It depends on which bank you buy the dealership with.

Generally speaking, ICBC, Agricultural Bank, China Construction Bank and China Bank can all lend. Where you buy a car, they will cooperate with the bank, and then you can go to which bank for a loan.

2. Can private cars be used as collateral to apply for loans from banks?

Private cars can be mortgaged, but look

3. Can ICBC use car loans?

At present, there are many ways to apply for a car loan, and the two most common methods are: personal credit loan to buy a car.

(No mortgage, no guarantee, generally you are required to have good credit and stable income 100%), and you can also buy a car (use real estate) with real estate as mortgage.

Make a mortgage). Personal credit loans to buy a car can generally be borrowed for 5 years, with a down payment of more than 30%. Real estate mortgage loans can generally be the longest to buy a car.

The loan is 5 years, and the down payment is more than 30%. The interest rate depends on your loan type and personal qualifications.

ICBC's auto loan processing channels are as follows:

1) The lender buys a car at a special automobile dealer of China Industrial and Commercial Bank, and submits relevant loan application materials. The automobile dealer

Transfer to ICBC to apply for loans;

2) After the loan investigation is approved, the bank signs a loan contract and a guarantee contract, and goes through notarization and insurance procedures. Direct customers:

1) The lender directly submits the application materials related to the auto loan to ICBC, and the bank signs the loan after the loan investigation and approval.

Payment right contract and guarantee contract;

2) The lender buys a car at the special automobile dealer of ICBC. The loan funds should be directly allocated by the bank.

Into the car dealer's account.

4. Can ICBC use a car as a mortgage?

can

Letter of credit clause

1. The borrower must have a stable job and the ownership of the local mortgaged vehicle.

2. Proof of long-term residence and work, occupation and economic income.

3, motor vehicle registration certificate, driving license, purchase tax certificate (this), car purchase invoice.

4. Insurance policy, travel tax, and relevant tax payment certificates for imported vehicles.

5. ID card (temporary residence permit or residence permit within the validity period provided by non-local account customers)

6. Other documents required by the Cooperation Organization.

Materials required:

1. has a stable occupation, and the applicant has the ownership of the local mortgaged vehicle.

2, living and working in the city for a long time, to carry out business occupation and economic income.

3, motor vehicle registration certificate, driving license, purchase tax certificate (this), car purchase invoice.

4. Insurance policy, travel tax, and relevant tax payment certificates for imported vehicles.

5. ID card (temporary residence permit or residence permit within the validity period provided by non-local account customers)

6. Other documents required by the Cooperation Organization.

The general process of vehicle mortgage loan is as follows:

1. The lending institution receives the information provided by the applicant;

2. Visit the applicant's home, investigate and estimate the vehicle value;

3. The lending institution initially sets the loan amount;

4. Handling entrusted notarization;

5. The lending institution accepts the relevant documents of the applicant;

Step 6 get a loan