Bank of China loans to buy a car are:

First, customers can go directly to the bank for loans before buying a car;

Second, the customer first goes to the car dealer to see the car, and then applies for a car loan through the dealer (what procedures are required for loan to buy a car);

The third is the credit card installment car purchase business and so on. However, each loan method has its advantages and disadvantages, and consumers should choose according to their own actual situation when choosing.

China's new car loan model "car loan"

"Car Loan Link" is a brand-new car loan model, and China Bank grants a large special installment quota according to the applicant's credit status to meet the applicant's car purchase demand. The advantage of car loan is that there is no minimum repayment amount, that is, the minimum repayment amount, and the arrears are repaid monthly according to the requirements of credit bills, and there is no vehicle type limit.

Flow chart of car loan service in China: down payment of more than 30% of car payment → application for car loan service of Bank of China → bank review → car mortgage and credit card installment transaction → driving home.

Second, China loan car application process:

First fill out the application form and go to the bank where you work, and then prepare the second-generation ID card and the front and back copies of the ID card, as well as the work certificate issued by the company in the last month. The certificate should be embodied in 3231313353236313431303231363533E78988E69833133365653933. The current device has been working continuously for at least 6 months. Provide the bank payroll and loan use certificate in my name for nearly 6 months, mainly including the car purchase contract (the seller's driving license is required at the same time for used cars), the real estate license of renovation contract and the renovated real estate, the certificate of studying abroad, the business sales contract, etc. At the same time, show Mo's bank debit card and a copy. Finally, submit the application and someone will contact you then.

How to get a car loan from China Bank, what are the requirements and procedures?

To apply for a personal car loan from China Bank, the following conditions must be met at the same time:

1, a natural person who has reached the age of 18, has full capacity for civil conduct, holds valid identity documents meeting regulatory requirements and has a fixed detailed address;

2. People's Republic of China (PRC) citizens with permanent residence in China, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) for more than 1 year (including 1 year) and have their own property in the place where the loan is applied;

3. Have a sustained and stable legal income or personal legal assets sufficient to repay the loan principal and interest, and have the ability and willingness to repay the loan principal and interest on schedule;

4. Personal credit status is good, and there is no bad credit record in BOC and its peers;

5. Being able to pay the down payment for car purchase that meets the requirements of laws, regulations, regulatory provisions and these Measures;

6. Provide effective guarantee recognized by China Bank;

7. The purpose of the loan is clear and legal, and it can provide a car purchase contract, agreement or letter of intent approved by BOC;

8. You need to open a deposit account with BOC before handling the loan;

9. If entrusted payment is adopted, valid counterparty account information shall be provided. To meet the conditions of independent payment, you need to submit personal account information;

10. Comply with laws, regulations, regulatory requirements and other conditions stipulated by Bank of China.

Information to be provided:

1. loan application (including the borrower's name, address and effective contact information);

I have valid identification materials. Married customers need to provide proof of spouse's identity and marital status;

3. Proof of income/assets;

4. Credit inquiry authorization (married customers including spouses);

5 car purchase agreement, contract or letter of intent signed with the dealer;

6. Certificates or documents required for guarantee (originals and photocopies are required), including but not limited to car purchase invoices and motor vehicle registration certificates; List of mortgaged (pledged) items and the certificate (signed by myself) that the person (including the property co-owner) who has the right to dispose of the items agrees to mortgage (pledge); Certificate of ownership or use right of mortgaged property issued by the competent department, certificate of value of mortgaged property, and document that the borrower agrees to handle insurance for the vehicle (if necessary); Pledged goods shall be delivered with pledged goods or rights certification documents (if necessary); Basic information and financial proof materials of the guarantor, the guarantee contract (if necessary) and relevant credit proof materials for agreeing to perform joint and several liability guarantee; Certification documents that meet the credit conditions of unsecured consumer loans (when necessary);

7. Relevant certificates that the down payment has been paid;

8. Other documents required by China Bank.

For details, please consult the loan handling bank of China.

The above contents are for your reference. Please refer to the actual business regulations.

What is the car loan interest rate of China Bank?

The car loan interest rate of China Bank is as follows: 1, short-term loan, 4.86 within half a year (including half a year), 5.31from half a year to one year (including one year); 2. Medium-and long-term loans, 1-3 years (including 3 years) 5.40, 3-5 years (including 5 years) 5.76, and more than 5 years 5.94; 3, the general customer loan amount is not higher than 60% of the car price in principle, and the guarantee provided by high-quality customers is not higher than 70% of the car price in principle; In principle, the loan amount for high-quality customers is not higher than 70% of the car price.

Hello, I want to borrow money from the Bank of China to buy a car. What should I do? To get a loan?

Loan terms:

1. The applicant is a citizen of People's Republic of China (PRC), or a resident of Hong Kong, Macao and Taiwan and a foreigner who has lived in People's Republic of China (PRC) for 1 year or more (inclusive).

2. Have valid identification, fixed detailed address and full capacity for civil conduct.

3. Personal legal assets with stable legal income or sufficient to repay the loan principal and interest.

4. Personal credit is good.

5. Being able to pay the down payment stipulated in these Measures.

6. Other conditions required by the lender.

7. At least 25-55 years old, have a stable work unit and have worked continuously in the current unit for 6 months.

Information to be prepared by Bank of China for loan to buy a car:

1, copy of the second-generation ID card and the front and back of the ID card.

2. Work certificate issued by the unit in the last month, which proves that the applicant has worked continuously in the current unit for not less than 6 months.

3. Any documents of the borrower's current residence in the last 60 days.

4. Proof of using bank salaries and loans in my name in the past 6 months.

5. Car purchase contract (seller's driving license must be provided at the same time for used cars), real estate license of renovation contract and renovated real estate, certificate of studying abroad, business sales contract, bank debit card and their copies.

Extended data:

Matters needing attention in loan car purchase:

1. Interest-free car loan ≠ Free of handling fee: In order to attract customers, dealers have introduced interest-free car loans. The actual discount may not be as affordable as expected, because they will charge a certain handling fee while being interest-free, which may be similar to interest. When buying a car, you need to carefully screen it according to the actual situation.

2. Need to buy auto insurance: Since the owner of the car is not an individual consumer before the loan is settled, in order to reduce the risk, the dealer will put forward some auto insurance that must be purchased as the loan condition in the car loan contract.

3. In the process of handling the mortgage, the car buyer may encounter the situation that the loan is rejected or the loan is slow due to the unsuccessful audit. In the agreement signed by the dealer, it is generally indicated whether the deposit will be refunded. When signing a contract, you must pay attention to the refund method, date and amount.

4. After determining whether the repayment method is equal principal and interest or average capital, consumers need to confirm the repayment time and the minimum repayment amount, so as to avoid increasing the repayment cost due to the unsuccessful regular deduction. If the payment date exceeds three days, the corresponding financial institution will urge the owner to repay, and at this time, additional communication fees, interest and other funds will be generated.