As one of the few credit card cash overdraft transfer businesses of Industrial Bank, Industrial Bank has attracted the attention of cardholders. Many card friends don't know much about the loan amount. I wonder if they will share it with credit cards after applying. If so, it means that the credit card limit will be reduced after the application. Next, take a minute to introduce whether the loan amount is shared with the credit card amount.

Does Industrial Bank share the loan and credit card quota?

The application amount of Industrial Loan is within the available cash advance limit, which is included in the credit card limit, generally a certain proportion of the credit line. In other words, Industrial Loan is shared with the credit line, and it will occupy the credit line after successful application.

For example, suppose that your credit line of Industrial Credit Card is 300 million yuan, the cash advance line is 20,000 yuan, and you apply for a loan of 6,543.8+0,000 yuan. After successful application, the loan amount of 654.38+00,000 yuan will be frozen in the credit line, so the available line is 20,000 yuan, and the cash advance line is 654.38+00,000 yuan.

Although the loan will occupy the credit line, it will restore part of the credit line with the repayment.

It is worth noting that the loan term can be selected within 1~99 days, and the daily interest rate is five ten thousandths.

Suppose you borrow 1 0,000 yuan with a loan and pay it back in 90 days, that is, in three months. You only need to pay the interest generated in the first two months, that is, 150 yuan, and then repay the loan amount in one lump sum on the agreed repayment date 100 yuan+residual interest 150 yuan.

The final available line is10000+150 * 3 =10450 yuan.

The above is "Analysis for you in one minute: Does Societe Generale share the loan and credit card quota?" Related introduction. In short, Xingye's loan quota and credit card quota are shared. After the successful application, the loan amount will be frozen in the credit limit, but with the monthly repayment, a part of the loan amount will be restored until the final repayment.