The interest rate of this general loan is around 8, and the interest for two years is around 1.6 million yuan.

Loan interest rate in Jiangxi Province:

Short-term loan: one year includes one year, and the annual interest rate is 35; Medium-and long-term loans: one to five years (inclusive), with an annual interest rate of 75; For more than five years, the annual interest rate is 90; Personal provident fund loan: less than five years including five years, with an annual interest rate of 75; For more than five years, the annual interest rate is 25. Rural commercial bank loan process borrowers apply for loans from banks, fill out loan application forms and submit relevant information stipulated by banks; Bank staff to investigate and review the relevant information submitted; The data passed the examination, investigation and approval; The bank signs a loan contract with the borrower, and implements the loan conditions and loan mortgage procedures; Open a bank account and the bank issues loans; The Borrower shall repay the principal and interest of the loan on schedule according to the regulations of the bank, and the Contract shall be terminated after the loan is paid off.