I. Process of Auto Loan of CITIC Bank
1. The borrower signs a car purchase contract with the car dealer, fills in the loan application form and submits relevant materials according to the requirements of CITIC Bank;
2 bank managers or entrusted law firms to review the materials submitted by loan applicants and conduct credit investigation;
3. The bank approves and informs the borrower of the approval result;
4. The borrower shall go through the insurance and mortgage registration procedures;
5. When the bank issues loans, the borrower shall repay the principal and interest according to the loan contract.
Two. Materials to be submitted
Identity certificate (including ID card, household registration book or temporary residence permit), income certificate, marriage certificate, family property certificate, car purchase contract, down payment certificate, car purchase invoice, vehicle purchase surcharge certificate, motor vehicle registration certificate, vehicle insurance policy, etc.
Three. credit terms
The borrower is a natural person who has reached the age of 18 and has full capacity for civil conduct, and meets the following conditions:
1. Have a local permanent residence;
2. Have a stable occupation and income;
3. Good personal credit and the ability to repay the principal and interest on schedule;
4. A car purchase contract has been signed;
5. The down payment has been paid to the dealer or deposited in the bank;
6. Provide bank-approved guarantee;
7. Other conditions stipulated by the bank.
Million car purchase subsidy