China Merchants Bank has launched a flash loan business, and you can currently apply for it through mobile banking or check whether you are eligible to apply.

1. After the flash loan is issued, cash will be released to the designated account. The funds can only be used for normal bulk consumption and transfers, and are not allowed to be invested or flowed into the stock market, real estate, etc.

2. If you hold a China Merchants Bank savings card, you can log in to mobile banking and click "My → All → Borrow → Flash Loan" to apply for a flash loan. Your specific quota will be determined based on your business situation in China Merchants Bank and can be viewed after successful application.

3. Different types of flash loans have different limit regulations. Generally, the maximum credit limit does not exceed 300,000, which is ultimately displayed on the loan page. If you have obtained the qualification for a flash loan, you can log in to the "Flash Loan" module of China Merchants Bank's mobile banking APP or online banking to check your maximum application amount. The minimum single withdrawal amount is 1,000 yuan, and the maximum amount does not exceed the quota amount, and it must be 1,000 yuan. an integer multiple of.

4. There are two types of applications for borrowing money within the flash loan limit:

(1) Loan within 15 minutes, automatically approved within 5-10 minutes, and the loan will be released immediately after approval, and you will be informed by text message Result

(2) Loan on T 1st. There will be a phone call from the nuclear power bank within 1 day to verify, and the loan will be arranged after confirming the information. If you contact the applicant 3 times but do not receive an answer, your application will be unsuccessful and you will need to apply again.

Warm reminder: If there is no automatic disbursement within 5-10 minutes, normally you have to wait for a phone review. The approval progress cannot be directly queried, and the specific approval results shall prevail.

If you are unable to apply, it is recommended that you apply according to the purpose of the loan, such as: housing loan, car loan, consumer loan, etc. This type of loan is earmarked for special purposes. If there is a China Merchants Bank in your city, you can try to apply for a loan through a China Merchants Bank outlet. The conditions and application materials required for each loan project are different. Please call the China Merchants Bank customer service hotline between 8:30-18:00 and select "3-3-9 "Enter the manual service and provide the required information for loan purpose and city details. Whether your loan application is approved or not depends on the comprehensive review results of the personal loan department of the handling bank.

(Response time: February 28, 2020. For the latest business changes, please refer to the official website of China Merchants Bank.)