1. The loan term is within one year (inclusive) and the annual interest rate is 4.35%; 2. The loan term is from one year to five years (inclusive), and the annual interest rate is 4.75%; 3. If the loan term is more than five years, the annual interest rate is 4.9%.

Rural commercial banks (formerly rural credit cooperatives) are an important part of China's financial system and the main cooperative financial organization form at present. China Rural Commercial Bank is an independent enterprise legal person, responsible for the debts of rural credit cooperatives with all its assets, enjoying civil rights and bearing civil liabilities according to law. Efforts to promote the transformation of rural credit cooperatives into modern enterprises and give full play to the role of rural credit cooperatives as the main force in supporting agriculture are important arrangements made by the China Financial Work Conference, and are also the top priority for deepening the reform of local financial institutions.

Loan interest rate of rural credit cooperatives

The loan interest rate of rural credit cooperatives is based on the benchmark interest rate of central bank loans and adjusted according to the specific conditions of lenders. The lower limit is 0.9 times of the benchmark interest rate and the upper limit is 2.3 times of the benchmark interest rate. Details are as follows: 1. The commercial loan interest rate of rural credit cooperatives: 5.60% for less than 6 months (including 6 months), 6.00% for 6 months to 1 year (including 1 year), and 6.65438+ for 1 year (including 3 years). 2. Interest rate of provident fund loans of rural credit cooperatives: 4.00% within 5 years (including 5 years) and 4.50% over 5 years. Next, Bian Xiao will briefly introduce the application conditions for applying for loans from rural credit cooperatives. Information needed to apply for a loan from a rural credit cooperative 1. The applicant fills in the personal loan application form and fills in the information; 2. Carry a valid ID card or household registration book; 3. Provide a description of family property and the income certificate issued by the unit or neighborhood committee where the applicant and his spouse work; 4. The valid identity certificate and photocopy of the property co-owner, as well as other necessary related materials.

How to calculate the interest on provident fund loans?

The provident fund bears interest.

The housing provident fund paid by individuals and units shall bear interest from the date of deposit in the provident fund account. The housing provident fund stored in that year bears interest according to the interest rate of residents' savings deposits, and the principal and interest of the housing provident fund carried forward from the previous year bear interest according to the three-month lump-sum withdrawal rate.

20 15,101October 24, the interest rate of provident fund loans was adjusted and implemented. The interest rate of provident fund loans for more than five years is 3.25%, the monthly interest rate is 3.25%/ 12, and the interest rate of provident fund loans for less than five years is 2.75% per year, which is consistent throughout the country.

The fiscal year of the provident fund is from July 1 day of the current year to June 30th of the following year, and the interest will be settled on June 30th every year.

For example, an employee started to pay the provident fund in September 2009, and the amount paid each time was 200 yuan, plus the company's 200 yuan, and the monthly account balance was 400 yuan until June 30, 20 10.

There is a balance of 4,000 yuan in the employee provident fund account, and this 4,000 yuan bears interest at the current interest rate of 0.36%: the interest of the current year is 4,000 yuan (0.36/100/1210 month) = 12 yuan; Current principal and interest: 4000 12 = 40 12 yuan.

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

The definition of housing provident fund includes the following five aspects:

1. The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.

2. Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.

3. The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.

4. The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.

5. Housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure, which has two characteristics: accumulation and specificity.

Main attributes

Housing accumulation fund:

1, security, the establishment of employee housing provident fund system, providing a guarantee for employees to solve housing problems faster and better;

2. Mutual assistance, the establishment of housing provident fund system can effectively establish and form a mechanism and channel for workers with housing to help workers without housing. Housing provident fund provides financial assistance to workers without housing, which reflects the mutual assistance of housing provident fund to workers;

3. In the long run, every urban employee must pay personal housing provident fund from the date of joining the work to the date of retirement or termination of labor relations; The employee's unit should also pay the housing provident fund for employee subsidies as required.

main feature

housing accumulation fund

1, universal, urban workers, regardless of the nature of their work units, family income, and whether they have housing, must pay the housing provident fund in accordance with the provisions of the Regulations;

2, mandatory (policy), the unit does not apply for housing provident fund deposit registration or does not set up housing provident fund accounts for employees of the unit, the housing provident fund management center has the right to order it to handle within a time limit, overdue, can be punished according to the relevant provisions of the "Regulations", and can apply to the people for compulsory execution;

3, welfare, in addition to the housing provident fund paid by employees, the unit has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than that of commercial loans;

4. Repayment: the employee retires, resigns, or completely loses the ability to work and terminates the labor relationship with the unit, and the household registration moves out or settles abroad. The paid housing provident fund will be returned to individual employees.

20 19 what is the personal loan interest rate of rural credit cooperatives?

Rural credit cooperatives, referred to as rural credit cooperatives and rural credit cooperatives for short, refer to rural cooperative financial institutions established with the approval of the People's Bank of China, which are composed of members' shares, implement democratic management and mainly provide financial services for members.

Rural credit cooperatives have a lot to do with our farmers and rural areas. Many farmers choose rural credit cooperatives for financing, so what is the personal loan interest rate of 20 19 rural credit cooperatives?

First of all, let's look at the central bank loan interest rate, as follows:

For short-term loans within one year (inclusive), the loan interest rate is 4.35%; For medium-term loans from one year to five years (inclusive), the loan interest rate is 4.75%; For long-term loans of more than five years, the loan interest rate is 4.9%.

If it is a personal provident fund loan, the loan interest rate is 2.75% for short-term and medium-term loans of less than five years (inclusive); For long-term loans of more than five years, the loan interest rate is 3.25%.

Note: The real interest rate of the main loan products of rural credit cooperatives will fluctuate on the basis of the central bank's benchmark interest rate, subject to the approval.

When we need funds, it is legal to borrow from rural credit cooperatives or banks, but the loan interest rate may be different; In fact, the loan interest rate may be different for the same bank and different projects.