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Do bank loans need to be mortgaged? How much is the interest?
hello! Bank loans include mortgage loans and credit loans. Whether to mortgage depends on the purpose of the loan, etc.

loans need to have specific purposes, proof of income, etc. Please explain the purpose of the loan and the city where the loan is prepared, and we will further verify it for you. When you apply for a loan from China Merchants Bank, you need to provide a certificate of the use of the loan funds, which is based on the certificate of the use of the loan funds provided by you. What kind of certificate of the use of the loan you are applying for now will be provided? For example, if you provide renovation contract, it is handled as a decoration loan, and if you provide a car purchase contract, it is handled as a car loan.

the loan interest rate needs to be comprehensively priced in combination with the business type, credit status, guarantee method, local market conditions, loan purpose, comprehensive evaluation of customers and other factors, and can only be determined after approval by the handling outlets. The following are the basic interest rates of our bank and the benchmark interest rates announced by the People's Bank of China for your reference.

China Merchants Bank loan prime rate (LPR):

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RMB loan benchmark interest rate: /CmbWebPubInfo/CDRate.aspx? Chnl=cdrate

If you still have questions, I suggest you consult China Merchants Bank's Customer Service Online /cmu/icslogin.aspx? from=B& Logincmu=, we will serve you wholeheartedly!