According to the needs of their own business development, banks have different floating ratios based on the central bank's benchmark interest rate and policies. The same bank will give different interest rates according to the nature of customers' loans, customers' credit standing, repayment methods, collateral conditions and many other factors, so the actual loan interest rate is the result of negotiation with the bank.
The People's Bank of China has decided to lower the benchmark interest rates of RMB loans and deposits of financial institutions from August 26th, 20 15, so as to further reduce the financing costs of enterprises. Among them, the benchmark interest rate for one-year loans of financial institutions was lowered by 0.25 percentage points to 4.6%; The benchmark interest rate for one-year deposits was lowered by 0.25 percentage point to1.75%; The benchmark interest rates for loans and deposits of other grades and the deposit and loan interest rates for individual housing provident fund shall be adjusted accordingly. At the same time, the floating upper limit of interest rates for time deposits of more than one year (excluding one year) will be liberalized, while the floating upper limit of interest rates for demand deposits and time deposits of less than one year will remain unchanged.
For example, a three-year loan of 6,543,800 yuan+0.5 million yuan, calculated at the benchmark interest rate, has interest of:
150000 yuan *5%*3 years =22500 yuan.