What is the process of bank loan?

Bank loan approval process: 1. Contact. Either the customer proposes to the bank, or the account manager takes the initiative to come to the door. In short, the first step is for the customer to make preliminary contact with the bank to indicate their financing needs. 2. Pre-loan investigation. After contact, the bank will start a pre-loan investigation and collect relevant information, including basic information about the customer, basic information about affiliated companies, basic project information, development prospects, policy or industry environment, information about the intended guarantor or property, etc. 3. Plan negotiation. 4. Loan review. After discussing the plan and writing the investigation report, all business information will be handed over to the risk control department for review. 5. Loan review meeting (not necessary): For some projects that are relatively large, or have special business, or have special management requirements, a loan review meeting will be held for collective review. 6. Loan approval: After the risk control review (review by the loan review committee) is passed, the business needs to be submitted to the authorized person (usually the president or authorized deputy president, some banks have independent approvers) for approval. 7. Sign the contract and go through the procedures: After the approval is passed, the customer and the bank sign the relevant contract, complete the mortgage and other procedures, and then you can wait for the loan. 8. Loan review: 9. Post-loan management 10. Recovery: The loan expired, the principal and interest were recovered on time, a business ended successfully, and everyone breathed a sigh of relief.

Bank loan process and conditions

Bank loan procedure:

1. Loan application. The borrower applies for a loan to a local bank.

2. Credit rating assessment. Banks evaluate borrowers' creditworthiness.

3. Loan investigation. The bank investigates the borrower's legality, safety, profitability, etc.

4. Loan approval. Banks review and approve loans based on a loan management system that separates loan review from loan review and provides graded review and approval.

5. Sign the contract. The bank signs a loan contract with the borrower.

6. Loan disbursement. The bank issues loans on time according to the loan contract.

7. Post-loan inspection. The bank conducts follow-up investigations and inspections on the borrower's execution of the loan contract and the borrower's operating conditions.

8. Loan repayment. When the loan matures, the borrower must repay the principal and interest of the loan in full and on time. If he wants to extend the loan, he should submit a loan extension application to the bank before the loan maturity date. Whether to extend the loan is decided by the bank.

Conditions for applying for bank loans:

1. Natural persons aged 18 to 65 years old;

2. The actual age of the borrower plus the loan application period Should not be over 70 years old;

3. Have a stable career, stable income, and the ability to repay the principal and interest of the loan on time;

4. Have good credit, no bad records, and the loan purpose is legal;

5. Meet other conditions stipulated by the bank. If you meet the above conditions, you can apply for a loan at a local bank.

When borrowers choose a repayment method, they should make a comprehensive decision based on their repayment ability and loan term. If the loan term is less than one year, you can consider one-time repayment of principal and interest. If it is more than one year, and you have high income and strong repayment ability, you can consider equal amounts of principal. If you have average repayment ability, you can consider equal amounts of principal and interest.

Loan approval process

Loan approval process: 1. Prepare relevant procedures, generally including: loan application, customer’s ID card, household register, income certificate, and marital status certificate and other materials. 2. Submit an application to the bank, go to the bank or a law firm entrusted by the bank to submit relevant information to the bank, and after the client pays various fees, the client needs to sign a loan contract with the bank, which serves as a legal document binding both parties. 3. Before the bank approves the loan, the law firm entrusted by the bank will first conduct a preliminary review of the customer's application. If it is qualified, the bank will conduct the final loan approval; if the review is unqualified, the bank will return the customer's relevant information and explain to the customer. Condition. 4. Complete other legal procedures. 5. Bank lending. Article 11 of the "Interim Measures for the Administration of Personal Loans" Article 11 Personal loan applications shall meet the following conditions: (1) The borrower is a citizen of the People's Republic of China with full capacity for civil conduct or an overseas natural person who complies with relevant national regulations; (2) The purpose of the loan is clear and legal; (3) The loan application amount, term and currency are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no major bad credit record; (6) Other conditions required by the lender.

How are bank loans reviewed? Will go through these processes!

When many people are in urgent need of money, they will immediately choose bank loans to solve the problem. As a borrower, you only need to provide your personal information to the bank and wait for the bank's review. So how does the bank review it?

1. Qualification review of the borrower

Verify the borrower’s permanent residence and identity certificate; whether he has a stable source of income and whether he can repay the principal and interest of the loan on time; whether he is recognized by the bank The collateral, whether there are any fixed assets in the name; whether there is a personal bad credit record.

2. Conduct pre-loan investigation and write investigation report

Pre-loan investigation is a comprehensive evaluation of the customer's overall credit status, loan risk status, etc., and ultimately forms a comprehensive review of the loan. Evaluation opinions include personal basic situation investigation, personal credit status investigation, personal asset and liability investigation, personal loan purpose and repayment source investigation, and guarantee method investigation. The investigation report is a "Pre-loan Questionnaire" filled out by the investigators after sorting out and analyzing the investigation results. It contains the methods used in the pre-loan investigation; personal loan application status, repayment ability, repayment willingness guarantee and other investigation opinions.

3. The reviewer conducts the loan review

The review content includes whether the application materials are in compliance and whether the contents filled in the application approval form are complete; the "Pre-loan Investigation" issued by the pre-loan investigator "Table" and "Personal Customer Credit Evaluation Report" are objective and detailed.

4. Relevant departments conduct loan approval

The main content of the approver includes whether the borrower meets the conditions for granting; whether the purpose of the loan complies with relevant credit regulations; whether the loan term, amount, and interest rate comply with Loan regulations; whether loan risk prevention measures are legal and effective; whether the borrower's credit rating and loan recommendations are valid.