Legal analysis: Postal Savings Bank’s loan policy for civil servants is: 1. Aged between 25 years old (inclusive) and 55 years old (inclusive), and a formal employee of the unit; 2. The individual has no bad credit record, and the name Apart from the mortgage and credit card overdraft, there are no other liabilities; 3. Five or more people in this unit voluntarily form a group, and they do not assume joint and several liability for each other, and each uses their own funds. Product features: 1. The procedure is simple, and only the original personal ID card and the organization certificate of the unit are required; 2. The credit limit is high, with a maximum credit of 500,000 yuan (deputy section level and above are required to provide employment documents); 3. The interest rate is low, and the loan is purely credit-based. Far lower than standard consumer loan interest rates.
Legal basis: Article 667 of the "People's Republic of China and Civil Code" A loan contract is a contract in which the borrower borrows money from the lender, returns the loan and pays interest when due.