How much can I borrow for a salary loan?
Generally speaking, the amount of wage credit loans for employees in ordinary enterprises is 4- 10 times of the monthly wage income, and that for employees in listed companies and institutions is 6- 15 times of the monthly wage income.
The maximum credit line stipulated by bank wage credit loans is 500,000 yuan, such as "comprehensive credit loans" of Postal Savings Bank and "unsecured loans" of China Construction Bank. A credit line of 500,000 does not mean a loan line of 500,000. However, in terms of monthly salary, employees in general enterprises need to borrow 500,000 yuan, with a monthly salary of at least 50,000 yuan and employees in public institutions of at least 34,000 yuan.
Of course, the amount of wage loan is not only determined by monthly wage income, but also depends on the borrower's comprehensive situation, which is related to repayment ability, liabilities and assets. In addition to this subjective factor, it is also related to the bank applying for a loan. Some banks are conservative, and the approval of wage credit loans is strict, so the loan amount will be smaller. How much wage credit loans can be borrowed cannot be generalized, and everyone and a bank are different.
The question of how much a salary loan can be borrowed is introduced here first. As for wage loans, many banks have introduced wage card loans, such as China Bank, Postal Savings Bank, Industrial Bank and Guizhou Bank. Generally speaking, there are the following requirements:
1, wage flow requirements
Different products have different income requirements, but the minimum amount is from 2000 yuan. In other words, you can apply as long as your monthly income reaches 2000 yuan. However, it should be noted that it must be a punch card salary, and basically does not accept cash salary customers;
2. Entry time
General banks are required to work continuously in their current units for more than 6 months. Therefore, those newly hired lenders can only wait for a period of time to meet this requirement before they can successfully borrow money;
3. Good personal credit
Every bank has different requirements. Generally speaking, however, the minimum requirement is no more than four overdue times in the past two years, and there is no record of overdue for one month in a row.
After reading the above introduction, I believe you have no doubt about how much salary loan you can borrow and what the salary loan requirements are. If you meet these conditions, you can go to the bank for specific consultation and choose the right product for loan.