How much is the interest rate of ICBC e-loan?

The interest rate of ICBC e-loan is subject to the implementation of each branch. You can check the specific interest rate through online banking, mobile banking or business outlets. Sometimes ICBC will launch corresponding discounts. For example, high-quality credit card customers can enjoy preferential interest rates on e-loans, with annual interest rates as low as 4.875%, etc.

ICBC e-Loan loan period is generally 2 years, and can be up to 5 years. Suppose someone borrows 5,000 yuan and repays it after 20 days. The daily interest rate of the loan is 0.02%. The interest to be paid when repaying the loan is: 5,000 × 0.02% × 20 = 20 yuan.

ICBC e-loan refers to a loan product launched by the Industrial and Commercial Bank of China, but it must be issued to borrowers who meet specific conditions when applying. The minimum loan amount is 600 yuan, and the maximum amount is 800,000 yuan. Can be recycled. The loan term is generally 2 years, with a maximum of 5 years. There is no mortgage, no guarantee, and pure credit when handling. Different users receive different credit lines.

When applying for a loan, users can choose the repayment method and time according to their income. The repayment methods support four repayment methods: equal principal and interest, equal principal, scheduled interest payment and one-time principal repayment, and one-time principal and interest repayment. Repayment method supports early repayment. The repayment cannot be overdue, otherwise penalty interest will be incurred.

When applying for Rong e-loan, you can apply for "one-click loan" through online banking and mobile banking, and apply at business outlets. The required conditions for application include that the borrower is between 18 and 60 years old and has full civil capacity. ; The applicant’s work unit or habitual residence should be at the location of the loan-issuing institution; other conditions stipulated by ICBC, etc.

The loans applied for by Rong e-borrowing can be used for car purchases, home decoration, travel, shopping and other purposes, but they are not allowed to enter the securities market, futures market, or be used for equity investment or real estate market. They are not allowed to be used for Private lending. It should be noted that overdue repayment of Ronge Loan will result in a credit report, which will lead to a bad personal credit report.

Ronge Borrow has the following advantages and features:

Interest rate discount: Rong E Borrow calculates interest on a daily basis. Currently, Rong E Borrow has a loan of 10,000 yuan (one-year period) with the lowest daily interest rate. Less than 1 yuan.

Revolving credit: Rong e Borrow can be repaid at any time, and can be repaid in advance, and supports two repayment methods of equal principal and equal principal and interest. Some customers support the payment of interest on schedule and one-time repayment of the principal.

Flexible term: The minimum loan term of RongeDei is two months, and the maximum term is generally two years. Some customers can enjoy longer terms. You have the flexibility to choose the number of loan terms within the maximum loan term.

Better experience: no mortgage, no guarantee, pure credit, self-service application limit up to 200,000.

Convenient application: You can apply for it by yourself through various online channels such as ICBC e-Life, Rong e-Bank, Rong e-Link and online banking, or you can apply at our bank's business outlets. The loan is the fastest. Fast and real-time payment. How much is the interest rate for an ICBC e-loan of RMB 50,000? Different repayment methods have different interest rates

;? ICBC e-Loan is a personal credit product launched by the Industrial and Commercial Bank of China. Different from ordinary bank loans, it is unsecured, unsecured and relies solely on credit to lend. According to different qualifications of users, different evaluation values ??will be given, thereby providing different loan interest rates. Next, we will take ICBC e-loan 50,000 as an example to calculate the interest rates under different repayment methods.

1. The interest rate range and interest calculation method of ICBC e-loan. The interest rate of ICBC e-loan is calculated based on the latest quoted interest rate LPR in the loan market and is updated on a monthly basis. The minimum annual interest rate is due to the difference in interest rates. Pricing is standardized, and the specific loan interest rate for each person shall be subject to the actual display at the time of application.

2. Interest calculation method and repayment method of ICBC e-loan ICBC e-loan calculates interest on a daily basis based on the number of days the loan principal balance is actually occupied. You can repay in advance at any time, and you can choose to repay. There are three ways to repay the principal in equal amounts, equal amounts of principal and interest, and repayment of interest on schedule.

