August 25th, 2020 12 China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, China Postal Savings Bank, etc. It is announced that the pricing of personal mortgage will be unified as LPR, that is, the original benchmark loan interest rate will be converted into LPR as reference pricing, and LPR+ will be added during the conversion.

ICBC's interest rate benchmark conversion steps are as follows:

1 Download ICBC APP, click Enter and log in to your personal account.

Click on the favorite function on the home page, and then find all the functions.

3 Find the option of deposit and loan in the list of all functions, and enter the option of interest rate benchmark conversion.

4 Click the option of personal second-hand housing loan to find the list of pricing benchmark conversion contracts;

5 You can check whether there is an existing loan at present. If there is, you can directly click the one-button conversion function.

After the check is completed, you can use lpr floating interest rate to repay.

It should be noted that if there is a loan relationship with the borrower, the loan confirmation with the borrower must be completed before 24 o'clock on the day when the main borrower initiates the change, and the conversion will take effect.

Does LPR maintain the original benchmark interest rate?

Fixed LPR at the time of conversion does not mean keeping the original interest rate unchanged before conversion; If a friend wants to keep the original interest rate unchanged, he'd better go to the business hall of ICBC and ask clearly. Bian Xiao got the answer that if he wanted to keep the original interest rate unchanged, he could only apply to switch back to the original interest rate after the batch conversion ended on August 25th.