List of loan interest rates of Bank of China in 2022
List of benchmark interest rates for bank loans of China in 2022
Project annual interest rate%
benchmark interest rate
I. Short-term loans
Within one year (including one year) 4.35
Second, medium and long-term loans
One to five years (including five years) 4.75
More than five years 4.90
Three. The annual interest rate of individual housing provident fund loans is%.
Less than five years (including five years) 2.75
More than five years 3.25
Note: The interest rates in this interest rate table are for reference only, and the details are subject to the notice of the business outlets.
Requirements for loan conditions of Bank of China
There are different types of bank loans in China, and the application conditions for different types of loans are also different. Taking the personal credit loan of China Bank as an example, the following conditions need to be met:
1. The borrower has a fixed residence in China and a fixed residence in a local town, and is a citizen of China with full capacity for civil conduct;
2. The borrower has a stable job and income, and has the ability to repay the loan principal and interest on schedule;
3. The borrower is law-abiding and has no illegal acts and bad credit records;
4. The borrower opens a personal settlement account in China Bank;
5. Meet other conditions of China Bank.
Reference interest rate of RMB loans of China Bank in 2022
20 15 10 will be implemented on124 October.
Annual interest rate of the project (%)
I. Short-term loans
Within six months (including six months) 4.35
Six months to one year (including one year) 4.35
Second, medium and long-term loans
One year to three years (including three years) 4.75
Three to five years (including five years) 4.75
More than five years 4.90
Three, personal housing provident fund loans
Less than five years (including five years) 2.75
More than five years 3.25
List of bank loan interest rates in 2022
The central bank will formulate major policies every year and will also liberalize the benchmark interest rate for deposits and loans. The major banks only use this as a reference to formulate new loan interest rates in combination with their respective banks' conditions. All, different banks have different loan interest rates. The following is a list of bank loan interest rates in 2022.
Bank loan interest rate table 2022
1. central bank: the interest rate is 4.35% for six months (including six months of bright study), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years), 4.75% for three to five years (including five years) and 4.9% for more than five years.
2. ICBC: the interest rate is 4.35% for six months (including six months), 4.35% for six months to 1 year (including 1 year), 4.75% for 1 to three years (including three years) and 4.75% for three to five years (including five years).
3. Agricultural Bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years) and 4.75% for 3 to 5 years (including 5 years).
4. China Construction Bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years), and 4 for 3 to 5 years (including 5 years).
5. Bank of China: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years) and 4.75% for 3 to 5 years (including 5 years).
6. Bank of Communications: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years) and 4.75% for 3 to 5 years (including 5 years).
7. China Merchants Bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years) and 4.75% for 3 to 5 years (including 5 years).
8. China CITIC Bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to 1 year (including 1 year), 4.75% for 1 to three years (including three years) and 4.75% for three to five years (including five years).
9. China Everbright Bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years) and 4.75% for 3 to 5 years (including 5 years).
10, Shanghai Pudong Development Bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years) and 4.9% for three to five years (including five years).
1 1, deep development: 6 months (including 6 months) interest rate 5.6%, 6 months to 1 year (including 1 year) interest rate 6. 15%, 3 to 5 years (including 5 years) interest rate 6.4.
12, Ping An Bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years), 4.75% for three to five years (including five years) and 4.9% for more than five years.
13, China guangfa bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years), 4.75% for three to five years (including five years) and 4.9% for five years and above.
14, Huaxia Bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years), 4.75% for three to five years (including five years) and 4.9% for more than five years.
15, Minsheng bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years), 4.75% for three to five years (including five years) and 4.9% for more than five years.
16, Industrial Bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years), 4.75% for three to five years (including five years) and 4.9% for more than five years.
17, Bank of East Asia: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years), and 3 to 5 years.
18, Bank of Beijing: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years), and 3 to 5 years.
