The longest loan term of this loan is 3 years, which shall not exceed the insurance period stipulated in the personal loan guarantee insurance policy of the insurance company insured by the borrower. In this way, the loan period of the bank is related to the insurance period of the insurance.
The starting point of the loan amount is 6,543,800 yuan (inclusive), with the maximum of 300,000 yuan for consumer loans and 500,000 yuan for commercial loans. This amount is very high, but the lender must do what he can and lend within his repayment tolerance.
China Agricultural Bank's Jie Bao loan procedure is simple, as long as it relies on the insurance policy, it can apply for a loan without any other guarantee, which is not available in other bank loans. Jie Bao loan is a relatively innovative loan product, and insurance is linked to loan.
I would like to remind you that when choosing a loan, the borrower had better choose a formal loan platform or bank to avoid falling into the trap of routine loan and usury. Although some small loans are not usurious, they will be charged extra. In addition, be sure to remember to repay on time.
The above is what Bian Xiao shared with you about what the Jie Bao loan of Agricultural Bank of China means. More information can focus on the construction industry and share more dry goods.