1. Construction Bank Decoration Loans

House renovation loans are available, and some banks have specialized home renovation loan business.

For example, CCB’s Anju installment loan:

1. Anju installment business

refers to the cardholder’s application to use his/her credit card

Purchase goods or services at CCB-designated Anju merchants (specifically including: decoration, building materials, furniture, home furnishings, home appliances, weddings, education and training, tourism, department stores, etc.). After CCB’s approval, the cardholder can go through the CCB-designated merchants

A special installment POS machine is used to pay housing payments. The corresponding transaction amount is divided into several installments, and the cardholder repays the payment on a monthly basis within the agreed period and pays a certain handling fee.

2. Two modes of housing installments

① You can choose a decoration company that cooperates with China Construction Bank to contract the work and materials, and pay the decoration company in one lump sum.

② You can also choose multiple tiles, wallpapers, cabinets, furniture, home appliances and other merchants that cooperate with CCB at the same time, purchase materials, and decorate by yourself.

3. Number of periods, quota and usage, handling fees

①Number of periods: 6, 12, 18, 24, 36, each period is one month.

②Amount and use: The application limit is more than 20,000 yuan (inclusive) and less than 1 million (inclusive). The limit is valid for 6 months from the date of loan; the card can be swiped multiple times at different merchants, but The amount of each card swipe must not be less than 1,000 yuan.

③ Handling fee: The total handling fee is 2% for 6 months, 4.5% for 1 year, 6% for 18 months, 8% for 2 years, and 12% for 3 years. The merchant will bear a high handling fee. 1%, the rest of the handling fee is borne by the customer.

IV. Business Features

①Special quota - Exclusive installment quota, which does not affect the use of the customer's fixed credit card limit.

② Flexible use - Flexible use by multiple designated cooperative merchants. Compared with the entrusted payment method of personal loans, the scope of customer consumption is wider.

③Simple procedures - Exclusive one-stop channel processing, customer application procedures are simple and fast.

5. Information required for customer application

①"Application Form for Longka Credit Card Anju Installment Business";

②Proof of identity;

③Copy of China Construction Bank credit card (front and back);

④Proof of financial resources;

⑤Proof of real estate;

⑥"Long Card Credit Card Anju Installment Business" Letter of Commitment for Limit Usage";

⑦"Long Card Credit Card Anju Installment Business Interview Questionnaire".

Note: Applicants who need to renovate their houses must be the owner himself and the owner’s spouse, parents, children, etc.

6. Loan and use

① From the time CCB receives the customer’s complete application information to the time the credit is credited, you can pay by credit card. It takes about 10 working days for customers with a card and for customers without a card. It takes about 15 working days.

② During the approval process, CCB staff need to contact the applicant to check the relevant information of the application. Applicants are requested to keep their contact number open after submitting the application to avoid affecting the timeliness of the approval.

③After approval, CCB will notify the cardholder via text message or phone call that the credit limit has been received. Cardholders take CCB credit cards to cooperative merchants and use CCB's dedicated POS machines to pay with their cards. The special quota can be used in installments according to the progress of the renovation project, but the amount of each card swipe cannot be less than 1,000 yuan. At the same time, please pay attention to check the number of installments and handling fees listed on the POS receipt after swiping the card.

7. Handling fee collection and repayment

① Anju installment payment business "0" interest, "0" down payment, handling fee will be collected in one lump sum when repaying the first installment, the amount No handling fee will be paid if you don’t use it after receiving the account.

② For example: The customer swiped the card on the 16th to purchase a one-year Anju installment of 100,000 yuan, with a handling fee of 3.5%. The billing date is the 17th of each month, and the due repayment date is the 7th of the following month. The total amount required for the first repayment = 100,000 yuan 3.5% 100,000 yuan / 12 = 35008334 = 11,834 yuan, and each repayment in the next 11 months will be 8,334 yuan.

2. Is there a daily limit for Construction Bank decoration loans?

Yes, CCB decoration loan can get 10,000 yuan a day.

If you want to apply for a decoration loan from China Construction Bank, you must have a Long Card of China Construction Bank, which means that China Construction Bank's decoration loans are currently only for Dragon Card holders of the bank. If not, the application will definitely be rejected.

2. CCB’s renovation loan has relatively strict requirements on the applicant’s personal credit report. If the applicant’s personal credit report has bad records such as overdue payment, CCB will definitely not approve it.

3. What is the amount and term of CCB’s home decoration loan?

The starting point for a personal home decoration loan is RMB 5,000 (including RMB 5,000), and the maximum cannot exceed RMB 150,000 (including RMB 15,000). million). Among them: if a mortgage is used as a guarantee, the loan limit shall not exceed 70% of the value of the pledged property; if a pledge is used as a guarantee (limited to Construction Bank deposit certificates), the loan limit shall not exceed 90% of the pledged value.

The minimum term of a personal home decoration loan is half a year, and the maximum term shall not exceed 5 years (inclusive). Among them, if the house renovated with a loan is a non-owner-occupied house, the loan term shall not exceed 3 years (inclusive).

IV. What is the amount and term of CCB’s home decoration loan?

The starting point for a personal home decoration loan is RMB 5,000 (including RMB 5,000), and the maximum cannot exceed RMB 150,000 (including RMB 15,000). For a guarantee of 10,000 yuan, the loan limit shall not exceed 70% of the value of the pledged property; for a pledge guarantee, the loan limit shall not exceed 90% of the value of the pledged property.

The minimum term of a personal home decoration loan is half a year, and the maximum term shall not exceed 5 years (inclusive). The maximum loan period for renovation shall not exceed 3 years (inclusive).