19, China Postal Savings Bank: the interest rate is 4.35% for six months (including six months), 4.35% for six months to one year (including one year), 4.75% for one to three years (including three years) and 4.9 for three to five years (including five years).
20. Dezhou Bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years), and 4 for 3 to 5 years (including 5 years).
This article mainly focuses on the knowledge points of the list of bank loan interest rates in 2022, and the content is for reference only.
List of loan interest rates in 2020
In 2020, the state stipulated that the benchmark interest rate of ordinary commercial loans should be 4.35% within one year (including one year), 4.75% from one year to five years (including five years) and 4.9% for more than five years.
The loan interest rate refers to the ratio of interest amount to principal amount during the loan period. China's interest rate is managed by the People's Bank of China, and the determined interest rate is implemented after being approved by the State Council.
The loan interest rate directly determines the profit distribution ratio between the borrowing enterprise and the bank, thus affecting the economic interests of both borrowers and lenders. The loan interest rate varies with the types and duration of loans, and it is also related to the scarcity of borrowed funds.
The loan interest rate is the main basis for the parties to the loan contract to calculate the loan interest, and the loan interest rate clause is the main clause of the loan contract. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China.
The interest rate of bank loans ranges from 20 19 to 202 1
China People's Bank Loan Interest Rate Table 20 19, China People's Bank Loan Interest Rate Table 202 1 latest edition.
The interest rate of short-term loans (less than one year) is 4.35%, and the principal and interest will be repaid in installments during the loan period. The loan interest rate for one year to five years (inclusive) is 4.75%, and the short-term loan interest rate for one year to five years (inclusive) is 4.75%.
The interest rate of short-term loans (less than one year) is 4.35%, and the principal and interest will be repaid in installments during the loan period. The loan interest rate for one year to five years (inclusive) is 4.75%, and the loan interest rate for one year to five years (inclusive) is 4.75%.
The interest rate of short-term loans (within one year and one year) is 4.35%. For medium and long-term loans, the loan interest rate for one year to five years (inclusive) is 4.75%.
1.20 19 The lending rates of major banks fluctuate on the benchmark interest rate of the central bank. The benchmark interest rate of the central bank is: the interest rate of short-term loans (within one year) is 4.35%. Medium and long-term loans. The loan interest rate for one year to five years (inclusive) is 4.75%. The loan interest rate for more than five years is 4.90%. Housing provident fund loan. The interest rate for loans with a five-year term or less is 2.75%. The loan interest rate for more than five years is 3.25%.
2. Four common calculation methods of bank loan interest: simple interest method and simple interest method mean that during the loan period, the interest is calculated only according to the loan principal on the agreed interest collection date, and the interest not received in the previous period is not used as the basis for the current interest calculation. Commercial banks in China use simple interest method to collect loan interest. The calculation formula is: interest = loan principal × loan daily interest rate × loan days.
3. Compound interest method The compound interest method means that if the interest of the previous period is not received on the agreed interest collection date within the loan term, the interest of the previous period should be included in the principal as a new interest base, and interest should be collected on this basis. Compound interest is commonly known as "rolling interest". The calculation formula is: principal and interest = loan principal× (1interest rate) n power, and interest = principal× [(1interest rate) n power-1].
4. Discount method refers to the method that the commercial bank deducts interest from the principal in advance when issuing loans, and the borrower repays the principal and interest in installments at maturity. Commercial banks usually use this method when discounting commercial bills for customers. The calculation formula is: interest = loan principal (or face value) × loan days × discount date interest rate.
5. Amortization of principal and interest refers to a method of repaying principal and interest regularly within the loan term. This law is applicable to housing mortgage loans and other loan projects with large amount and long term.
Within one year, including one-year short-term loans, the central bank's benchmark interest rate is 4.35%; For one to five years, including five-year medium-term loans, the benchmark interest rate of the central bank is 4.75%.
The above information is about the latest version of China People's Bank loan interest rate table 20 19 and China People's Bank loan interest rate table 202 1.