What is the national bank loan interest rate?

As of December 2019, the People's Bank of China stipulates that the benchmark interest rate for short-term loans within one year (including one year) is 4.35, and for medium- and long-term loans The interest rate for one to five years (including five years) is 4.75, and the interest rate for more than five years is 4.9; the personal provident fund housing loan for less than five years (including five years) is 2.75, and the interest rate for more than five years is 3.25.

my country’s interest rates are uniformly managed by the People’s Bank of China. The bank loan interest rate refers to the benchmark interest rate set by the People's Bank of China. The actual contract interest rate can fluctuate within a certain range based on the benchmark interest rate. The loan interest rates of different banks and different regions will be different.

Extended information

As of December 2019, the current benchmark interest rate for demand deposits is 0.35, the three-month time deposit interest rate is 1.1, and the six-month time deposit interest rate is 1.3. The one-year time deposit interest rate is 1.5, the two-year time deposit interest rate is 2.1, the three-year time deposit interest rate is 2.75, and the five-year time deposit interest rate is 2.75. On this basis, each bank can make adjustments according to its own circumstances.

Take the Agricultural Bank of China as an example. The time deposit interest rates of the Agricultural Bank of China in 2019 are as follows: three-month interest rate: 1.43; six-month interest rate: 1.69; one-year interest rate: 1.95; two-year interest rate: The one-year interest rate is 2.73; the three-year interest rate is: 3.30; the five-year interest rate is: 3.58. (As of December 8, 2019)