1. How to apply for interest-free loans from rural credit cooperatives?

2. Conditions to be met when applying for an interest-free loan:

1. The loan applicant must have certain repayment ability;

2. Having legal business procedures and breeding certificates;

3. It has a fixed business site, a farm site and certain self-owned funds;

4. The business project conforms to the national industrial policy;

5. Personal credit is good.

2. What are the requirements and documents for interest-free loans of rural credit cooperatives?

Conditions for interest-free loans of banks:

1. China citizens aged 18 to 45 with full capacity for civil conduct.

2. Proof of fixed residence and business place. The proof of fixed residence can be the real estate license (or the real estate license of parents' names), and the proof of business place should hold the business license issued by the administrative department for industry and commerce and the business license of related industries, indicating that it is engaged in normal production and business activities.

3. proof of funds. The loan applicant's investment project requires that he already has some self-owned funds. This is an important condition for banks to measure whether to lend or not, because the amount of venture loans is generally not more than 7% of the total amount of funds needed by lenders for normal production and business activities, as well as for purchasing (installing or repairing) small equipment and franchising.

4. settlement account. The loan applicant must open a settlement account with the bank he is lending, and the operating income must be settled by the bank. Moreover, the purpose of the loan conforms to the relevant national laws and the provisions of the Bank's credit policy, and it is not allowed to be used for other speculative investment projects such as equity.

5. loan guarantee. Loan applicants need to provide certain guarantees, including real estate mortgage, certificate of deposit pledge and third-party guarantee. In addition, they should provide some information about their credit status, repayment ability and loan investment to the bank as much as possible, which will increase the credibility of the loan and facilitate the smooth acquisition of the loan.

6, good reputation, no bad records.

7. The project conforms to the national industrial policy and regional economic development, and has good economic and social benefits. Entrepreneurs can consult the local labor department if they want to apply. At present, whether individuals pay interest first, then financial subsidies, or financial interest in advance has not yet been determined, but the financial discount is certain.

Extended data interest rate

"Zero interest rate" is a loan contract reached between banks and individuals or organizations through mutual trust.

generally international private commercial banks grant interest-free loans.

including bank loans for consumer shopping or further education.

a handling fee of about 1% will be charged, which is a bank's income.

at least offset the administrative expenses, and then the bank will cooperate with the request to join credit cards or various members or open trading accounts when making interest-free loans. This is an ingenious way to expand customers.

Process

Small secured loans have a clear division of labor among various departments. The application is accepted by the labor department, and then the guarantee institution confirms the guarantee, and finally the bank applies for the loan. Entrepreneurs can consult the local labor department if they want to apply. At present, whether individuals pay interest first, then financial subsidies, or financial interest in advance has not yet been determined, but the financial discount is certain.