Xinmiaodai is an online lending product launched by China CITIC Bank. It is a personal credit loan issued online by CITIC Bank to individual customers who meet the credit conditions for production, operation or consumption purposes. It is mainly targeted at China CITIC Bank's salary payment customers and AUM customers; provident fund deposit customers and social security deposit customers in areas where business has been established; real estate holding customers; and other customers that comply with our bank's regulations.

The maximum loan amount of Xinmiaodai is 300,000 yuan, and the maximum single loan period is 12 months. For high-quality customers, the single loan period can be extended to 36 months. Within the validity period of the quota (12 months), customers can initiate withdrawals on their own. After activating the instant payment (consumption payment) function, payment can be made through POS card swiping, quick payment and other methods.

When applying for a loan, users can choose to pay interest on a monthly basis and repay the principal when due (supported for loans of 12 months or less), pay monthly interest and repay the principal annually (supported for loans of more than 12 months), or equal principal and interest. , equal principal and other repayment methods. It is generally decided based on your own income.

The loans applied by users through Xinmiaodai are generally used for production and operation or personal consumption purposes as stipulated in the contract, and may not be used for other purposes such as house purchase and investment. After applying for a loan, you must repay it on time without overdue payment, because overdue interest will accrue and your personal credit score will be affected.