China Bank's personal consumption loan is a consumer-oriented loan product based on the credit status of individual customers, secured by collateral provided by customers recognized by the bank. According to whether there is mortgage or not, personal consumption loans are divided into personal mortgage consumption loans and personal pledge consumption loans; According to whether the loan amount is recoverable or not, personal consumption loans are further subdivided into personal mortgage recoverable consumer loans, personal mortgage non-recoverable consumer loans, personal unsecured pledge recoverable consumer loans and personal unsecured pledge non-recoverable consumer loans. The loan amount of individual unsecured loans is divided into two categories: the amount of credit and the amount of single use: 1. Limit of credit line: Personal unsecured consumer loans should be calculated from the following two dimensions, and the credit line should be determined by the lower one: 1, income level or assets. For employees whose wages or labor income are relatively stable, the quota should be approved mainly by the income certificate (tax payment certificate) provided by them. In principle, it shall not exceed 2 times of the borrower's annual income, and the maximum shall not exceed 3 times of the annual income. For self-employed/individual high-end customers with continuous and stable business income sources, the approved loan amount shall not exceed 70% of the average daily balance of the bank's risk-weighted financial assets [1] in the last six months (excluding pledged and frozen assets). 2. For private banking customers with customer wealth level, the upper limit of the quota shall not exceed 3 million; For wealth management customers, the upper limit of the quota shall not exceed 2 million; For wealth management customers, the upper limit of the quota shall not exceed 6,543.8+0,000; For ordinary customers, the upper limit of the quota does not exceed 500,000.
Second, the amount of single use: the single use of personal consumption loans shall not exceed 80% of the required funds shown in the proof materials of consumption purposes. 3. As there are some differences in different regions, please consult the local institutions in detail when applying for loans.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
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