No, interest-free loans need the approval of the State Council, and banks have no right to interest-free. It can only be said that the bank has received the principal of the loan and the interest has been written off from the bank's profits. This is not interest-free.

Banks are all commercial in nature, all pursuing profits, and will not make interest-free loans. The loan is interest-free, and unless the local government has a support policy and supports the designated loan object, it will be loaned to the designated department. This kind of loan is guaranteed by government departments and subsidized by the government. You can't get an interest-free loan directly from the bank. If you want to apply for an interest-free loan, you must first know whether there are relevant poverty alleviation policies in the local area.