Borrowers applying for personal consumption car loans from Bank of China must meet the following conditions:

1. A natural person who is over 18 years old, has full capacity for civil conduct, and holds a regulatory Required valid identity documents with a fixed and detailed address;

2. Citizens of the People's Republic of China with a fixed residence in China, excluding people from Hong Kong, Macao and Taiwan;

3. Have sustained and stable legal income or personal legal assets sufficient to repay the principal and interest of the loan, and have the ability and willingness to repay the principal and interest of the loan on time;

4. The personal credit status is good, and there are no bad reputations in Bank of China and peers. Credit record;

5. Be able to pay the down payment for a car that complies with laws, regulations, regulatory requirements and the limits stipulated in these Measures;

6. Provide an effective guarantee approved by the lender;< /p>

7. The purpose of the loan is clear and legal, and a car purchase contract, agreement or letter of intent to purchase a car recognized by the lender can be provided;

8. A deposit account must be opened at Bank of China before applying for a loan;

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9. If entrusted payment is adopted, the borrower must provide valid counterparty account information, etc. For those who meet the conditions for independent payment, personal account information must be submitted;

10. Meet other conditions stipulated by laws, regulations, regulatory provisions and lenders.

Because there are certain differences in various regions, you need to consult the local Bank of China agency when applying for a loan.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.