Which bank has the lowest loan interest?

It is one of the four major banks and local supporting banks.

1. The four major banks

Among the many banks, which bank has the lowest interest rate, the interest rates of the four major banks must be relatively low compared to other commercial banks. . According to the latest loan interest rates in 2021, the lowest loan interest rate for five-year loans from the four major banks is 4.9, while for loans with a term of less than five years, the lowest loan interest rate can reach 4.75.

However, it should be noted that if you want to apply for a loan from the four major banks, the loan application threshold is still relatively high. As state-owned enterprises, the four major banks have relatively strict qualification requirements for loan applicants.

In addition to the lender’s personal credit report, other qualifications also need to comply with bank regulations.

2. Local supported banks

If the borrower cannot apply for a mortgage loan at the four major banks, he or she can choose some local banks that are supported by policies. For example, borrowers in Dalian can go to Dalian Bank to apply for a loan. As a local, Dalian Bank will usually provide some preferential loan interest rates.

And if they receive policy support, this type of bank will be better than other commercial banks in terms of loan amount and loan time.

In general, when applying for a loan from a bank, if you want to choose one with low interest rates and reliability, it is definitely right to choose the four major banks.

But lenders also need to judge based on their own qualifications. The better the personal qualifications, the higher the loan amount that can be applied for, and the lower the loan interest rate that can be applied for.

Extended information:

Interest is the fee for the use of currency within a certain period of time. It refers to the money the currency holder (creditor) receives from the borrower (debtor) for lending currency or currency capital. Reward received in hand.

Includes deposit interest, loan interest and interest on various bonds.

Under the capitalist system, the source of interest is the surplus value created by wage workers. The essence of interest is a special transformation form of surplus value and is a part of profit.

Every enterprise must borrow money from banks in the process of production and operation. How to record the loan interest.

Under the requirements of the new accounting standards, when making short-term borrowings, take short-term borrowings as an example to record the interest on the borrowings.

For example, if a company borrows money from Industrial and Commercial Bank of China, the amount is 1 million, the time is three months, and the interest rate is 9. How should the financial personnel handle it. There are several specific steps:

When a loan is obtained, it can be included as a debit in the bank deposit accounting account, with an amount of 1 million. At the same time, a credit of 1 million can be included in the short-term loan accounting account.

When interest accrues, interest can be accrued or no interest can be accrued. There are two aspects of direct payment when due.

First, if no interest is accrued, the debit side of the short-term loan can be included in the direct payment after maturity, the amount is 1 million, and the debit side included in the financial expense accounting account, the amount is 22,500 , included in the credit of the bank deposit accounting account, the amount is 1.0225 million.

Second, if you want to accrue interest on a monthly basis, when you accrue interest in the first month, it can be included in the debit of the financial expense accounting account. The amount is 7,500, and included in the interest payable or The credit amount of the accrued expense accounting account is 7,500. Taking the first month as an example, several consecutive accounting entries will be the same. When the loan interest is due to be repaid, it can be included in the debit side of the short-term loan accounting account. , the amount is 1 million, and is included in the debit side of the interest payable or accrued expense accounting account, the amount is 22,500, and is also included in the credit side of the bank deposit accounting account, the amount is 1.0225 million.

As the capital occupation cost of enterprises, interest has directly affected the level of economic benefits of enterprises. In order to reduce costs and improve efficiency, enterprises must do everything possible to reduce the amount of funds occupied, and at the same time conduct cost comparisons of various fund-raising methods during the financing process.

If enterprises in the whole society regard saving interest expenses as a common behavior pattern, then the efficiency of economic growth will definitely be improved.

Which bank has the lowest interest rate for credit loans

The credit loan interest rates of large banks are similar. The interest rates you apply for vary according to personal conditions. The following banks with low credit loan interest rates are for reference:

1. CCB Quick Loan: CCB Quick Loan is also a personal credit loan product with a relatively low interest rate. It was previously as low as 4.35, but the specific interest rate depends on the borrower’s credit, contribution, and other factors. The system performs differentiated pricing.

2. Bank of China: Bank of China e-Loan Credit Loan, the annual interest rate limit of the loan is implemented at 4.35, and differentiated pricing is carried out with reference to the specific conditions of the lender;

3. Agricultural Bank of China: Wangjie On Daixindai, the lowest annual interest rate for a newly signed one-year loan is between 4.35 and 4.5. The interest rates vary in different regions, and the pricing is also differentiated based on the qualifications of the lender.

4. Postal Savings Loan-Youker Exclusive: Personal credit loan issued by the Postal Savings Bank, starting from 1,000 yuan, up to 200,000 yuan, with an annual interest rate of 4.35-7.05, comprehensive evaluation based on the borrower's qualifications Differential interest rates are adopted, and the details are subject to the interface display at the time of application.

Extended information:

1. The current benchmark interest rate for RMB loans is:

1. Short-term loans: within 6 months, interest rate 4.35, 6 months to 1 year (including one year), the interest rate is 4.35;

2. Medium and long-term loans: one to three years (including three years), the interest rate is 4.75; three to five years (including five years), the interest rate is 4.75; five years The above interest rate is 4.90;

Personal credit consumer loans can be raised by a certain percentage based on the base interest rate.

For credit loans, the rate of increase in interest rates is very large, usually by 20% or more. The interest rates for credit loans from some larger banks and some joint-stock commercial banks are also quite different. The annual interest rate of credit loans of some major banks can be controlled between 5% and 7%, while the interest rate of credit loans of joint-stock commercial banks is likely to be higher than 10%. The former has lower interest rates, but has higher requirements for credit and qualifications. The requirements for the latter will be lower, but still much stricter than those of non-bank lending institutions.

Which bank currently has the lowest loan interest rate?

Most banks currently have the lowest loan interest rates on the market. The interest rates of China Merchants Bank, China CITIC Bank, China Everbright Bank, Shanghai Pudong Development Bank, etc. are also consistent with the central bank's loan interest rates.

1. Bank of China

According to Bank of China’s semi-annual report, the balance of loans to Bank of China’s mainland RMB customers is 5.75 trillion, with an average yield of 6.23, of which corporate loans are 3.7 trillion , the average yield is 6.49, the personal loan balance is 1.9 trillion, and the yield is 5.67.

2. Industrial and Commercial Bank of China

The semi-annual report shows that the total amount of ICBC customer loans is 10.3 trillion, with an average yield of 5.8, of which the total amount of corporate loans is 6.69 trillion, with an average yield of The rate is 6.11, the total number of personal loans is 2.8 trillion, and the average yield is 5.64. The yield is the cheapest among the 13 banks.

3. Ping An Bank

In the first half of 2014, the average loan balance of Ping An Bank in the first half of the year was 0.88 trillion, and the average yield was 7.5. The average balance of corporate loans in the first half of the year was 0.53 trillion, and the average yield was 6.51. The average balance of personal loans in the first half of the year was 0.34 trillion, flat at 9.04, and the loan prices were the most expensive.

4. Agricultural Bank of China

The Agricultural Bank of China’s semi-annual report shows that the total number of customer loans was 7.56 trillion, and the average yield in the first half of the year was 6.01, of which the average balance of corporate loans was 4.9 trillion , the average yield was 6.22; the average balance of personal loans was 2.2 trillion, and the average yield in the first half of the year was 6.02.