The interest of business license loan depends on many factors, including loan amount, loan term, loan interest rate and repayment method. Generally speaking, banks will evaluate the qualifications of borrowers according to their credit status, operating conditions, repayment ability and other factors, and determine the loan interest rate and repayment method accordingly.
Generally speaking, banks' interest rate on business license loans will be lower than ordinary consumer loans, because the risk of business license loans is relatively low, and banks also hope to attract more corporate customers in this way.
Suppose the borrower applies for a business license loan of 654.38 million yuan from the bank, the loan term is 654.38+0 years, and the annual interest rate given by the bank is 4.35%, then the interest that the borrower needs to pay is 654.38 million yuan * 4.35% = 4,350 yuan. If the borrower chooses the repayment method of equal principal, the monthly interest is 362.5 yuan, which will decrease month by month during the repayment period.
To sum up:
The interest of business license loan depends on many factors, including loan amount, loan term, loan interest rate and repayment method. Generally speaking, banks will determine the loan interest rate and repayment method according to the qualifications of borrowers. If the borrower wants to know more specific interest information, he can consult the bank or consult the official website information of the relevant bank.
Legal basis:
Article 38 of the Law of People's Republic of China (PRC) Commercial Bank stipulates: "Commercial banks shall determine the loan interest rate according to the upper and lower limits of the loan interest rate stipulated by the People's Bank of China."
Article 205 of People's Republic of China (PRC) Contract Law stipulates: "The borrower shall pay interest within the agreed time limit. If the time limit for paying interest is not agreed or clearly agreed, and cannot be determined according to the provisions of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it should be repaid at the end of each year. If the remaining term is less than one year, it should be repaid together with the loan. "