Comparatively intermediate interest rates.

Ping An Bank’s car loan interest rate is based on the central bank’s commercial loan benchmark interest rate, which is raised by a certain proportion. The current central bank’s commercial loan benchmark interest rate is as follows:

1. The annual interest rate for commercial loans within one year is 4.35.

2. The annual interest rate for commercial loans within one to five years is 4.75.

3. The annual interest rate for commercial loans over five years is 4.90.

1: What is a car loan

A car loan refers to a loan issued by a lender to a borrower who applies to purchase a car. Auto consumption loans are a new type of loan that banks issue RMB-guaranteed loans to car buyers who purchase cars at authorized dealers.

The interest rate of automobile consumer loans refers to the ratio of the loan amount to the principal amount issued by the bank to the consumer, that is, the borrower, for the purchase of a self-use car (non-profit family car or commercial vehicle). More than 7 seats (included). The higher the interest rate, the larger the consumer's repayments.

Two: Car loan conditions

1. Have a valid identity certificate and full capacity for civil conduct;

2. Be able to provide proof of a fixed and detailed address;

3. Have a stable career and the ability to repay the principal and interest of the loan on time;

4. Have good personal social credit;

5. Hold a credit card approved by the lender Car purchase contract or agreement;

6. Other conditions stipulated by the cooperative agency.

Three: Car loan application process

First of all, the lender needs to prepare ID card, residence permit, work certificate, loan purpose certificate and other supporting materials, go to the bank to fill in the application form and fill in the contract .

Then, wait for the bank’s pre-loan qualification review and approval. If the borrower meets the loan conditions specified by the bank, the bank will notify the lender to fill in some loan forms and materials.

If the loan applied for by the lender requires mortgage or guarantee, it is also necessary to sign a guarantee contract and mortgage contract and go through the mortgage registration procedures; if it is an unsecured loan, there is no need to sign such a contract.

Secondly, banks provide loans to borrowers. Generally, banks will issue the loan after approval within 2-3 weeks or 1 month, and the fastest is one day.

Finally, the borrower pays the down payment to the car dealer and goes through the car pickup procedures with the passbook and the car pickup order issued by the bank.

In the process of applying for a personal car consumer loan, the applicant needs to provide copies of ID card, household register, marriage certificate, income certificate and bank statement.

If you want to save loan interest, you should pay attention to these points:

1. Before applying for a car mortgage loan from Ping An Bank, you can go to Ping An Bank to handle some other matters. Businesses, such as time deposits, financial management, etc. It would be even better if you can apply for a Ping An Bank credit card.

2. When applying for a Ping An Bank car mortgage loan, the more detailed information you provide, the better. In addition, everyone must ensure that all information is true and credible, and never falsify for the sake of details.

3. When we provide cars, under the condition of a certain loan amount, the higher the value of the car, the better. In other words, the more secure the bank's funds are, the more loan interest you can get.

4. When applying for a car mortgage loan from Ping An Bank, you can also purchase corresponding insurance to enhance your repayment ability.