The first step in applying for a bank loan is for the customer to apply to the bank, and it is necessary to fill in a written application form and submit relevant materials. These materials may include personal or business identity certificates, income certificates, financial statements, business plans, etc. After receiving the application, the bank will conduct investigation and approval to evaluate the borrower's credit status and repayment ability. After approval, the two parties sign a loan contract and a guarantee contract, and go through relevant notarization, mortgage registration and other procedures as needed. Finally, the bank will issue loans to borrowers.
The conditions, amount, interest rate and term of applying for bank loans vary with banks and loan types. Different banks may have different requirements and approval criteria for loan applications. For example, personal credit loans usually consider the applicant's credit record and repayment ability, while personal consumption mortgage loans will involve the evaluation and value of collateral. The interest rate and term will also be adjusted according to market conditions and loan types.