apply for a loan, and the amount is determined by your personal qualifications.

Loan application conditions:

1, if you want to have a fixed income, it depends on the salary details;

2. At least 18-65 years old;

3 loans for business or car purchase, there must be a guarantor and mortgage;

4. Good credit information.

Loan application materials:

1. Lender ID card;

2. The credit information of the lender in the past six months, and the credit information is good;

3. The bank card under the lender's name has been flowing for nearly half a year without interruption;

4. The lender's residence certificate (rental contract, real estate license, water and electricity invoices for the last three months);

5. Income certificate issued by the lender's work unit;

6. Social security, insurance policies and provident fund can also be loaned on a monthly basis.

If you want to borrow a higher amount, you can do mortgage loans, such as houses and cars.

3. How many loans can an agricultural cooperative apply for?

This application for a loan is not small, it depends on your personal qualifications.

4. What are the conditions for rural credit cooperatives to lend 50,000 yuan?

Micro-credit loans are generally 1 to 3 years, and some can be loaned for 5 years.

Application conditions: 1,1Chinese mainland residents over 8 years old; 2. Have a stable address and work or business place; 3. Have a stable source of income; 4. Without a bad credit record, the loan cannot be used for stock trading or gambling. 5. Other conditions required by the bank. Processing flow: 1. Submit an application to a local bank or lending institution; 2. Prepare various materials required for the loan; 3. Face-to-face signing of banks or lending institutions; 4. The bank examines the qualifications of the lender; 5. Approved and successful loans.