Loan deposit refers to the behavior that a financial institution collects a certain amount of money from the borrower in advance according to a certain proportion of the loan amount before the loan is issued, and pays this part of the deposit before the loan is issued.
Legal basis: The borrower has the right to withdraw and use all the loans agreed in this contract in accordance with Paragraph 2 of Article 18 of the General Rules for Loans. If financial institutions implement the loan pre-deposit system, resulting in a decrease in the total amount of loans actually obtained by borrowers, which can not meet the urgent needs of borrowers for funds, it is an infringement on the legitimate rights of creditors.