It is understood that the interest rate of personal credit loans is generally around 2% per month. Of course, the specific interest rate depends on the relevant policies of the lending bank. For example, the current monthly interest rate of unsecured personal loans of Standard Chartered Bank is 1.75%-2.05%, while the interest rate of happy unsecured credit loans of Citigroup is 8.8% per annum. In addition, the interest rate of personal credit loans will fluctuate according to the qualifications of borrowers. For example, Standard Chartered Bank can enjoy a minimum monthly interest of 1.35%. However, the corresponding loan interest rate of Citibank fluctuates greatly, generally around 15%.
Let me introduce the unique service features of personal credit loan of Ping An Bank to you. Recently, Ping An Bank will launch an "insurance+bank" personal credit loan-"Ping An Easy Loan". According to the requirements of Ping An Bank, individual customers can obtain unsecured loans from Ping An Property & Casualty Insurance, with the maximum loan amount of 1.5 million yuan and the loan term of 6 months, 1 month, 1.8 months and 24 months respectively. It will arrive in a day. Ping An's premium for credit guarantee insurance depends on the loan amount, loan term and personal credit. The premium collection standard is basically between 10%-20% of the loan amount, and the loan interest rate is consistent with the benchmark interest rate. Because there is no need for customers to provide collateral, the risk of credit loans is greater than other mortgage loans. Therefore, Ping An Bank adopts the mode of "guarantee insurance" to develop its business. In the event of bad debts, all losses of the bank will be "paid" by the insurance company. In addition, borrowers can also use China Ping An One Account to complete the loan procedures online, and they can also check the balance details of their different bank accounts at any time and place to conduct different banking business.