According to Cailadder.com's inquiry, the interest rate of bank loans is generally expressed by monthly interest rate and annual interest rate, and the formula for converting monthly interest rate and annual interest rate into daily interest rate is: annual interest rate /360= monthly interest rate /30= daily interest rate. Banks have different interest rates for different loans. At present, the benchmark interest rate of one-year commercial loans of banks is 4.35%, and when the benchmark annual interest rate of one-year commercial loans is converted into daily interest rate, it is 4.35%/360=0.0 12%.
Interest rate is the price that the borrower needs to pay for the money borrowed, and it is also the return that the lender gets by delaying his own consumption and lending it to the borrower. Interest rate refers to the ratio of interest amount to the amount of borrowed funds in a certain period, which is usually calculated as the percentage of one-year interest to principal. It is the main factor that determines the capital cost of enterprises, and it is also the decisive factor for enterprises to raise funds and invest.