Borrowers take their cars to the bank to apply for a loan. General borrowers apply for vehicle mortgage loans. The general process of vehicle mortgage loan is: the lender prepares relevant loan materials and applies for a loan. The lending institution shall review the loan application and related materials submitted by the lender. After the data is approved, the two parties sign a contract and the lending institution issues loans to the lender.
The following is the detailed process of vehicle mortgage loan:
1. Submit the application. The borrower prepares the information needed for the vehicle mortgage loan in advance and applies for a loan from the lending institution.
2. After receiving the application, the lending institution will take photos for the staff to visit and investigate the borrower and estimate the value of the mortgaged vehicle.
3. The borrower makes a preliminary estimate of the loan amount according to its own investigation results and vehicle estimation results.
4. The borrower signs a loan contract with the lending institution, and goes through notarization procedures with the relevant departments.
5. Relevant documents of the borrower shall be kept by the borrowing institution.
6. The borrower shall go to the vehicle management office for vehicle mortgage registration.
7. After completing the prescribed procedures, the borrower will transfer the loan to the bank account specified in the loan contract.
In addition, borrowers should pay attention to the following matters when applying for vehicle mortgage loans: many vehicle mortgage loans can provide unsecured mortgage methods. If you choose this mortgage method, the borrower can get a loan only by the relevant documents of the mortgage car. After installing the GPS device, the borrower can still use the car normally.
If I have a car, can I get a loan from the bank? I need to borrow 40 thousand yuan.
At present, bank loans can only be mortgaged with real estate licenses.
3. Can a private car get a loan from the bank?
Can I get a car loan from the bank?