handle the car loan process. Generally, the lender is a valid personal identity document. Including resident identity cards, household registration books, etc. If the borrower is married, please provide the spouse's identity certificate (note: under the same conditions, married people are more likely to get loans than unmarried people). The car loan regulations are as follows:
Application materials to be provided:
Personal valid identity documents. Including resident identity cards, household registration books, etc. If the borrower is married, the identity certificate of the spouse shall be provided;
proof of car purchase intention issued by the car dealer;
household registration certificate or long-term residence certificate;
personal income certificate, and family income or property certificate when necessary;
if the purchased vehicle is secured by other means than mortgage, relevant materials for the guarantee shall be provided;
proof of down payment for car purchase;
if the vehicle purchased by the loan is a commercial vehicle, it is also necessary to provide proof that the purchased vehicle can be legally used for operation.
Precautions for car loan:
Loan target: a natural person with full civil capacity, aged between 18 and 6;
loan amount: if the purchased vehicle is self-used, the loan amount shall not exceed 8% of the price of the purchased vehicle; If the purchased vehicle is a commercial vehicle, the loan amount shall not exceed 7% of the price of the purchased vehicle, of which the loan amount for commercial trucks shall not exceed 6% of the price of the purchased vehicle;
loan period: the purchased vehicle is self-used, and the longest loan period shall not exceed 5 years; The purchased vehicle is a commercial vehicle with a loan term of no more than 3 years;
loan interest rate: subject to the loan interest rate regulations of China Construction Bank;
repayment method: if the loan term is less than one year, it can adopt any repayment method of monthly interest, equal repayment of principal and interest, average capital repayment method, one-time repayment of principal and interest, etc. If the loan term is more than one year, the method of equal principal and interest and average capital repayment can be adopted. The specific repayment method shall be negotiated between the handling bank and the borrower and agreed in the loan contract.
Handling process:
Customer application, the customer applies to the bank, fills in the application form in writing and submits relevant materials at the same time;
after signing the contract, the bank investigates and approves the application materials submitted by the borrower, the two parties sign a loan contract and a guarantee contract, and go through relevant notarization and mortgage registration procedures as appropriate;
Loans are issued. After all the formalities are completed, the bank will directly transfer the loans to the account of the automobile dealer according to the contract.
repayment on schedule means that the borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;
loan settlement. Loan settlement includes normal settlement and early settlement as follows:
(1) Normal settlement: the loan is settled on the loan maturity date (one-time repayment of principal and interest) or the last installment of the loan (installment repayment);
(2) early settlement: before the maturity date of the loan, if the borrower settles the loan in part or in whole, he must apply to the bank in advance according to the loan contract, and the bank will make repayment at the designated accounting counter after approval.
after the loan is settled, the borrower should take back the legal documents and relevant supporting documents taken into custody by the bank with his valid identity certificate and the loan settlement certificate issued by the bank, and go through the mortgage registration cancellation formalities with the original mortgage registration department with the loan settlement certificate.