1. Customer application: A customer applies for a loan from a bank or an auto financing company, fills in a loan application form and submits relevant materials at the same time; Determine the installment payment amount of individual cars.
2. Auto loan review: the bank or auto financing company investigates the application materials submitted by the borrower and approves the loan.
3. Sign a car loan contract: apply for car purchase by stages at the designated dealer store with the original credit card and valid identity documents; Book auto loan contracts and guarantee contracts, and handle relevant notarization and mortgage registration procedures as appropriate.
4. Auto loan issuance: the bank or auto financing company directly transfers the loan to the auto dealer account according to the contract;
5. Customer's car pick-up: After the customer completes the car loan formalities, the customer picks up the car and repays the principal and interest of the car loan on schedule.
6. Loan settlement: Loan settlement includes normal settlement and early settlement.
Can I still apply for vehicle mortgage with online loan? Minsheng bank.
If the applicant does not have a very serious bad credit record, the lending institution will also pass. In addition, it should be noted that any lending institution considers the applicant's loan qualification from many aspects, not just one of them. If the applicant's credit is not so good, it can be made up by other means. Serious overdue, unable to apply for a vehicle mortgage loan.
1. Application conditions of Minsheng Bank in automobile mortgage
1, 18 years old natural person;
2. Have a stable occupation and income;
3. Personal credit status is good;
4. The types of cars purchased are mainly for personal and family use.
Two, Minsheng Bank automobile mortgage application materials.
1. The valid identity document of the loan applicant.
2 proof of the property and income of the loan applicant and his spouse.
3. Proof of loan use: A legal and effective car purchase contract, agreement or letter of intent must be provided.
4. Proof of down payment
5. Personal credit report inquired through the credit information system of the People's Bank of China (if any).
6. Other documents and materials specified by Minsheng Bank.
Three. Minsheng Bank automobile mortgage Handling Process
1. The borrower submits a loan application to Minsheng Bank.
2. Minsheng Bank conducts pre-loan investigation.
3. Minsheng Bank collects data before lending.
4. Minsheng Bank conducts loan review.
5. Sign a contract with the lender after approval.
6. The lender shall evaluate the collateral at the evaluation center and submit an evaluation report to Minsheng Bank after the evaluation.
7. Go through the formalities of automobile mortgage and complete the loan from Minsheng Bank.
Details of Minsheng Bank's "Car Networking" credit card loan to buy a car
The official name of Minsheng Bank's credit card car purchase is "Car Purchase Pass", which is a kind of car installment payment business. It means that Minsheng Credit Card customers purchase the designated automobile products at the designated dealer store of China Minsheng Bank Credit Card Center, pay part of the money through Minsheng Credit Card, and repay the money in installments every month. This loan car purchase activity has just been launched, and there are not many brands and models. See the table below for details:
The down payment can be the car price.
There are few cooperation modes and little influence.
Because it is just beginning to buy a car with a credit card loan, the minimum down payment of Minsheng Bank can be 20% of the car price, and the handling fee varies slightly according to different models. Because I don't know the proportion of the car loan fee charged by Minsheng Bank, I won't list them here.
Minsheng Bank's "Chelian" car purchase activity has been carried out for a short time and the publicity is not strong, so many consumers still don't know about this business.
Minsheng Bank Credit Card Loan Car Purchase Process
Just four simple steps.
When applying, the following materials shall be submitted:
(1) The borrower's valid identity document.
(2) Proof of the property and income of the borrower and his spouse.
(3) Proof of loan purpose: A legal and effective car purchase contract, agreement or letter of intent shall be provided.
(4) proof of down payment
(5) Personal credit report inquired by the credit information system of China People's Bank.
Other documents and materials stipulated by Minsheng Bank.
The handling fee for buying a car with Minsheng Credit Card Loan is calculated as follows:
12: 5.99%,
24 issues: 9.99%,
36 issues: 13.99%.
Minsheng bank auto loan Minsheng bank personal auto consumption loan conditions
The automobile loan of Minsheng Bank, also known as personal automobile consumption loan, refers to the loan granted by Minsheng Bank to individual loan applicants for purchasing self-use automobiles (excluding commercial vehicles and used cars). Characteristics of Minsheng Bank's personal automobile consumption loan products 1. The loan term is long and the amount is high; 2. Flexible loan methods can be applied through our cooperative distributors or our outlets; 3. Less loan procedures, quick approval and timely lending; 4. There is no charge for prepayment with normal repayment for more than one year. Basic information of the borrower 1. Natural persons aged 18; 2. Have a stable job and income; 3. Personal credit status is good; 4. The types of cars purchased are mainly for personal and family use.
Let's stop here for the introduction of Minsheng Bank's auto loan.