China People's Bank Loan Interest Rate Table 20 19, China People's Bank Loan Interest Rate Table 202 1 latest edition.

The interest rate of short-term loans (less than one year) is 4.35%, and the principal and interest will be repaid in installments during the loan period. The loan interest rate for one year to five years (inclusive) is 4.75%, and the short-term loan interest rate for one year to five years (inclusive) is 4.75%.

The interest rate of short-term loans (less than one year) is 4.35%, and the principal and interest will be repaid in installments during the loan period. The loan interest rate for one year to five years (inclusive) is 4.75%, and the loan interest rate for one year to five years (inclusive) is 4.75%.

The interest rate of short-term loans (within one year and one year) is 4.35%. For medium and long-term loans, the loan interest rate for one year to five years (inclusive) is 4.75%.

1.20 19 The lending rates of major banks fluctuate on the benchmark interest rate of the central bank. The benchmark interest rate of the central bank is: the interest rate of short-term loans (within one year) is 4.35%. Medium and long-term loans. The loan interest rate for one year to five years (inclusive) is 4.75%. The loan interest rate for more than five years is 4.90%. Housing provident fund loan. The interest rate for loans with a five-year term or less is 2.75%. The loan interest rate for more than five years is 3.25%.

2. Four common calculation methods of bank loan interest: simple interest method and simple interest method mean that during the loan period, the interest is calculated only according to the loan principal on the agreed interest collection date, and the interest not received in the previous period is not used as the basis for the current interest calculation. Commercial banks in China use simple interest method to collect loan interest. The calculation formula is: interest = loan principal × loan daily interest rate × loan days.

3. Compound interest method The compound interest method means that if the interest of the previous period is not received on the agreed interest collection date within the loan term, the interest of the previous period should be included in the principal as a new interest base, and interest should be collected on this basis. Compound interest is commonly known as "rolling interest". The calculation formula is: principal and interest = loan principal× (1interest rate) n power, and interest = principal× [(1interest rate) n power-1].

4. Discount method refers to the method that the commercial bank deducts interest from the principal in advance when issuing loans, and the borrower repays the principal and interest in installments at maturity. Commercial banks usually use this method when discounting commercial bills for customers. The calculation formula is: interest = loan principal (or face value) × loan days × discount date interest rate.

5. Amortization of principal and interest refers to a method of repaying principal and interest regularly within the loan term. This law is applicable to housing mortgage loans and other loan projects with large amount and long term.

Within one year, including one-year short-term loans, the central bank's benchmark interest rate is 4.35%; For one to five years, including five-year medium-term loans, the benchmark interest rate of the central bank is 4.75%.

The above information is about the latest version of China People's Bank loan interest rate table 20 19 and China People's Bank loan interest rate table 202 1.

What's the interest rate for bank loans now?

As of June 2020, the latest benchmark interest rate of bank loans: 10 to June (including June), the annual interest rate of loans is 4.35%, from June to 1 year (including 1 year) is 4.35%, and from June to 1-3 years (including 3 years).

If the bank applies for a loan, the bank will adjust the interest rate according to the applicant's qualification. When many users apply for bank loans, they will find that the interest rate they apply for is much lower than that of many people.

This also shows that the applicant may have good qualifications, good credit or high income, so the bank is more assured to lend. And some banks do have higher loan interest rates. For example, the long-term loan interest rate of SDB will be as high as 6.4%.

Extended data

1. Pay attention to the loan term.

Not everyone can borrow it for 30 years. As we all know, when applying for a loan, the lender needs to meet the conditions that the loan term and the actual age should not exceed 65. If the lender is 45, the longest loan period can only be 20 years.

2, the correct use of provident fund

Never use up all the money in the provident fund, leave some balance. If there is no balance in the provident fund account, there is no way to apply for a provident fund loan.

3. A stable job is very important.

Never resign immediately after you decide to buy a house. When banks apply for loans, a stable source of income for borrowers plays an important role. Because you don't come to work, the bank will judge that you have no repayment ability, which will affect the loan progress.

Mortgage interest rates of major banks in 2023

In 2023, the benchmark loan interest rate announced by the People's Bank of China was 4.35% for one year (including one year) and 4.75% for one to five years (including five years). For example, at present, the benchmark interest rate of commercial loans is 4.90%, and the loan term exceeds 5 years. Affected by the policy of restricting purchases and loans, local banks have adjusted the interest rate of the first home loan to varying degrees. The average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5%-20%. The interest rate of the second home loan generally rose 10%-30%.

The benchmark interest rate of provident fund loans is 2.75% for loans with less than five years (inclusive), 3.25% for provident fund loans with more than five years, and the interest rate of second-home loans generally rises 10%. The benchmark crude and vertical interest rates of new loans announced by the People's Bank of China are subject to the latest interest rates announced by the People's Bank of China.

