Bank loan refers to an economic behavior in which an individual or enterprise lends funds to a bank at a certain interest rate to individuals or enterprises in need of funds in accordance with the policies of the country where the bank is located, and repays the funds within an agreed period.

Required conditions for borrowers:

1. Natural persons aged 18-60 years old (Hong Kong, Macao, Taiwan, Mainland China and foreign nationals are also acceptable)

2. Have Stable career, stable income, and the ability to repay the principal and interest of the loan on time

3. The borrower’s actual age plus the loan application period should not exceed 70 years old

Materials the borrower should provide:

1. ID cards, household registers of both spouses/temporary residence permit and household register for foreigners

2. 2 copies of marriage certificate/divorce certificate or court judgment/single certificate

3. Proof of income (format designated by the bank)

4. Copy of the business license of the unit (with official seal)

5. Credit certificate: including academic certificate, others Real estate, bank statements, certificates of deposit, etc.

6. If the borrower is a corporate legal person, it must also provide an annual inspection business license, tax registration certificate, organization code certificate, corporate articles of association, and financial statements.

Extended information:

According to the "Interim Measures for the Administration of Personal Loans":

Article 23

The lender shall contact the borrower The person shall sign a written loan contract, and if a guarantee is required, a guarantee contract shall be signed at the same time. Lenders should require borrowers to sign loan contracts and other relevant documents in person, except for loans processed through electronic banking channels.

Article 24

The loan contract shall comply with the provisions of the "Contract Law of the People's Republic of China" and clearly stipulate the good faith commitments of the parties and the purpose of the loan funds. , payment object (scope), payment amount, payment terms, payment method, etc.

The loan contract should set up relevant clauses to clarify the liability for breach of contract if the borrower fails to perform the contract or fails to perform the contract.

Article 25

Lenders should establish and improve a contract management system to effectively prevent legal risks in personal loans.

If the loan contract adopts standard clauses, the legitimate rights and interests of the borrower shall be protected and made public.

Article 26

The lender shall comply with the relevant laws and regulations such as the Property Rights Law of the People’s Republic of China and the Guarantee Law of the People’s Republic of China. stipulate and standardize guarantee procedures and operations.

The lender shall participate in the registration of collateral as stipulated in the contract. If the lender entrusts a third party to handle the matter, the registration status of the collateral should be verified

For personal loans guaranteed by guarantee, the lender should have no less than two credit officers complete the verification.

Article 27

Lenders should strengthen the management of loan issuance, follow the principle of separation of loan review and lending, and establish independent loan management departments or positions to be responsible for the implementation of loan conditions, and issue personal loans that meet the agreed conditions.

Baidu Encyclopedia-Bank Loans