Term and interest rate of personal car loan:
(1) According to the credit standing of customers and the purpose of purchased vehicles, the term of personal car loan is different.
(2) Among them, if the purchased vehicle is used for rental operation, car rental and transportation operation, the longest period is 5 years, and the longest period for freight transportation is 3 years. The loan interest rate shall be subject to the loan interest rate stipulated by the People's Bank of China for the same period, and shall be allowed to fluctuate according to the regulations of the People's Bank of China.
2. Procedures for handling automobile consumption loans:
(1) is to select the car to be purchased at the bank's special dealer, sign a car purchase contract or agreement with the dealer, and then apply for a loan through the dealer.
(2) Customers directly apply for loans from bank outlets. After the guarantee procedures are implemented, customers can choose dealers to buy their own satisfactory cars.
Materials required:
1, valid personal identification.
Including identity cards, household registration books, military officers' cards, passports, and travel passes for compatriots from Hong Kong, Macao and Taiwan. If the borrower is married, proof of spouse's identity shall be provided.
2. Household registration certificate or long-term residence certificate.
Personal income certificate, family income or property certificate when necessary.
3. Certificate of intention to buy a car issued by the car dealer.
Proof of down payment for car purchase.
4. If the purchased vehicle is secured by other means other than mortgage, relevant materials for the guarantee shall be provided.
5. Including the certificate of pledge of rights, the certificate of ownership and evaluation of mortgaged real estate, and the letter of intent for third-party guarantee.
Extended data:
Application process
1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time.
2. Sign the contract. After the bank approves the application materials submitted by the borrower, both parties sign a loan contract and a guarantee contract.
Handle relevant notarization and mortgage registration procedures as appropriate.
3. issue loans. The loan approved by the bank will be directly transferred to the car dealer's account by transfer according to the contract after all formalities are completed.
4. Repay on schedule. The borrower shall repay the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract.
5. loan settlement. Loan settlement includes normal settlement and early settlement.
① Normal settlement: the loan shall be settled on the maturity date of the loan (one-time repayment of principal and interest) or the last installment of the loan (installment repayment).
② Early settlement: Before the maturity date of the loan, the borrower must apply to the bank in advance for partial or full settlement of the loan according to the loan contract, and the bank will repay the loan at the designated accounting counter after it is approved.
After the loan is settled, the borrower will retrieve the legal documents and relevant supporting documents extracted by the bank with his valid identity certificate and the loan settlement certificate issued by the bank, and go through the mortgage registration cancellation formalities with the original mortgage registration department with the loan settlement certificate.
References:
Baidu encyclopedia-loan to buy a car