I. Entrusted loan:

Entrusted loans refer to loans issued, supervised and assisted by government departments, enterprises, institutions and individuals according to the loan object, purpose, amount and term determined by customers. The lender (trustee) only charges the handling fee and does not bear the loan risk.

2. Credit loan:

Credit loans refer to loans issued in the name of borrowers. Its characteristic is that the debtor does not need to provide collateral or third-party guarantee, but only needs to rely on his own reputation to obtain loans, and the borrower's credit degree is used as repayment guarantee. For a long time, this kind of credit loan has been the main loan method for banks in China.

How much is the interest on the bank loan?

Our daily life is closely related to banks, and we can say that we are dealing with banks every day. As big as buying a car and buying a house, as small as every small expenditure, you have to deduct money from the bank. We contact the bank every day, but when it comes to the loan, we don't know the interest of the bank loan. How much money to pay back every month is what every borrower cares about. Because each bank's loan interest is different, it is necessary to do your homework in advance and understand the bank's loan interest. Then let's look at the interest rates of various bank loans.

At present, the central bank sets the interest rate as one-year benchmark interest rate of 4.35%, 1-3 years (including 3 years) of 4.75%, 3-5 years (including 5 years) of 4.75% and 5-30 years (including 30 years) of 4.90%.

At present, the benchmark interest rate of bank loans in China is set by the People's Bank of China, and then the major banks fluctuate according to the prescribed range. Among them, the floating range of commercial banks, urban credit cooperatives and other financial institutions is between 0.9%- 1.7%, which means that the central bank allows major banks to rise by 70% and fall by 10% on the basis of the benchmark interest rate. Because the interest of bank loans is calculated according to the interest rate, the interest rate and loan amount of each bank are different, and the interest is also different.

Banks have three loan methods, namely mortgage loan, credit loan and commercial loan. Because the loan conditions are different, the interest rate and interest rate are different.

Mortgage loan:

1. Mortgage loan is used for business operation.

The general loan amount can be applied to 70% of the real estate appraisal value. The loan interest rate should rise by more than 20% on the basis of the benchmark interest rate of the central bank according to the bank's policies and the borrower's conditions. The loan period is generally set at 5 years.

2. Mortgage loan is used for personal consumption

If the mortgage loan is used for personal consumption, the loan interest rate can rise by 10% on the basis of the benchmark interest rate of the central bank. The assets mortgaged in this way generally have a mortgage life of 10 years.

Mortgage is used to buy a house.

If the mortgage borrower uses it to buy a house, the bank's loan interest rate is 1. 1 times the original benchmark interest rate. The loan time has also been shortened from the original 20 years to 10 years.

When handling mortgage loans, the borrower's loan period has a certain relationship with his own qualifications. If his personal credit is good and his repayment ability is strong, his loan amount will be higher.

Credit loan:

The interest of general credit loans is higher than other loan methods. Because credit loans are unsecured loans, the procedures are relatively simple and the threshold is relatively low, so the interest is higher than ordinary loans. At present, the interest rates of unsecured credit loans of major banks are floating on the basis of the central bank's benchmark interest rate, at least by 30%. Calculated by the loan for five years, the interest rate for five years is about 6. 18%. When we make a loan, we should calculate the monthly repayment amount to see if we can afford it.

If credit loans are used for personal consumption, such as tourism, daily consumption, durable goods consumption, etc., you can choose credit products with small loan amount and low interest, such as China Construction Bank and Bank of Communications. If our credit loan is used for decoration, car purchase or other consumption with large demand for funds, you can choose credit loan products with high loan amount, low interest and long loan period.

However, it should be noted that there are many factors affecting credit loans, including credit application, assets and repayment ability of loans.

Commercial loans:

Commercial loans, also known as "personal housing loans", buyers pay a down payment when buying a house, and then pay a certain amount of principal and interest to the bank every month. The annual interest rate of commercial loans is 1 year or above 4.35%, 1 to 5 years (inclusive) 4.75%, and 5 years or above 4.90%. For provident fund loans below 1 year, the tax rate is 2.75%, 1-3 years is 2.75%, 3-5 years is 2.75%, and 5 years and above is 3.25%. Affected by the policy of restricting purchases and loans, major banks have adjusted the interest rate of the first home loan to varying degrees. According to statistics, the average interest rate of the first suite is 5.38%, the interest rate generally rises by 5%-20%, the second suite rises by 10%-30%, and the interest rate of provident fund loans rises by 10%.

Generally speaking, the interest of bank loans is calculated according to the interest rate. The interest rate and loan amount of each bank are different, so the interest is different. The benchmark annual interest rate set by the central bank is 4.35%, 1-3 year interest rate is 4.75%, 3-5 year interest rate is 4.75%, and 5-30 year interest rate is 4.90%. On the basis of the benchmark interest rate, major banks fluctuate within a reasonable range, that is to say, the maximum fluctuation range is 70%, and the downward fluctuation range is 10%. The above is my answer to the bank loan interest rate, I hope it will help you.

What's the interest rate for credit loans? Which bank is more suitable for you?

