The loan limit of Jinnong Yidai is generally 30,000-50,000 yuan; if you know the lender well, have good qualifications, and have relatively strong assets, it will be about 100,000-200,000 yuan.
1. Does Jinnong Yidai have high credit report requirements?
Jinnong Yidai is a formal credit product under the Rural Credit Cooperative and has high requirements for credit information. If the applicant has overdue records such as late credit card repayments or loan repayments in the past two years; or has a high debt ratio and frequently applies for loans, the application for Jinnong Yidai will be affected. It is recommended that loan applicants maintain a good personal credit record.
2. The application effect of Jinnong Yidai
First, for applicants, through this model, "data operation" is realized, and through the government's authoritative channels, This saves the applicant's costs to the greatest extent. The traditional model requires applicants to spend a lot of time, money and manpower to provide proof that meets the bank's needs, such as real estate, household register, income certificate, guarantor materials, etc. This is a long process and complex procedure. These materials and information have been dormant in government databases.
Second, for financial institutions, with the help of the government's big data platform, financial institutions can automatically analyze and process reasonable credit models, pricing models and risk control models, saving a lot of manpower and material resources. For example, since "Jinnong Yidai" was piloted in Bozhou, as of the end of June, 171,000 rural households had applied, accounting for 84.64%; farmers had extended credit to 94,600 households, accounting for 81%.
In short, credit services are mobile to improve operational convenience. By combining with mobile banking, it achieves full coverage of the credit service area and full time and space services, which not only improves the availability and autonomy of loans, but also further enhances operational convenience, allowing urban and rural residents in the province to stay at home. You can enjoy convenient and fast financial services. Since the beginning of this year, there have been 2.6576 million mobile credit transactions, with an amount of 102.835 billion yuan, accounting for 74.78% of the total electronic credit card transactions. Effectively reduce capital costs and improve capital utilization efficiency. Compared with traditional general loans, "Yidai Card" has the characteristics of one-time credit granting and loan repayment. Customers borrow money when they need funds and can repay or partially repay when they have remaining funds, which reduces the actual cost of using funds. It can be recycled within the credit period and credit limit, which greatly improves the efficiency of the use of funds.