It usually takes about 15 days for banks to review car loans. If the borrower passes the review, the bank will send a notification.

The process for applying for a car loan at a bank is:

1. Bring relevant materials and submit a loan application at a bank outlet;

2. The bank will investigate the materials. Then proceed to approval;

3. After approval, the borrower signs a contract with the bank;

4. The borrower goes through notarization, mortgage and other procedures;

5 , bank loans.

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The loan process after the car loan application is approved:

1. First, you must pay the down payment at the 4S store (this is your proof to the bank The first step in paying credit).

2. After a few days, you will receive a credit card from the bank.

3. After waiting for about a week, the bank will send you a text message informing you that the money has been deposited into your account. Then you take this card and go to the 4S store to pay with the card. This amount is directed by the bank to the 4S store and cannot be spent or transferred elsewhere.

4. The 4S store has withdrawn this amount, plus the down payment you have paid before. At this point, the 4S store has collected the full payment. In theory, you can take the car away (of course it is best Still decided to wait for a good license plate before picking up the car).

5. The rest is the lending relationship between you and the bank.

Reasons for slow car loan review:

1. Incomplete personal information

The car loan business requires car buyers to have a household registration book or property certificate, as well as a If there are errors or problems in the series of certificates, it will affect the approval time.

2. Down payment

Nowadays, most car buyers choose a loan ratio of 40 to 60% of the car price. If the down payment is too low, the approval speed will be affected.

3. Special circumstances

If there are policy reasons that cause the institution or bank to have insufficient quota, you may need to wait in line for a period of time. Actively contact the account manager to inquire about the approval progress. .

First: The property certificate used to apply for a loan is only a property certificate and will not be mortgaged.

Second: It depends on which financial institution you use. If it is a financial company of a car brand, it is much simpler. It only takes 5 working days from submission of documents to delivery of the car;

Third: There are two types of bank approval. One is a credit loan, but it is not exactly the same as what the fastest reply said. After the bank approves, you pay the down payment, and the bank will help you pay off the rest. Give the money to the 4S store and you can pick up the car. The cycle for this type of loan is 4-5 working days. The other is a mortgage loan. After you pay the down payment, the 4S store will issue an invoice. After you present the invoice, policy, certificate, and ID card, you will give the information to the 4S store. The bank will complete the mortgage process before releasing the loan to the 4S store. The loan cycle ranges from 5-12 working days, and each bank is different.