Bank of China lpr conversion loan type:

The applicable benchmark interest rate for your Bank of China loan is the People's Bank of China floating interest rate, the loan currency is RMB, and the loan product is not an entrusted product. The specific product As follows:

1. Housing: Bank of China personal first-hand housing loans, personal second-hand housing loans, and self-built housing loans.

2. Inclusive category: Bank of China personal commercial housing loans, national student loans, personal commercial student loans, personal business loans, entrepreneurial guaranteed loans, poverty alleviation small loans, and personal operating vehicle loans.

3. Consumer categories: Bank of China car loans, personal unsecured revolving loans, personal secured revolving loans, pledged loans, joint automobile loans.

Warm reminder:

1. Fixed-rate loans whose interest rates remain unchanged during the contract period do not need to be converted. For example, for Bank of China personal pledge loans, Bank of China E-loans, Suixinzhi loans and other products, the interest rates remain unchanged during the contract period, and there is no need to reprice, and there is no need to change the pricing basis.

2. Provident fund personal housing loans (including the provident fund portion of package loans) do not need to be converted.

3. For existing floating-rate loans that are in the last repricing cycle, conversion or not will have no impact on the principal and interest repayment of the loan. You can choose not to convert.

(Answer time: June 13, 2023)

The above content is for your reference, please refer to the actual business regulations.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GOAPP to handle related businesses.