Agreement on the loan term of listed equity pledge: the loan term shall be determined by the borrower and the borrower through consultation and agreed in the loan contract; However, the longest term of self-operated loans generally does not exceed 65,438+00 years, and those that exceed 65,438+00 years shall be reported to the People's Bank of China for the record.

legal ground

Article 8 of the general rules for loans

Short-term loans, medium-term loans and long-term loans:

Short-term loans refer to loans with a loan term of 1 year (inclusive).

Medium-term loans refer to loans with a loan term of more than 1 year (excluding 1 year) and less than 5 years (including 5 years).

Long-term loans refer to loans with a loan term of more than 5 years (excluding 5 years).

Article 11

Loan term:

The loan term shall be determined by the borrower and the borrower through consultation according to the borrower's production and operation cycle, repayment ability and the lender's capital supply ability, and shall be specified in the loan contract.

Generally, the term of self-operated loans shall not exceed 65,438+00 years, and those exceeding 65,438+00 years shall be reported to the People's Bank of China for the record.

The longest discount period of bill discount shall not exceed 6 months, from the discount date to the maturity date of the bill.