Industrial Bank can disburse housing provident fund loans in 3 days as quickly as possible, and for general commercial loans, it takes half a month to 1 month. The approval of provident fund loans may be slower, 2 to 3 months.

Since Industrial Bank Xiamen Branch obtained the qualification to accept housing provident fund loans, it has made every effort to build a comprehensive service platform for housing provident funds. Entrusted by the Provident Fund Management Center, the housing provident fund loans issued by Industrial Bank to borrowers have the characteristics of high loan ratios, long loan terms, and the fastest loan approval time of only 3 days, which meets the financial needs of the general public to realize their dream of building a home.

According to the latest policy of the Xiamen Housing Provident Fund Management Center, when employee families apply for housing provident fund loans for the first time and for the second time, the maximum loan amounts are 1.2 million yuan and 1 million yuan respectively. In terms of interest rates, the housing provident fund loan interest rate is about 2 percentage points lower than the commercial loan interest rate in the same period - the annual interest rate for the first home for 1-5 years is 2.75%, and the annual interest rate for 5-30 years is 3.25%; the interest rate for the second home is 2.75%. 10% increase.

Extended information

Notes

1. Choose the right bank when applying for a mortgage

For lenders, if you are buying For existing or second-hand houses, you can choose your own loan bank. The service types of mortgage banks become more detailed and diverse, and the financial services available to borrowers become more flexible and diverse. From a borrower's perspective, the more options you have, the better.

2. Provide true information to the bank

For individuals, it is necessary to provide the bank with true proof of personal occupation, position, recent economic income, etc. If you exaggerate your income level, you may not only default on your repayment in the future, but also affect your integrity record by providing false materials.

3. The application amount must be within your ability

When applying for a loan, you must make an objective and correct evaluation of your current financial strength and repayment ability, otherwise it will affect your future life. level.

4. Choose the repayment method that suits you

There are currently two basic repayment methods: equal principal and equal principal and interest. Each has pros and cons. The advantage of equal principal and interest is that the lender can accurately grasp the monthly repayment amount and arrange family expenses in a planned manner; the equal principal method is suitable for people with higher incomes because of their greater early repayment pressure.

5. On-time monthly repayment

On-time repayment means that the lender must pay attention to whether there are sufficient funds in his repayment account before the monthly agreed repayment date. , to prevent yourself from being fined by the bank for breach of contract due to your own negligence. Never cause capital losses due to your own negligence, and at the same time leave a bad credit record in the bank