It takes about 3-7 working days to review the general loan application materials. After the bank agrees to the loan, it will take about 15 working days to handle the transfer and mortgage procedures, so the final loan may take more than one month. The time from loan approval to lending will be different in different periods.

Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. The simple and popular understanding is to borrow money with interest.