The bank loan is 240,000 yuan, and the loan period is 36 months. The loan interest rate 13.2% is on the high side. The benchmark interest rate of the central bank's three-year loan is 4.75%. However, when applying for a loan, the real interest rate will rise. Generally, the highest interest rate of bank loans is around 18%, and most of them can apply for loans with an interest rate of around 7.2%.