2. The loan interest is paid monthly or quarterly; The discount is a one-time deduction from the face value of the loan.
There are many loan terms, including short-term, medium-term and long-term. Because the longest bill is 6 months, the discount loan cannot exceed the maturity date of the bill.
4. The general loan approval process is complex, which is related to the borrower's assets and liabilities and profitability; The discount procedure is relatively simple, as long as the bill is verified to be true, the requirements for the borrower are not high.
I. Loan business
Loan business is the most important asset business of commercial banks. Recover the principal and interest by lending, and make a profit after deducting the cost. Therefore, credit is the main means of profit for commercial banks.
Second, personal business loans.
1, quota application, recovery.
According to your operation, credit standing and collateral status, the maximum loan amount is approved, and the loan amount can be recycled within the validity period of the credit amount.
2, withdraw money at any time, and the procedure is simple.
After you get the quota, within the validity period, if you need loan funds for production and operation, you only need to fill in the loan issuance form at the handling outlets.
3. Repay in advance, free of charge.
4. Real estate guarantee and high loan amount.
For mortgage of real estate, the maximum loan is 6,543,800 yuan+0,000 yuan.
Loan target: individual industrial and commercial households, sole proprietorship enterprises, partners of partnership enterprises and shareholders of limited liability companies;
Credit line: up to 6,543,800 yuan;
Guarantee method: real estate mortgage (the real estate of the borrower and his spouse or immediate family members can be mortgaged);
Three. Discount business income and cost
1. The income from bill discount business is discount interest. When the discount amount of bills is fixed and the discount period is fixed, the amount depends on the discount rate. During the period of 1996, the central bank stipulated that the discount rate would fall by 3% according to the loan interest rate of the same grade. Only the floating range is given, and it is stipulated that the discount rate shall not be lower than the rediscount rate (2. 16%), and the maximum shall not exceed the half-year working capital loan rate (floating). The discount rate is actually a market-oriented interest rate, and its level depends entirely on the relationship between supply and demand in the bill market. The rediscount rate is only used as an independent benchmark interest rate.
2. The bill business cost mainly includes rediscount interest expense, capital cost occupied by discount, business tax and additional and actual labor and expense cost.
3. Net income of bill discount business = discount interest income-rediscount interest expense-business tax and additional capital cost-manpower and other expenses.
On the premise of a certain discount scale, the expenditure of rediscount interest will increase with the increase of rediscount interest rate and decrease with the decrease of rediscount interest rate, which depends on the monetary policy of the central bank; The factors that affect the cost of capital occupied by discount include the rediscount ratio and the time interval between discount and rediscount. The longer the interval, the lower the rediscount ratio, and the more funds occupied by bill business, the greater the cost of funds occupied. The length of the time interval and the rediscount ratio depend entirely on the central bank's control over the rediscount scale. The manpower and expenses invested in bill business increase with the increase of bill business and the intensification of bill market competition.