Faced with the lack of living funds, bank credit loans are often the best choice. Because of its relatively low interest rate and stable source of funds, it is deeply loved by the majority of borrowers, but many people do not know what the interest rate of credit loans is. The credit loan interest rates of seven banks are summarized. Let's have a look.

I. Agricultural Bank of China

The annual interest rate of agricultural bank credit loan is generally between 0 and 0, which is calculated according to your loan term. The shortest loan period is 6 months and the longest is 5 years.

Second, China Construction Bank.

The annual interest rate of CCB's credit loan is, and its interest-bearing method is based on the actual number of days spent. If you don't use it, you won't charge interest, which is very cost-effective.

Three. Industrial and Commercial Bank of China

The annual interest rate of ICBC's credit loan rises above the benchmark interest rate. According to your loan term, the shortest is 6 months and the longest is 5 years. The one-year benchmark interest rate is 6%.

4. Bank of China

The annual interest rate of China Bank's credit loan rises on the benchmark interest rate. The specific annual interest rate is determined according to the lender's qualification, and generally rises by 20% on the benchmark interest rate;

Verb (abbreviation of verb) Shanghai Pudong Development Bank

The annual interest rate of Shanghai Pudong Development Bank's credit loan is between 0 and 0, calculated according to your loan term. The shortest loan period is 6 months and the longest is 5 years.

6. China Merchants Bank

Credit loans of China Merchants Bank are divided into daily interest rates of individuals and enterprises and annual interest rates of individuals and enterprises. The daily interest rate of personal loans is within one ten thousandth of the annual interest rate, and the daily interest rate of corporate loans is between one ten thousandth and zero.

7. Ping An Bank

Credit loans from Ping An Bank are particularly difficult, because besides interest, there are also premiums. After reading the above introduction, I believe everyone has a good idea of which bank credit loan to choose. It should be noted that when applying, everyone must calculate the monthly contribution in detail, whether it is affordable; I feel that banks without loans are the best, and only those that suit me best are the best.

What is the interest rate of bank credit loan?

The loan interest rate of credit cooperatives within one year is generally 4.35%; The loan interest rate within one year to five years is 4.75%; The interest rate for loans with a term of more than five years is 4.90%. You can contact the credit union for consultation.

Letter of credit clause

The borrower shall meet the following basic conditions when applying for a loan: the products are marketable, the production and operation are profitable, the credit funds have not been misappropriated, and the credit is strictly observed:

Have the ability to repay the principal and interest on schedule. The original loan interest payable and the loan due have been basically paid off; If there is no repayment, a repayment plan approved by the lender has been made.

Except for natural persons and enterprise legal persons who do not need to be approved and registered by the industrial and commercial department, they shall go through the annual inspection procedures at the industrial and commercial department.

Basic account or general deposit account has been opened in rural credit cooperatives, and a certain amount of payment deposit has been reserved in this account; Voluntary acceptance of the supervision and inspection of credit and settlement by lending institutions can ensure that business plans and related business and financial statements are submitted to lending institutions on a regular basis.

To apply for guarantee or mortgage loan, there must be a loan guarantor, loan collateral or pledge that meets the requirements. The loan guarantor must be an enterprise or economic entity that opens a deposit account in a rural credit cooperative with good economic benefits and reliable credit. The loan collateral must comply with the provisions of the Civil Law (202 1 1 1) and relevant laws and regulations. In principle, it should be mainly real estate (such as houses and land), and it should be commercialized and easy to realize.

The asset-liability ratio of rural borrowers shall not be higher than 70%.

Rural borrowers must apply for loan cards in accordance with the provisions of the People's Bank of China, and go through the annual inspection procedures in accordance with the provisions.

Loan process of rural credit cooperatives

Fill in the loan application form in the loan business hall of the local rural credit cooperative, and clarify the basic situation of yourself and your family, such as name, age, family members, contact information, etc. , and clear the purpose of the loan, such as repairing houses, expanding production, purchasing agricultural machinery, etc.

Credit cooperatives inquire about personal credit, family wealth and daily production and operation, determine the loan amount, loan term and applicable interest rate according to the results of inquiry and visit, and determine the loan amount, term and repayment method according to the actual situation of individuals.

After the rural credit cooperatives have passed the preliminary examination, they shall sign loan contracts and go through mortgage procedures according to regulations. After all the formalities are completed, the rural credit cooperatives will issue loans within three days. It is worth mentioning that the lenders of rural credit cooperatives must set up loan cards in accordance with the regulations of the People's Bank of China, and set up annual inspection procedures in accordance with the regulations.

Loans need a good reputation. If the credit card is not repaid before or the loan is not repaid on time, the loan is generally not good. Therefore, friends who have already brought money must have credit and take the initiative to repay at the repayment time. Long-term non-repayment will be promised by the bank, and then the bank will be blacklisted, and the people will be listed as untrustworthy enforcers.

The introduction of credit loan interest rates of banks ends here.