The name of China Merchants Bank's credit card loan to buy a car is Cheyiyi. China Merchants Bank has to pay more than 30% down payment before it can be phased, while ICBC said it can be phased in full. Some banks can also get zero handling fees for some models. In addition, different models have different installment rates in different periods, and some banks only have designated models for installment. Here is a detailed introduction to the process, advantages and disadvantages of China Merchants Bank's credit card loan to buy a car.
China merchants bank credit card loan to buy a car-introduction of easy car purchase products
The official name of China Merchants Bank's credit card car purchase is "Easy to Buy a Car". Anyone who is a credit card holder of China Merchants Bank can apply for this loan service, provided that it must be invited by China Merchants Bank or certified for a long time before it can pass the loan approval (the card holding time is at least 1 year, and there is no bad credit record, and the credit limit is at least 5,000 yuan).
There are 13 brands that have cooperated with China Merchants Bank to handle the "Easy Car Purchase" activities, all of which are joint venture brands, namely: Guangzhou Honda, Dongfeng Peugeot, Beijing Hyundai, Changan Suzuki, Dongfeng Citroen, Shanghai Volkswagen Skoda, GAC Toyota, Shanghai GM Chevrolet, FAW Toyota, FAW Volkswagen, Dongfeng Da Yue Kia, Shanghai Volkswagen and Dongfeng Honda, but not all of the above brands are on sale.
Buying a car with a credit card loan only charges a handling fee and does not charge interest. Compared with commercial loans, it is already very affordable. But now China Merchants Bank has also launched a "free handling fee" campaign with some brands to buy designated models, which has brought great benefits to consumers.
Long-term cardholders with China Merchants Bank credit cards can apply for "Easy Car Purchase".
China Merchants Bank's "Easy Car Purchase" activity is the earliest credit card car purchase activity in China, and it is also a mature credit card car purchase activity involving the most brands. However, the approval of China Merchants Bank's "Easy Car Purchase" activity is still relatively strict, and it will take some time to become a credit card user of China Merchants Bank.
Details of China Merchants Bank's "Easy Car Purchase" Loan
Advantages: There are many brand models involved, and there is "zero handling fee" for car purchase.
Disadvantages: strict loan requirements.
China Merchants Bank Credit Card Loan Car Purchase Process
1. Call China Merchants Bank to inquire about the application qualification and installment quota of Cheyiyi (that is, credit card installment products);
2. Choose your favorite car at the contracted car dealer designated by China Merchants Bank;
3. The cardholder goes to the dealer to handle the on-site car purchase business with his valid ID card, which includes: ID card, passport, military officer's card and other valid documents when applying for a credit card;
4. The cardholder pays the installment payment by swiping the card at the dealer;
5. After the vehicle is licensed, China Merchants Bank informs the cardholder to sign the following documents at the credit card department of the local China Merchants Bank:
(1) Easy installment contract for car purchase
(2) Automobile installment mortgage contract
(3) Power of Attorney (with the permission of the local vehicle management office, the cardholder needs to go through the mortgage formalities with China Merchants Bank)
After the mortgage formalities are completed, the dealer will inform the cardholder to pick up the car, and the specific time for picking up the car can be consulted with the dealer.
How to get a car loan with China Merchants Bank credit card loan (conditions, process, interest rate)
China Merchants Bank's credit card loan car purchase rate is not only low, but also some models can enjoy a preferential rate of 0. How to buy a car with China Merchants Bank credit card loan? From the conditions, process and interest rate of China Merchants Bank's credit card loan to buy a car, this paper introduces how to handle the installment business of China Merchants Bank's credit card car.
China Merchants Bank credit card loan car purchase conditions
1, from Chinese mainland;
2. A natural person with full capacity for civil conduct;
3. The age is between 18-60 years old;
4. There is no serious bad credit record of banks or credit institutions;
5. Have a legal and stable job or income.
(Tips: You can only apply for a loan if you meet the loan conditions, but whether you can successfully handle the car installment business in the end depends on whether the bank recognizes the lender's business qualifications. )
China Merchants Bank Credit Card Loan Car Purchase Process
1. online booking loan application amount.
2. Wait for the bank staff to contact the lender to apply for a loan.
3. Wait for the bank to review the lender's qualification.
4. After approval, the lender will pay the down payment for car purchase and purchase insurance.
5. Pick up the car after the bank lends money.
China merchants bank credit card loan car purchase interest rate
1, some models support installment 0 rate concessions, so the handling fee is free.
2. The standard service fee rates of China Merchants Bank's automobile installment business are 65438+5.5% in 2002, 24 10.5% and 36 14.5%.
China Merchants Bank's credit card loan to buy a car is not an application, and it will certainly be able to successfully handle the installment business. The final installment amount is subject to the audit of China Merchants Bank Credit Card Center. At the same time, you need to pay a down payment to buy a car with a credit card loan from China Merchants Bank. Most models need to pay 30% of the car price, and individual models need to pay 20% down payment, and payment must be made by means other than China Merchants Bank credit card.
Introduction to related hot reading:
What is the interest rate of credit card installment loan of China Merchants Bank? The minimum handling fee is 0.75%
What is the credit card loan amount of China Merchants Bank? You can buy a car at the highest amount.
The application process of China Merchants Bank's car loan display is over.
China Merchants Bank's car loan shows that the application process is completed.
First, China Merchants Bank car loan processing process
1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;
2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;
3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer account by the bank according to the contract;
4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;
5. loan settlement.
How can China Merchants Bank handle interest-free loans when buying a car, and easily understand the loan conditions and processes?
Car loan has always been a hot topic in society. China Merchants Bank has been very popular since it bought a car with an interest-free loan. So how does China Merchants Bank handle an interest-free loan for buying a car? Now, Ann Credit will introduce it to you.
What are the conditions for buying a car with an interest-free loan? Originally, only the specified model could be purchased.
Is there an interest-free loan for car loans? Don't be blinded by interest-free loans.
1, a natural person with full capacity for civil conduct
2. Have a local permanent residence or valid residence status and a fixed detailed address.
3. Have a legal occupation and a stable and reliable source of income, and have the ability to repay the loan principal and interest on schedule.
4. Holding the agreement or contract signed with the designated dealer of the lender for the purchase of designated brand cars.
5. To provide property mortgage, pledge or third-party guarantee recognized by the lender, the guarantor shall be an individual or unit recognized by the lender with compensatory ability and joint liability.
6. If the buyers are husband and wife or family members, they must apply together. If one party cannot be present for any reason, it shall fill in the power of attorney and sign and seal it.
7. The down payment shall not be lower than the bank designated by the lender.
8. Implement other loan conditions stipulated by China Merchants Bank.
1, ID cards of both husband and wife of the borrower
2. Marriage certificate
3. Work certificate
4, salary passbook, passbook running water
5. Property certificate (residence certificate)
6. Car purchase contract and deposit receipt
7. Other information.
1. Choose a car model and apply for a loan: you can fill in the application form for automobile consumption loan, credit information questionnaire and personal income proof materials at China Merchants Bank.
2. Examination and approval by China Merchants Bank: China Merchants Bank examines the applicants, and if they meet the requirements, they will contact the applicants according to the contact information provided by the applicants.
3. Signing: The applicant signs a loan contract, a guarantee contract and a mortgage contract with China Merchants Bank, and goes through mortgage registration, insurance and other formalities at the same time.
4. Lending: China Merchants Bank issues loans.
5. Pick up the car: Bring the required documents to pick up the car.
The above is the information about China Merchants Bank's interest-free loan to buy a car, hoping to help everyone.