The formal bank process is: First, the borrower needs to submit a series of materials other than ID cards to the bank, including

(1) Loan application approval form; (Lender Fill it out directly at the lending institution)

(2) Proof of residential address; (certificate issued by the neighborhood committee or invoice for water and electricity bills paid)

(3) Proof of work and income;

p>

(4) Other information specified by the bank.

Secondly, after the bank approves the application materials submitted by the borrower, the two parties sign a loan contract.

Finally, the bank issues the loan to the borrower by transfer.