Bank of communications credit card can be used to borrow money to buy a car. The so-called loan to buy a car refers to the installment payment that the cardholder applies to the bank when he agrees to pay the down payment. There are three stages: 12 months, 24 months and 36 months. After approval, you can go to the 4S store that cooperates with Bank of Communications to buy the model you like.

To apply for a car loan from Bank of Communications, you need to meet the following conditions:

1. A natural person with full capacity for civil conduct (including Hong Kong, Macao and Taiwan and overseas people) has a fixed residence in the local area.

2. Age plus loan period shall not exceed 60 years old.

3. Good credit status, legitimate occupation and stable income source. 、

The process is as follows:

(1) filing an application. After you are optimistic about the vehicle to be purchased, fill in the Application Form for Automobile Consumption Loan and the Credit Status Questionnaire, and submit them to the loan bank together with the relevant certificates of personal situation.

(2) The bank conducts pre-loan investigation and approval. If the loan conditions are met, the bank will promptly notify the borrower to fill in various forms.

(three) notify the borrower to sign the loan contract, guarantee contract and mortgage contract, and go through the mortgage registration and insurance procedures.

(4) Loans issued by banks (directly transferred by banks to the account of automobile dealers).

(5) The borrower pays the down payment to the car dealership, and handles the car pick-up formalities with the passbook and the car pick-up note issued by the bank.