What are the ways of studying abroad loans? According to Bian Xiao, there are two kinds of loans for studying abroad in China Bank, one is in-kind loans, and the other is less loans and more loans. Next, 99 Loan Bian Xiao will introduce it to you.
In-kind loan is to take the house as collateral and borrow 60% of the value of the house. Get the property right certificate of the house before the loan, and apply for a loan in China Bank, with the interest of 5% per year, which will be paid off within ten years.
Borrowing less and lending more means paying a deposit of 1 10,000 to 20,000, and then the bank will give you a real estate license of around 300,000. Because some schools will look at the real estate license when they enroll, which will help you. But this money can't be moved, and interest has to be paid, so getting a visa may be risky.
The RMB loan for studying abroad is a RMB loan issued by the Bank of China to borrowers, which is used for the deposits, tuition fees and living expenses (including overseas travel expenses) required by the educated to participate in overseas university preparatory courses, universities or pursue master's and doctoral degrees. It can be divided into study abroad deposit loans before obtaining a visa to go abroad and study abroad education loans after obtaining a visa to go abroad. Among them, the study abroad deposit loan is a loan for the funds needed by the educated to study abroad.
Loan amount: in principle, it shall not exceed 80% of the total tuition and fees and living expenses required by the educated during their study in school. The minimum is 1 10,000 yuan, and the maximum is not more than 500,000 yuan.
What are the ways of studying abroad loans? The above is an introduction to Bian Xiao. It is suggested that the lender can go to the local China Bank for enquiry according to his own situation.
Second, what are the ways of loan?
There are several ways.
Commercial loan: property buyers apply for loans from banks with their purchased houses or other properties owned or owned by a third party as collateral, or third parties provide joint and several guarantee responsibilities for loans.
Provident Fund Loan: When purchasing, building or overhauling their own houses, buyers who pay the housing provident fund in full and on time apply to the housing provident fund management center for housing loans with housing provident fund as the source of funds, or a third party will provide guarantee for their loans and bear the joint and several liabilities of repaying the principal and interest.
Portfolio loan: Generally speaking, it refers to applying for commercial loans and provident fund loans at the same time, which is called portfolio loan. For example, buyers can't meet the demand for housing provident fund loans, so they can apply for commercial loans, and the total amount of the two loans does not exceed 80% of the house price. This is the so-called portfolio loan.
Extended data:
Individuals and enterprises should pay off the loans within the limit as soon as possible. In order to avoid loans overdue's repayment, so as to avoid overdue, here are several ways to prevent overdue repayment.
First, read the contract carefully.
When signing a contract, we must read it carefully. First, be sure to read the repayment date clearly at the first time and remember your repayment date. Secondly, we must read the excellent materials carefully and understand them correctly. Only by knowing the numbers in your mind can you effectively avoid overdue. Repay on schedule.
Second, make repayment by associating with your commonly used bank card.
Most people forget to repay rather than unable to repay, so they can choose to associate their own bank cards and let the system automatically deduct money. At the same time, they can fill in 2-3 days in advance of the repayment date to avoid overdue transfer.
Second, apply to the bank to extend the loan time.
If you happen to have a problem with time, I suggest you contact the bank to explain your situation and whether you can apply for long-term repayment to avoid high penalty interest.
In order to prevent loans overdue, you must remember to repay the loan, and don't let it be overdue, otherwise the overdue penalty will be much more than your loan, so you must remember to repay the loan early!