Relief loans are mainly aimed at retiring when the payment of basic old-age insurance premiums is interrupted, and they are repaid in proportion by means of government guarantee interest subsidies, bank loan payments, personal pensions, etc., so that they can retire normally when they reach the prescribed retirement age and realize a sense of security.

The implementation of insurance loans can not only help needy groups to tide over temporary payment difficulties, but also bring many needy groups back into the scope of the existing old-age insurance system, relieve their high income from old-age insurance premiums and strengthen the basic old-age insurance system for urban enterprises.

Those who join state-owned and collective enterprises to terminate labor relations and pay fees intermittently within 5 years of the retirement age of urban enterprises, and those who are unable to continue to pay old-age insurance premiums due to reasons such as laid-off and unemployment and enjoying the minimum living guarantee for urban residents.

The borrower shall, in accordance with the payment regulations of freelancers, determine the loan amount based on 60% of the average social wage of the whole province in the previous year and 20% of the total amount of old-age insurance premiums.

The benchmark loan interest rate shall be implemented during the period of guaranteed loan interest rate. In case of interest rate adjustment, it shall be implemented in accordance with the relevant provisions of the People's Bank of China.

Generally speaking, the loan term does not exceed 12 years, in which the grace period does not exceed 5 years (from the date of loan issuance to the date of enjoying the loan, it does not exceed 7 years (from the date of enjoying the pension insurance benefits to the date of loan settlement).

The borrower's loan commitment before reaching retirement age; Interest will be paid when you reach retirement age.

When the borrower reaches the required retirement age and meets the conditions for receiving treatment, the average capital will be deducted from the current loan principal and interest according to the regulations of the bank from the month of receiving the basic pension, and the balance after deduction will be paid by the loan.

After the borrower has the ability to pay the fee, he can apply in writing in advance to terminate the loan payment, and the remaining loan can be paid off in advance or in installments as agreed in the contract. During the loan period, when the pension insurance relationship is transferred, the borrower must pay off the loan first.

After the borrower receives the basic pension, the monthly repayment party can repay part or all of the loan in advance, but it must apply to the loan bank within 30 days before repayment.

If the borrower dies at work, the principal and interest of the basic old-age insurance premium paid by my loan will be repaid to the loan bank in one lump sum, and the funeral pension will be paid to the legal heir.

How to repay? If the borrower dies after retirement, the principal and interest of the basic old-age insurance premium paid by my loan will be deducted from the pension balance, and the one-time payment will be repaid by the financial risk reserve. Funeral pensions are paid to legitimate heirs.

One original and one copy of the borrower who is willing to lend and his social security card, and the person who terminates the relationship provides the unemployment registration certificate and the low-income personnel with the personnel who terminate the labor relationship, and goes through the loan qualification confirmation formalities at the enterprise employee trusteeship center of the Municipal People's Social Security Bureau. Those who meet the loan conditions shall go through the loan formalities at the loan handling bank and sign a loan agreement. Loan issuance, payment of endowment insurance premiums and other related procedures shall be handled by the enterprise trusteeship center.

2. What are the procedures for handling endowment insurance loans?

1. Endowment insurance has nothing to do with loans.

2. The loan qualification is determined by income.

3. The loan amount is also determined by the income certificate.

It's best to ask which bank card I hold.

5. Loan application: Preparation materials (ID card, bank semi-annual running account, income certificate).

3. What are the procedures for handling endowment insurance loans?

To apply for a personal basic old-age insurance loan in Hubei Branch of China Bank, the following materials shall be submitted:

(1) individual basic old-age insurance loan application;

(2) valid identification materials;

(3) Relevant insurance information issued by Jingmen Petrochemical;

(4) Insurance-related information issued by the Social Security Bureau;

(5) Professional certification materials and income certification materials; * * * Same as the repayment commitment letter;

(six) other materials that can prove the personal credit status;

(7) Other supporting documents or materials required by the lender.

The staff will approve and review the loan amount. Please consult the loan handling personnel in detail when handling.

If in doubt, please continue to consult the online customer service of Bank of China. Welcome to download China Bank Mobile Banking or pay attention to "China Bank Micro Banking" to handle business.

Bank of China online customer service: /ZIM/

Mobile banking download:/BOC15/loginpreloan.html? Locale=zh reaches retirement age, and the borrower bears the interest after meeting the conditions for collection. When the borrower reaches the required retirement age and meets the conditions for receiving treatment, the average capital will be deducted from the current loan principal and interest according to the regulations of the bank from the month when the basic pension is received, and the deducted balance will be sent to the borrower by the loan bank. After the borrower has the ability to pay the fee, he can apply in writing in advance to terminate the loan payment, and the remaining loan can be paid off in advance or in installments as agreed in the contract. During the loan period, when the pension insurance relationship is transferred, the borrower must pay off the loan first. The borrower can repay the loan on a monthly basis after receiving the basic pension. For those who have the repayment ability, they can also repay in part or in whole in advance, but they must apply to the loan bank within 30 days before repayment. If the borrower dies at work, the principal and interest of the basic old-age insurance premium paid by my loan will be repaid to the loan bank in one lump sum, and the funeral pension will be paid to the legal heir. How to repay? If the borrower dies after retirement, the principal and interest of the basic old-age insurance premium paid by my loan will be deducted from the pension balance and paid to the loan bank in one lump sum, and the insufficient part will be repaid by the financial risk reserve. Funeral pensions are paid to legitimate heirs. Borrowers who are willing to lend and one of their legal heirs need to bring their household registration book, ID card, original and photocopy of social security card, the personnel who dissolve the relationship provide the formalities for dissolving the labor relationship or the stamp of endowment insurance, and the personnel who receive unemployment benefits provide the personnel with low unemployment registration certificate and minimum living security, and go to the enterprise employee trusteeship center of the Municipal People's Social Security Bureau to go through the formalities for confirming the loan qualification. Those who meet the loan conditions shall go through the loan formalities at the loan handling bank and sign a loan agreement. Loan issuance, payment of endowment insurance premiums and other related procedures shall be handled by the enterprise trusteeship center.