The lending time is related to the loan type, and different loan types vary greatly. The fastest is the internet, which can lend money in about one to three days. Followed by large credit loans, which can be released in about ten days. The slowest is the mortgage loan, with a 40-day loan. Therefore, the lending time is affected by the loan type. I. Definition of Loan 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. A simple and popular understanding is to borrow money with interest. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation. II. III Principles The "three principles" refer to safety, liquidity and efficiency, which are the fundamental principles of loan management of commercial banks. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles." 1. Loan security is the primary problem faced by commercial banks. 2. Liquidity refers to the ability to recover the loan according to the predetermined period or realize it quickly without loss of land, so as to meet the needs of customers to withdraw deposits at any time. 3. Efficiency is the basis of sustainable operation of banks. For example, if a long-term loan is issued, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, so that there can be no problem with the loan. Three. Loan interest refers to the remuneration paid by the borrower to the lender for obtaining the right to use funds, which is the use price of funds within a certain period of time (that is, the loan principal). The loan interest can be calculated in detail by the loan interest calculator. In civil law, interest is the legal fruit of principal.
Second, how long can the provident fund loan be released?
Provident fund loans will generally be released within 18 to 19 working days. The following is the time required for each link of the provident fund loan:
The application form for housing provident fund loan can be completed in general 1 working day.
2, review, after the review, the city housing provident fund management review, generally can be completed within 2 working days.
3, the city housing provident fund management center audit, general 1 working days can be completed.
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The borrower shall meet the following conditions:
( 1);
(2) Having full capacity for civil conduct;
(3) Having a stable occupation and income, good credit status and the ability to repay the principal and interest of the loan;
(4) purchasing and building houses;
(5) Having a purchase and construction contract or relevant supporting documents;
(six) in accordance with the provisions of the client, the housing provident fund deposit terms with the loan returned to the customs before.
(seven) to provide a guarantee recognized by the client;
(Pay off housing provident fund loans and housing provident fund policy interest subsidies;
(9) It meets other conditions stipulated by the client.
In addition to the above housing provident fund conditions, the housing provident fund deposit shall meet one of the following three conditions:
1. Applicants who purchase policy-oriented housing approved by government departments should, in principle, pay the housing provident fund in full and continuously within 6 months before the establishment of the housing provident fund loan, and they are in the state of payment when applying for the loan.
2. The purchase of non-policy housing loans should be paid in full 12 months before the application.
3. The loan applicant is a retired employee who has paid the housing provident fund during his employment.
What materials do you need for provident fund loans? The materials required for handling provident fund loans include: the change page of the lender's ID card or valid household registration book, temporary residence permit and valid residence permit. If the lender is married, he should also provide a valid marriage certificate and personally receive all materials required by the provident fund management center, such as the property right certificate of the lender's company, the certificate of self-owned real estate, the certificate of public rental housing, the certificate of repayment of loans, etc.
What are the procedures for provident fund loans? 1. The borrower first needs to go to the local provident fund management center and the bank that handles the loan to inquire about the loan-related matters, see if it meets the loan conditions, and prepare the relevant materials needed for the housing provident fund loan.
2. The borrower shall go to the local provident fund management department to apply for the housing provident fund loan with the information required for the provident fund loan, and provide relevant information truthfully.
3. After receiving the application materials of the borrower, the housing provident fund management center will review the loan qualification, loan amount and term.
4. After passing the examination, the provident fund management department will issue the Notice of Collateral Appraisal again, and the borrower will apply for mortgage with the Notice of Collateral Appraisal to the appraisal institution designated by the provident fund management center.
5. The borrower signs relevant contracts or agreements with the provident fund management center. After the contract is signed, the provident fund management center will entrust the bank to lend money.
6. After obtaining the loan funds, the borrower can repay the arrears on time according to the loan contract.
Third, loan for a few days.
The loan has no fixed term. As long as the borrower meets the loan requirements, the loan will be issued after approval. It usually takes about 20 working days. The specific borrower can consult the loan officer to check the relevant loan process.