It is said that Xinyidai is a loan issued to salaried people with continuous and stable salary income or self-employed people with continuous and stable business income. Do you know what type of loan it is? If not, this article will be very helpful to you.

What kind of loan is Xinyidai?

Xinyidai is an unsecured credit loan issued by Ping An Bank specifically for people with stable and continuous salary income. The monthly salary income is used as the basis for judging the loan amount and is used for personal consumption. It is an unsecured product, and the loan can be used for the purchase of housing and other legal consumption or business. However, the loan funds must not enter the securities market or be used for equity investment in any form, and must not be used for purposes expressly prohibited by the state or Restricted business activities shall not be used for real estate project development and personal home purchase (including down payment for home purchase).

Applicants must meet the application conditions before they can apply, but the conditions for people in different regions to apply for a new loan are different. For example, the application age for people living and working in Beijing, Shanghai, and Tianjin should be 23 If you are between 1 and 55 years old, you only need to provide a second-generation ID card, proof of income, proof of employment, and proof of loan purpose. The loan amount ranges from RMB 10,000 to RMB 500,000 and will be adjusted according to personal circumstances. The loan amount is mainly determined based on the applicant's income and credit status.

The above is the product introduction of Xinyidai loan, I hope it will be helpful to everyone.