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Is Shanghai Rural Commercial Bank Xin e-dai an online loan?

Shanghai Rural Commercial Bank Xin e-dai is an online loan.

Shanghai Rural Commercial Bank Xin e-dai is an Internet loan product launched by Shanghai Rural Commercial Bank, which belongs to the category of online loans. This product adopts a purely online application method, does not require providing collateral, has a high loan limit, and supports flexible repayment methods that can be borrowed and repaid at any time. As an online loan product, Shanghai Rural Commercial Bank Xin e-dai uses Internet technology and online platforms to provide borrowers with convenient loan application and borrowing services. Borrowers can complete the loan application through the online application process and receive financial support after approval.