1, short-term loans within one year (including one year), with annual interest rate of 4.35%.

2. The annual interest rate of medium and long-term loans for one year to five years (including five years) is 4.75%, and the annual interest rate of medium and long-term loans for more than five years is 4.90%.

3. The annual interest rate of personal housing provident fund loans for less than five years (including five years) is 2.75%, and that of personal housing provident fund loans for more than five years is 3.25%.

The interest rate conversion formula for RMB business is (note: common for deposits and loans):

1, daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.

2. Monthly interest rate (‰) = annual interest rate (%)÷ 12.

Extended data

20 16 individual housing provident fund loan interest rate

(1) loan term: less than five years (including five years), and the annual interest rate of the project (%): 2.75.

(2) Loan term: more than five years, and project annual interest rate (%): 3.25.

Precautions:

1. When applying for a loan, the borrower makes a correct judgment on his repayment ability. Design a repayment plan according to your income level, leaving room appropriately, without affecting your normal life.

2. Choose the appropriate repayment method. There are two repayment methods: equal repayment method and equal principal repayment method. Once the repayment method is agreed in the contract, it shall not be changed during the whole loan period.

3. Repay on time every month to avoid penalty interest. From the month after the loan is initiated, it is generally the repayment date of the next month. Don't cause liquidated damages because of your negligence, so that banks can't apply for loans again.

4. Take good care of your contracts and IOUs, read the terms of the contracts carefully, and know your rights and obligations.