There was a loan for ten years. Installment loan is a loan that the bank allows the borrower to repay in installments within a certain period of time. The premise for banks to issue such loans is to investigate the borrower's financial situation and repayment ability, and the survey results meet the payment requirements. At the same time, the time of installment repayment, the amount of each installment repayment and the calculation of interest must be determined in the payment contract.
Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date.
Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Meaning:
Banks put concentrated monetary and monetary funds out through loans to meet the needs of social expansion and reproduction for supplementary funds and promote economic development; At the same time, it can also obtain loan interest income and increase the bank's own accumulation. In China, the principle of paid use of loans is also used to promote enterprises to improve their management; Take bank credit as an important way to allocate funds and an important economic lever to regulate the economy.
General rules:
General principles of loans, in order to standardize the loan behavior, safeguard the legitimate rights and interests of both borrowers and borrowers, ensure the safety of credit assets, and improve the overall efficiency of loan use. In order to promote the sustainable development of social economy, these General Rules are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China and the Law of People's Republic of China (PRC) Commercial Bank, and shall come into force on August 20 10/996+0.
Audit:
Loan audit refers to a special audit provided by banks to examine whether enterprises have the loan conditions and loan purposes required by banks. In the audit report, we not only expressed audit opinions on the accounting statements, but also expressed opinions on the operation and management, financial status and loan use of the enterprise. It is an indispensable basis for banks to avoid loan risks and enterprises to show their operating conditions.
What loan can be divided into 10 years?
Loans that can be loaned for more than ten years are naturally long-term loans (loans with a term of more than five years belong to the category of long-term loans), and the most important one is housing loans, with a term far exceeding ten years. When they buy a house with a loan, most of them choose a loan with a term of not 20 or 30 years.
Mortgage can be subdivided into individual commercial housing loans, individual housing provident fund loans and portfolio loans (that is, the combination of provident fund loans and commercial loans).
In addition, there are technical transformation loans, capital construction loans, equipment loans, long-term loans for agriculture, forestry and aquaculture. , mainly used for capital construction investment and fixed assets investment.
The amount of this kind of loans is very high, some can even be as high as tens of billions, and the loan period is also very long, some even as long as 50 years.
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. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.
Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Basic loan terms
Loan target: China citizens aged 18 to 60 with full capacity for civil conduct.
Loan amount: After the borrower provides the pledge, mortgage, third-party guarantee recognized by CCB or has certain credit qualification, the bank will verify the corresponding pledge amount, mortgage amount, guarantee amount or credit amount of the borrower.
The pledge amount shall not exceed 90% of the face value of the pledge right certificate provided by the borrower; The mortgage amount shall not exceed 70% of the assessed value of the collateral; The credit line and guarantee line are determined according to the borrower's credit rating.
Guarantee method: mortgage, pledge, third-party guarantee or credit recognized by CCB.
Application materials to be provided:
(1) A written document in which the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount.
(2) the guarantor's credit certification materials.
(3) Collateral appraisal report issued by the socially recognized appraisal department.
(4) Other documents and materials as stipulated by the Construction Bank.
(5) Original and photocopy of the borrower's valid identity certificate.
(6) local permanent residence or valid residence identity certificate.
(7) The borrower shall produce the income certificate issued by the employer, the borrower's tax bill and insurance policy.
(8) The pledge right required for the borrower to obtain the pledge and the amount of mortgage, the list of collateral and the ownership certificate, the written document of the owner and the property that someone agrees to pledge and mortgage.
(9) The borrower also needs to provide the bill for the hydropower property where the company is located and the bill for the hydropower property with personal address.
How much is the monthly repayment of bank loan 300 10?
The monthly repayment amount of 300,000 yuan for ten-year bank loan is calculated according to the charging standard of the lending bank. Take Bank of China as an example:
Annual interest rate of loan principal = annual interest rate. 202 1, the annual interest rate of China Bank is 4.75%, the loan is 300,000 yuan, and the annual interest is 14250 yuan. The interest for ten years is 142500 yuan;
Monthly principal repayment: 300,000 yuan/120 = 2,500 yuan;
Monthly interest payable:142500/120 =1187.5 yuan;
The monthly repayment amount is equal to the monthly repayment principal plus the monthly repayment interest: 25001187.5 = 3687.5 yuan.
10 loan installment introduction ends here.