Conditions for bank interest-free loans:

1. Chinese citizens aged 18 to 45 years old, with full capacity for civil conduct;

2. Have a fixed Proof of residence and business premises. The proof of fixed residence can be a real estate certificate (the real estate certificate in the name of the parents is also acceptable), and the proof of business place should hold a business license issued by the industrial and commercial administration authority and a business license for related industries, indicating that it is engaged in normal production and business activities.

3. Proof of funds. Loan applicants’ investment projects require that they already have a certain amount of their own funds. This is an important condition for banks to consider whether to lend money, because the amount of a business loan generally does not exceed 70% of the total working capital required by the borrower for normal production and operation activities, as well as the purchase (installation or repair) of small equipment and franchise chain operations. .

4. Settlement account. Loan applicants must open a settlement account with the loan bank, and business income must be settled through the bank. Moreover, the purpose of the loan complies with relevant national laws and the Bank's credit policy regulations, and is not allowed to be used for other speculative investment projects such as equity interests.

5. Loan guarantee. Loan applicants need to provide certain guarantees, including real estate mortgage, deposit certificate pledge and third-party guarantee. In addition, they need to provide some information about their credit status, repayment ability and loan investment to the bank as much as possible, which will increase the integrity of the loan. degree in order to obtain a loan smoothly.

6. Good reputation and no bad records;

7. The project is in line with national industrial policies and regional economic development, and has good economic and social benefits. If entrepreneurs want to apply, they can consult with the local labor department. At present, the relevant plan has not yet been determined whether the individual will pay the interest first and then receive financial subsidies, or the government will prepay the interest. However, the financial interest subsidy is certain.

The conditions for interest-free loans from each bank are different, but the above items need to be met, and there will be more procedures. Everyone must prepare all the information before taking the loan to avoid wasting money running back and forth. time.