3. How much is the interest rate for an ICBC e-loan of RMB 50,000? According to feedback, the annual interest rate for most users of ICBC e-loan is approximately Suppose a loan of RMB 50,000 is repaid in one year, then:

< p>1. The total interest on the equal principal amount = 1560 yuan, the total principal and interest = 51560 yuan, the first month's repayment = yuan, and then the repayment amount will decrease by 20 yuan month by month, until the last month's payment = yuan.

2. Equal principal and interest. Total interest = yuan, total principal and interest = yuan, monthly repayment = yuan.

3. Repay the principal and interest once on schedule. Total interest = 2,880 yuan, total principal and interest = 52,880 yuan, monthly repayment for periods 1-11 = 240 yuan, and repayment for the 12th period = 50,240 yuan. The above is the relevant content about the interest rate of ICBC e-loan of 50,000 yuan. I hope it can be helpful to you. How much is the interest rate for a three-year loan of RMB 50,000? What does a credit card installment loan mean?

What is the interest rate for a three-year loan of RMB 50,000?

To calculate the installment interest, remember the installment interest rate and its repayment method. Here are some simple examples.

1. ICBC e-Loan

ICBC personal credit loan, the maximum installment payment is 3 years, the minimum annual loan interest rate is LPR+0.5% for the same period, and it is upgraded on a monthly basis. There are several repayment methods: equal principal repayment, equal principal and interest repayment, etc.

Assuming that the annual interest rate of the loan is 4.8%, the calculated monthly installment interest rate is 0.4%, and the principal and interest are repaid in equal amounts. In this way, the 3-year installment interest on the loan of 50,000 yuan totals 3,786.13 yuan.

2. China Merchants Union Good-term Loan

The loan products of China Merchants Union Consumer Finance can be paid in installments up to 36 months. The annual loan interest rate range includes 7.3%-23.725%. The applicable There are several repayment methods including daily interest calculation and equal principal and interest repayment.

Assuming that the annual interest rate of the loan is 7.3%, the monthly interest rate is about 0.6%, and the principal and interest are repaid in equal amounts. In this way, the interest of the loan in installments of 50,000 and 3 years will be 5,826 yuan.

3. Aiyoumi

Lexin Group's personal loan business service platform allows for installments of up to 3 years, with interest calculated on a daily basis, and the daily interest rate starts at least 0.03%. The repayment method also supports equal repayment of principal and interest.

Assuming that the daily interest rate is 0.03%, and a month is calculated as 30 days, the monthly interest rate is 0.9%, and the principal and interest are repaid in equal amounts. In this way, the interest for the 53-year loan will be 8,759.35 yuan.

The actual charging standards are subject to the regulations of each bank;

First: When applying for installment repayment, you must pay it off in one go. If you cannot repay the installments, the loan will be overdue. , if it affects your personal credit, you can call the bank’s customer service hotline to find out.

Second: Although bank credit card installment repayment does not result in loan interest, there is a payment handling fee. The number of installments on the bank statement of each bank is different. Depending on the number of installments, the procedures are different. Rates also vary. Installment repayment fees are 0.6%-1.5% in most banks, and more than 10% in some banks. Taking six-instal repayment of 10,000 points as an example, five banks, Industrial Bank, Agricultural Bank of China, China Construction Bank, and Postal Savings Bank of China, charge the least amount of handling fees.

Third: The handling fee for each installment of the bill installment is generally the total amount of the installment multiplied by the interest rate for each installment. The total amount of the installment payment is amortized on an average basis on a monthly basis, and the dividend is recorded in the last period. The amount of each installment and the handling fee of each period are recorded at the same time. There are also banks that charge a one-time fee for installment payment. Installment repayment is generally more beneficial to card users who have relatively large amounts and are unable to repay in one go over a long period of time, as it can prevent compound interest from occurring.

Another thing is: when choosing installment repayment, you need to pay attention to ask the relevant information of the bank, such as how much credit limit can be used to repay in installments, how to calculate and charge handling fees; understand the prerequisites and conditions of credit card consumption. The amount of overdraft that can be obtained in each installment; find out whether the chosen installment payment method is exempt from handling fees. If not, what is the interest rate of handling fees and how to calculate it; choose to swipe the credit card first, and then apply at the bank Customers who use the installment payment method should know the bank's processing procedures to avoid application failure and disrupting the payment plan.