Conditions for applying for loan business:

Natural persons aged 18 to 65 years old;

The actual age of the borrower plus the loan application period should not exceed 70 years old ;

Have a stable career, stable income, and the ability to repay the principal and interest of the loan on time;

Good credit, no bad records, and the loan purpose is legal;

Bank regulations other conditions.

Discounted loan refers to a special bank loan that is used for designated purposes and whose interest payments are subsidized by the state or banks. It is a preferential loan to encourage the construction of a certain cause or project. Loan interest can be fully subsidized or partially subsidized. As for the interest spread of loans, the principle of subsidizing is generally applied to those who arrange it. Subsidy loans arranged by the state are subsidized by the central government; low-interest loans agreed to be issued by the People's Bank of China are subsidized by the People's Bank of China; low-interest loans of various specialized banks are subsidized by the specialized banks themselves. How to apply for discounted loans

For individuals who meet the conditions for small guaranteed loans, the general process of applying for a loan includes four steps: voluntary application, review of recommendations, commitment to guarantee and loan issuance.

1. Voluntary application. Qualified applicants should submit a written application to the grassroots employment platform in the place of residence or business (some may directly submit to the local human resources and social security department or small loan guarantee agency), and submit relevant materials, certificates or relevant certificates.

2. Review recommendations. The human resources and social security departments will conduct a qualification review, and those who pass the review will be recommended to small loan guarantee institutions. Guarantee institutions refer to guarantee institutions entrusted to operate small loan guarantee funds in accordance with relevant regulations.

3. Commitment guarantee. The guarantee agency will review the applicants' projects in accordance with relevant regulations and handle the commitment guarantee procedures for those who meet the conditions.

4. Grant loans. For loan applicants that the guarantee agency promises to guarantee, the handling bank will sign a contract and issue the loan after approval in accordance with relevant regulations. Handling banks refer to various types of financial institutions at all levels that sign cooperation agreements with small loan guarantee institutions to carry out small guaranteed loan business.