How to go to the bank to apply for a loan

Legal analysis: The process of going to the bank to apply for a loan is as follows: 1. Users need to prepare relevant information; 2. The bank will investigate the credit of the lender , evaluation; the bank will also investigate the lender's loan purpose to see whether it is legal and safe; 3. The bank will review and approve the loan in accordance with regulations, then sign a contract with the borrower, and then issue the loan; 4. The bank will review the borrower's contract The implementation will be tracked and investigated. After the loan expires, users need to return the principal and interest in a timely manner.

Legal basis: Article 11 of the "Interim Measures for the Administration of Personal Loans" A personal loan application shall meet the following conditions: (1) The borrower is a citizen of the People's Republic of China with full capacity for civil conduct or meets the criteria for Overseas natural persons as stipulated by the relevant state; (2) The purpose of the loan is clear and legal; (3) The loan application amount, term and currency are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good , no major bad credit record; (6) Other conditions required by the lender.

Bank loan process

Bank loan process: 1. The applicant applies for a loan from the bank. Qualified applicants need to submit relevant information required for bank loans. 2. The bank evaluates the borrower's credit rating and verifies the authenticity of relevant information. 3. The bank investigates the borrower’s legality, safety, profitability, etc. 4. Loan approval. If the loan conditions are met, the bank will review and approve the loan amount. 5. The bank signs a loan contract with the borrower. 6. The bank issues loans on time according to the loan contract. 7. Loan repayment. The borrower needs to repay the principal and interest of the loan in full and on time as stipulated in the contract. If he wants to extend the loan, he should submit a loan extension application to the bank before the loan maturity date. The bank decides whether to extend the loan.

Legal basis: "Interim Measures for Personal Loans"

Article 11

A personal loan application shall meet the following conditions: (1) The borrower must have full civil A citizen of the People's Republic of China with legal capacity or an overseas natural person who complies with relevant national regulations; (2) the purpose of the loan is clear and legal; (3) the amount, term and currency of the loan application are reasonable; (4) the borrower is willing to repay the loan and repayment ability; (5) The borrower's credit status is good and there is no major bad credit record; (6) Other conditions required by the lender.

What are the procedures for bank loans?

1. Submit an application:

Applicants go to the bank branch counter, submit various application materials as required, and wait. Bank staff conducts review.

2. Bank review:

The bank's risk control department will review all application materials of the applicant, and those who meet the application conditions will be allowed to pass the review.

3. Sign a loan contract:

After passing the review, the bank will discuss the loan amount, repayment period, loan interest rate, etc. with the applicant, and establish the negotiation results in the form of a contract.

4. Loan disbursement:

Bank staff will transfer the loan amount to the applicant's designated account as scheduled according to the date specified in the loan contract.