Automobile loan conditions of Agricultural Bank of China
1. People's Republic of China (PRC) citizens, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) for more than 1 year (including 1 year) (Hong Kong, Macao and Taiwan residents and foreigners should also designate local residents with certain economic strength and good reputation as contacts);
2. At least 18 years old (inclusive) to 60 years old (inclusive), with full capacity for civil conduct and valid identification;
3. Have a local household registration certificate or a valid identity certificate;
4. The credit record, income level and credit score meet the relevant provisions of the Agricultural Bank of China and have the ability to repay loans on schedule;
5. Be able to pay no less than the down payment for car purchase and provide qualified guarantee;
6. Other conditions that meet the requirements of the Agricultural Bank.
How long is the loan term? The longest term is 5 years, of which the longest term of commercial vehicle loan is 3 years.
What is the loan amount?
Self-use car: the maximum loan amount is 80% of the car purchase price.
Commercial vehicle: The maximum loan amount is 60% of the purchase price.
How to bid?
1. Customers apply for personal car loans and submit relevant materials.
2. The bank conducts investigation, examination and approval.
3. Sign a loan contract
4. Go through the formalities of insurance, notarization and guarantee.
offer loans
Note: The specific business type, handling process and handling conditions are subject to the relevant regulations of the local branch of Agricultural Bank of China.
Million car purchase subsidy