ICBC Credit Card Loan Process Car Purchase Process: After you are optimistic about the vehicle to be purchased, fill out the Application Form for Automobile Consumption Loan and the Credit Status Questionnaire, and submit them to ICBC for loan application together with relevant certificates of personal situation. 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. Notify the borrower to sign the loan contract, guarantee contract and mortgage contract, and go through the mortgage registration and insurance procedures. Generally speaking, the credit card loan amount for car purchase by installment can be 60% to 70% of the car payment, which means that the down payment is generally above 30%, and the maximum loan can generally be 200,000, but not less than 30,000. Different banks are different for different cars. Basically, mid-range cars and low-range cars can be bought in installments. Precautions for buying a car with a credit card The down payment for buying a car cannot be paid with a credit card; If you want to repay the loan in installments in advance, the handling fee will not be refunded; Vehicles purchased by credit card in installments must be insured against vehicle theft and vehicle loss, and the insurance period is consistent with the installment period; If it is a CCB credit card car purchase, the handling fee needs to be paid in one lump sum at the first repayment. The borrower pays the down payment to the car dealer, and goes through the formalities of car pick-up with the passbook and the car pick-up note issued by the bank.