1. First, buy a car and sign a car purchase agreement.
2. Then submit the car loan application and related materials to China Merchants Bank, and the lending institution will review it, and sign a car loan contract with the applicant after passing the review.
3. The borrower goes to the vehicle management office for mortgage notarization and other formalities. After the formalities are completed, the borrower will hand over the documents to China Merchants Bank, which will lend money according to the car loan contract.
4. After the loan application, the applicant can repay the loan in cash at any outlet of China Merchants Bank; Online bank repayment; Repayment through mobile banking and third-party platforms.