What is the maximum loan interest for banks stipulated by the state?

The state stipulates that the maximum interest rate of private loans is four times the benchmark interest rate of banks, depending on the specific term of the loans. For example, if you borrow for one year and the benchmark interest rate of the People's Bank of China is 6%, the maximum interest rate of private loans cannot exceed 24%, otherwise it will be illegal.

5, 7-cent interest is = 5,,7% = 35, yuan, that is, one year's interest.

The maximum interest rate for personal loans mainly depends on two aspects. The first is what kind of loans the bank you choose has, and the second is the value of your collateral (pledge).

At this stage, because the country has raised the reserve ratio, all banks are controlling loans. If you want to make personal consumption loans, it is estimated that few banks can do it, and even if you do, the interest rate is relatively high.

as for the value of collateral, if you are mortgaged by real estate, the general procedure is to find an appraisal company to produce an appraisal report first, and then multiply your appraisal price by a certain proportion to calculate your loan amount.