The interest rate of China Merchants Bank's lightning loan is between 4.2 and 4.8 per day. The specific interest rate should be evaluated according to personal qualifications and credit information. The better the qualification, the lower the interest rate.

The loan of China Merchants Bank generally bears interest on a daily basis, and the specific interest is generally related to the amount and duration of the loan application. At present, the daily interest rate of China Merchants Bank's lightning loan is 0.042%, and the interest calculation formula is: total interest =0.042%* loan amount * loan term. Apply for a lightning loan of 654.38 million yuan. If the loan is borrowed for 30 days, the total interest is 0.042% *100000 * 30 =1260 yuan.

The interest on the lightning loan of China Merchants Bank is generally calculated on a daily basis. The daily interest rate is 0.042%, the corresponding monthly interest rate is 0.042% * 30 = 1.26%, and the corresponding annual interest rate is 0.042 * 30 *12 =15.12%.

For example, if you borrow 5,000 yuan, you need to pay interest of 2. 1 yuan every day, 63 yuan every month, and 756 yuan every year.