Interest-free loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them.

Among them, the interest rate is paid by the bank for free or by the government or corresponding institutions under agreed conditions.

Generally, international private commercial banks will charge a commission of about 1% for interest-free loans, including consumer bank loans for shopping or further study, which is a bank's income.

At least offset the administrative expenses, and then the bank will cooperate with the request to join credit cards or various members or open a trading account when the loan is interest-free. This is a wonderful way to expand customers.