Personal car loan: refers to the RMB loan (excluding used cars) issued by the handling bank to natural person customers for purchasing non-profit cars and taking the purchased cars as collateral. Personal auto loans issued by the handling bank directly to borrowers without cooperation with auto dealers are called direct customer personal auto loans. Among them, the auto loan issued to the borrower who has bought a car in full to replace the non-loan debt of his previous car purchase is called replacement personal auto loan. Replaceable personal car loan is a special form of direct personal car loan. Note: The specific business type, handling process and handling conditions are subject to the relevant regulations of local branches.

Personal car loan conditions:

(a) People's Republic of China (PRC) (China) citizens, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) (China) for more than one year (Hong Kong, Macao and Taiwan residents and foreigners should also designate a local resident with certain economic strength and good reputation as a contact person);

(2) He is between 18 and 60 (inclusive), has full capacity for civil conduct and holds valid identity documents;

(3) Having the household registration certificate or valid residence certificate of the place where the handling bank is located;

(four) credit records and income levels in line with the relevant provisions of the "China Agricultural Bank personal credit business management approach", and has the ability to repay the credit;

(five) the car purchase behavior is true, and can pay the down payment of not less than the prescribed proportion; For the replacement of personal car loans, all the purchase price must be paid;

Provide qualified guarantee;

(seven) before the implementation of credit business, open a current deposit settlement account or bank card account in China Agricultural Bank, and be willing to accept the credit supervision and settlement supervision of China Agricultural Bank;

(8) If only the purchased vehicle is used as collateral, the personal credit rating shall be above Grade A (general level) (inclusive); If portfolio guarantee is adopted, the first-tier branch shall determine the credit rating access standard;

(nine) within six months after the registration of a new car, you must apply to the bank for the replacement of personal car loans;

(10) Other conditions required by the handling bank.

Personal car loan process:

1. Loan application and acceptance;

2. The bank conducts investigation and approval;

3. Sign a loan contract;

4. Handling insurance, notarization, guarantee and other procedures;

5. issue loans. The loan will be issued after the mortgage registration (or notarization mortgage) formalities are completed. Consult the local Agricultural Bank in detail.

The personal car loan interest rate shall be implemented in accordance with the relevant provisions of the Measures for the Administration of RMB Loan Pricing of Agricultural Bank of China. Please consult your local Agricultural Bank for details.