Annual interest rate of ABC's mobile banking: the interest rate of mortgage customers rises 15%, and the interest rate of non-mortgage customers rises 15%-50%.
Agricultural Bank of China will adjust the interest rate according to the specific market conditions. When users apply for online loans, they will repay at the interest rate at the time of lending; At present, "Netjet Loan" has realized the processes of self-service application, automatic approval, online signing of credit contract and self-service credit use. You can log in to personal online banking or handheld banking app and enter the "Netjet Loan" application interface.
As the basic calculation method of bank deposit interest and loan interest. The interest calculation formula has played a great role in the daily settlement of banks and the daily life of ordinary people, and it will become more and more important.
The calculation method of interest is as follows:
(1) The interest rate conversion formula for RMB business is (note: common for deposits and loans):
1. daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.
2. Monthly interest rate (‰) = annual interest rate (%)÷ 12
(two) banks can use the product interest method and the transaction interest method to calculate interest.
1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:
Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.
2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term, with three details:
If the interest-bearing period is a whole year (month), the interest-bearing formula is:
① Interest = principal × year (month )× year (month) interest rate
If the interest-bearing period is a whole year (month) and days, the interest-bearing formula is:
② Interest = principal × year (month) × year (month) interest rate principal × odd days × daily interest rate.
At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:
③ Interest = principal × actual days × daily interest rate
(3) Compound interest: Compound interest means adding interest at a certain interest rate. According to the regulations of the central bank, if the borrower fails to repay the interest at the time agreed in the contract, it will be charged with compound interest.
(4) Penalty interest: If the lender fails to repay the bank loan within the prescribed time limit, the penalty interest paid by the bank to the defaulter according to the contract signed with the parties is called bank penalty interest.
(V) loans overdue liquidated damages: penalties for the defaulting party with the same nature as penalty interest.
(6) Reference basis:
1. Provisions on the Administration of RMB Interest Rate (Yinfa 199977).
2. Notice of the People's Bank of China on issues related to the interest rate of RMB loans. 200325 1).
3. Notice of the People's Bank of China on Interest Calculation and Settlement of RMB Deposits and Loans (Yinfa [2004]10/No.. 2005 129).
2. What is the interest rate of ABC's pocket bank loan?
If the borrower applies for a loan with a term of less than one year, the annual interest rate of the loan is 4.35%, and the benchmark interest rate of the one-year loan falls by 0.25 percentage point.
[2] medium and long-term loans
If the applicant's loan period is one to five years, the annual interest rate of the loan is 4.75%; If the applicant's loan term is more than five years, the annual interest rate of the loan is 4.9%.
[3] provident fund loans
After applying for provident fund loans, the annual interest rate is 2.75% if the loan term is less than five years, and 3.25% if the loan term is more than five years.
3. What is the interest rate of demand time deposit of ABC Pocket Bank?
Fixed interest is calculated according to the annual interest rate of demand deposits, and the annual interest rates of 1, 2 and 3 months are different.
4. What is the loan interest rate of Agricultural Bank?
According to the notice of the central bank:
Central bank loan benchmark interest rate:
(1) The short-term (including one year) adjusted interest rate is 4.35.
(2) Medium and long-term loans: the adjusted interest rate is 4.75 for one to five years (including five years); The adjusted interest rate for more than five years is 4.90.
(3) Personal housing provident fund for five years) The adjusted interest rate is 2.75; The adjusted interest rate for more than five years is 3.25.
The loan interest rate of Agricultural Bank (including six months) is 4.35%; The loan interest rate for half a year to one year (including one year) is 4.35%. The loan interest rate for one year to three years (including three years) is 4.75%, and the loan interest rate for more than five years is 4.9%.
If it is a provident fund year, the loan interest rate is 2.75%; The loan interest rate for more than five years is 3.25%.
The loan interest rate is the interest rate when banks and other financial institutions issue loans. It is mainly divided into three categories: the loan interest rate of the central bank to commercial banks; The loan interest rate of commercial banks to customers; Interbank lending rate
The fixed factors are:
1, bank cost. Any economic activity needs cost-benefit comparison. There are two types of bank costs: borrowing costs-prepaid interest on borrowed funds; Extra cost-normal business
2. Average profit rate. Interest is the subdivision of profit, which must be less than the profit rate, and the average profit rate is the highest limit of interest.
3. The supply and demand of borrowing money and capital will inevitably decline, and vice versa. Considering the price changes, there are
However, some scholars believe that the upper limit of interest rate should be the marginal rate of return of funds. The factor that restricts the interest rate is regarded as the comparison between the profit growth rate of enterprises after borrowing bank loans and the loan interest rate. As long as the former is not lower than the latter, it is possible for enterprises to borrow money from banks.
Bank loan interest rate refers to China's lending interest rate, which is managed by the central bank. The set benchmark interest rate and the actual contract interest rate can fluctuate within a certain range on the basis of the benchmark interest rate.
The loan interest rate refers to the ratio of interest amount to principal amount during the loan period. It should be determined with the bank at the same interest rate and negotiated within the upper and lower limits of the interest rate. If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term expires.
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.
Interest on loan contracts with banks and other financial institutions as lenders can be invalid only when the interest rate stipulated by the central bank and the loan interest rate agreed by the parties are higher than the upper limit of interest rate stipulated by the People's Bank of China; If the parties agree on the lower limit of interest rate, the lowest interest rate stipulated by the central bank shall prevail.
In addition, other expenses that the lender violates the provisions of the central bank shall be borne by the central bank.
The loan interest rate is generally higher than the deposit interest rate, and the difference between them is the main source of bank profits.