Repayment method of personal consumption car loan of China Bank:
If the loan term is within 1 year (including 1 year), the principal and interest of the loan shall be repaid monthly (quarterly) in principle. For high-quality customers, the loan principal and interest can be repaid in one lump sum, and the loan amount is not higher than 60% of the car price.
If the loan term exceeds 65,438+0 years, the principal and interest of the loan will be repaid on a monthly (quarterly) basis. The specific repayment methods can be equal principal and interest repayment method and average capital repayment method.
The repayment method of monthly average principal/equal principal and interest is adopted for personal consumption car loan of China Bank.
The above contents are for your reference. Please refer to the actual business regulations.
How to get a car loan from China Bank, what are the requirements and procedures?
To apply for a personal car loan from China Bank, the following conditions must be met at the same time:
1, a natural person who has reached the age of 18, has full capacity for civil conduct, holds valid identity documents meeting regulatory requirements and has a fixed detailed address;
2. People's Republic of China (PRC) citizens with permanent residence in China, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) for more than 1 year (including 1 year) and have their own property in the place where the loan is applied;
3. Have a sustained and stable legal income or personal legal assets sufficient to repay the loan principal and interest, and have the ability and willingness to repay the loan principal and interest on schedule;
4. Personal credit status is good, and there is no bad credit record in BOC and its peers;
5. Being able to pay the down payment for car purchase that meets the requirements of laws, regulations, regulatory provisions and these Measures;
6. Provide effective guarantee recognized by China Bank;
7. The purpose of the loan is clear and legal, and it can provide a car purchase contract, agreement or letter of intent approved by BOC;
8. You need to open a deposit account with BOC before handling the loan;
9. If entrusted payment is adopted, valid counterparty account information shall be provided. To meet the conditions of independent payment, you need to submit personal account information;
10. Comply with laws, regulations, regulatory requirements and other conditions stipulated by Bank of China.
Information to be provided:
1. loan application (including the borrower's name, address and effective contact information);
I have valid identification materials. Married customers need to provide proof of spouse's identity and marital status;
3. Proof of income/assets;
4. Credit inquiry authorization (married customers including spouses);
5 car purchase agreement, contract or letter of intent signed with the dealer;
6. Certificates or documents required for guarantee (originals and photocopies are required), including but not limited to car purchase invoices and motor vehicle registration certificates; List of mortgaged (pledged) items and the certificate (signed by myself) that the person (including the property co-owner) who has the right to dispose of the items agrees to mortgage (pledge); Certificate of ownership or use right of mortgaged property issued by the competent department, certificate of value of mortgaged property, and document that the borrower agrees to handle insurance for the vehicle (if necessary); Pledged goods shall be delivered with pledged goods or rights certification documents (if necessary); Basic information and financial proof materials of the guarantor, the guarantee contract (if necessary) and relevant credit proof materials for agreeing to perform joint and several liability guarantee; Certification documents that meet the credit conditions of unsecured consumer loans (when necessary);
7. Relevant certificates that the down payment has been paid;
8. Other documents required by China Bank.
For details, please consult the loan handling bank of China.
The above contents are for your reference. Please refer to the actual business regulations.
What is the car loan interest rate of China Bank?
The car loan interest rate of China Bank is as follows: 1, short-term loan, 4.86 within half a year (including half a year), 5.31from half a year to one year (including one year); 2. Medium-and long-term loans, 1-3 years (including 3 years) 5.40, 3-5 years (including 5 years) 5.76, and more than 5 years 5.94; 3, the general customer loan amount is not higher than 60% of the car price in principle, and the guarantee provided by high-quality customers is not higher than 70% of the car price in principle; In principle, the loan amount for high-quality customers is not higher than 70% of the car price.
How does China Bank apply for a car loan?
If you need to apply for personal car loan in BOC, you need to submit the following information:
1. loan application (including the borrower's name, address and effective contact information);
2. Your valid identification materials. Married customers need to provide proof of spouse's identity and marital status;
3. Proof of your income/assets;
4. Credit inquiry authorization (married customers including spouses);
5 car purchase agreement, contract or letter of intent signed with the dealer;
6. Certificates or documents required for guarantee (originals and photocopies are required), including but not limited to car purchase invoices and motor vehicle registration certificates; List of mortgaged (pledged) items and the certificate (signed by myself) that the person (including the property co-owner) who has the right to dispose of the items agrees to mortgage (pledge); Certificate of ownership or right to use the mortgaged property issued by the competent department, certificate of value of the mortgaged property, and documents that you agree to handle insurance for the vehicle (if necessary); Pledged goods shall be delivered with pledged goods or rights certification documents (if necessary); Basic information and financial proof materials of the guarantor, the guarantee contract (if necessary) and relevant credit proof materials for agreeing to perform joint and several liability guarantee; Certification documents that meet the credit conditions of unsecured consumer loans (when necessary);
7. Relevant certificates for paying the down payment for car purchase, etc.
After receiving your loan application, China Bank will examine and approve it according to the relevant examination and approval procedures.
Please consult the local branch of Bank of China for details.
The above contents are for your reference. Please refer to the actual business regulations.
How does China Bank handle the extension of personal car loan?
Extension of personal consumption car loan of China Bank:
If the loan term is less than one year and the loan principal and interest are repaid in one lump sum, and the borrower fails to repay the loan principal and interest within the time limit stipulated in this contract for justified reasons, it shall apply to the lender for extension 30 working days in advance, and the specific extension conditions shall be implemented according to the relevant documents of China Bank.
After the extension application is examined and approved by the branch, the borrower and the lender shall sign an extension agreement. The extension agreement shall stipulate new guarantee terms, and go through the insurance extension formalities with the written consent of the mortgagor and guarantor. If the loan is repaid in installments, it will not be extended, but both borrowers and borrowers can negotiate to restructure the loan.
The above contents are for your reference. Please refer to the actual business regulations.
Excuse me, how does China Bank operate the prepayment of personal consumption car loans?
Advance repayment of personal consumption car loan of China Bank:
When the borrower applies for prepayment, BOC Branch may charge a certain percentage of prepayment fee according to the local actual situation. The compensation and collection method of early repayment should be clearly stipulated in the loan contract.
The above contents are for your reference. Please refer to the actual business regulations.
So much for the introduction of China Bank's auto loan.