First of all, you must have a permanent residence in China, a permanent residence in a local town (or a valid residence certificate), and be a China citizen with full capacity for civil conduct;

Have a legal occupation and stable economic income (monthly salary income should be above 1000 yuan), and have the ability to repay the loan principal and interest on schedule;

The borrower's unit must be an administrative department, enterprise or institution recognized by the lender, which has a good cooperative relationship with the lender. The lender must pay wages on its behalf, abide by laws and regulations, have no illegal acts or bad credit records, open a peony credit card or current savings account in China Industrial and Commercial Bank, sign an agreement with the lender to deduct the loan from its peony credit card or current savings account, and other conditions stipulated by the lender.