Short-term loans: loans less than or equal to one year with an annual interest rate of 4.35%. Medium-and long-term loans: loans with an annual interest rate of 4.75% for more than one year and less than five years; For loans with a term of more than five years, the annual interest rate is 4.90%. Personal housing provident fund loans: loans for less than five years, with an annual interest rate of 2.75%; For loans of more than five years, the annual interest rate is 3.25%.

The loan interest rate of 20 17 is the same as that of 20 15 and 20 15/October 24th 10. Since the benchmark interest rate was released by the People's Bank of China on October 24th, 20 19, there was no change until July 9th, 20 14.

20 151On October 24th, the benchmark interest rate announced by China people was the lowest since 2007, and remained unchanged until July 24th, 20 19. This shows that the People's Bank of China encourages commercial banks to carry out loan business.

In the past, merchants wanted to open branches when they had money, but they also wanted to open branches when they had no money. There is a strange phenomenon in the current business circle, that is, rich people don't want to open branches, and people without money don't want to open branches. This situation is not good for banks and is not good for their operation.

With the introduction of online loans into people's lives, many people can solve their own needs through online loans instead of bank loans.