Requirements for bank loans:

(1) Persons who have reached the age of 18, have full capacity for civil conduct, have permanent residence for urban residents or hold valid identity cards, and the age of the lender required for bank loans is generally between 18-60;

(2) have a stable legal income and the ability to repay interest;

(3) Other conditions required by the lending bank.

Second, what is the renovation loan process of ABC?

1. Customer applies for home improvement loan.

2. ABC investigates the authenticity of the loan.

3, China Agricultural Bank to review and approve the application materials.

4. The borrower signed a loan contract with the Agricultural Bank of China.

5. The borrower signed a supplementary agreement with the Agricultural Bank of China.

6. The Agricultural Bank of China issues loans.

7. The borrower repays the loan principal and interest in the agreed way.

8. Go through the loan settlement procedures.