The standard handling rates for China Merchants Bank’s automobile installment business are 5.5% for 12 installments, 10.5% for 24 installments, and 14.5% for 36 installments; there are currently many best-selling models with zero handling fee for installments. Please check the homepage of the website for information .
Warm reminder:
1. The handling fee allocation model is: allocate the fixed total rate to each installment (month) in equal amounts. If it cannot be divided, it will be rounded up and retained. To two decimal places, the remaining handling fee will be charged in one lump sum in the last month.
2. One-time fee collection mode, all handling fees will be paid in one time in the first period.