If you borrow from China Merchants Bank, the maximum term of personal consumption loan is as follows: 1) The loan term plus the age of the mortgaged property shall not exceed 40 years; 2) For parking or decoration, the term shall not exceed 10 year (inclusive); 3) For the purpose of buying a car, the term shall not exceed 5 years (inclusive); 4) For the purpose of education, the term shall not exceed 8 years (inclusive); 5) For other legitimate consumption, the term shall not exceed 3 years (inclusive); 6) The maturity date of the loan shall not be later than the maturity date of the land use right corresponding to the mortgaged property. The specific term of your loan needs to be confirmed in detail when you apply to the personal loan department at the branch counter.