Loan process of rural credit cooperatives

1. Fill in a loan application form in the loan business hall of the local rural credit cooperative, and fill in the basic information of yourself and your family in detail, such as name, age, family members, contact information, etc. Also specify the purpose of your loan, such as building a house, expanding production and purchasing agricultural machinery.

2. Credit cooperatives will investigate our personal credit information, family property, daily production and operation, and determine the credit line, loan term and applicable interest rate according to the survey results.

3. We determine the amount, term and repayment method of the loan according to the individual's actual situation.

4. After the final approval, go to the rural credit cooperatives to sign a loan contract and go through the mortgage formalities as required. Rural credit cooperatives will issue loans within 3 days after all procedures are completed.

How to borrow money from rural credit cooperatives

1, the guarantor must have sufficient economic strength and the ability to repay the loan instead, and must be an enterprise with legal personality, other economic organizations, individual industrial and commercial households or a natural person with full capacity for civil conduct;

2 collateral must be fixed on the ground and easy to realize, and the loan amount must be controlled within 70% of the collateral;

3. Pledges, vouchers and rights are true and clear, and bills are legal and valid.

Extended data

Letter of credit clause

I. Basic conditions

1, the business license of the enterprise as a legal person or the business license is valid;

2. Open a basic account or general account in a credit cooperative;

3. The enterprise holds a loan card issued by the People's Bank of China;

4 obey the management of credit cooperatives, truthfully provide relevant business information to credit cooperatives, and submit statements and business plans on time;

5. Having fixed business premises and facilities;

6. Sound financial management system and standardized enterprise management.

Second, policy.

1. The business activities of the enterprise comply with national laws and regulations;

2, the loan object must meet the requirements of the people's Bank of China and rural credit cooperatives credit support object;

3. There is no loan relationship with other banks and credit cooperatives. Enterprises must borrow in a credit cooperative, and there is no problem of multi-head loans;

4. Enterprises shall operate within the jurisdiction of credit cooperatives that issue loans, and shall not lend across regions.