1. How to handle the installment car purchase process of China Merchants Bank

Credit card installment car purchase process

1) The prerequisite is that you must have a credit card from China Merchants Bank and receive Send a text message or email to China Merchants Bank for car purchase; call China Merchants Bank at 800 and transfer to China Merchants Bank for car purchase. At this stage, China Merchants Bank will use your credit and the limit of your card to determine the amount of loan you can get. Once the loan amount is determined, your down payment = car price - loan amount approved by China Merchants Bank, purchase tax, insurance and others. What needs to be noted here is that purchase tax and insurance cannot be loaned, only the car payment can be loaned. The insurance must be fully insured, the third party must be 200,000, and the beneficiary of the insurance must be China Merchants Bank.

2) Once your limit is determined, you need to give a copy of your ID card and credit card to the financial specialist at the 4S store, and then you need to fill out a loan form, and then he will help you operate it. ;

3) After China Merchants Bank receives the relevant materials from the 4S store, it will review and approve it. This process is very fast and is usually completed on the same day. Then it will call you to tell you that the loan has been approved, and the principal will be deducted on the same day. The amount of your loan per month, for example, if you borrow 12,000 yuan for 12 months, interest-free, 1,000,000 yuan will be deducted from your credit card on the same day;

4) Next is the down payment. After the down payment is made at the 4S store, Waiting for the car inspection and license plate;

5) You cannot drive the car away immediately after the license plate. You need to take the car purchase contract, invoice and other things to the China Merchants Bank Credit Card Center to handle the mortgage loan procedures. This process is quick and can be done in 30 minutes.

6) After that, you wait for China Merchants Bank to notify you that the mortgage application is completed, and then China Merchants Bank will release your loan money to the dealer, and then the dealer will notify you to pick up the car, and the whole process is over. This process takes about one day, no more than three days.

2. How to use China Merchants Bank’s car installment plan?

The car installment quota of China Merchants Bank is earmarked and can only be used to purchase cooperative brand cars at car dealers designated by China Merchants Bank.

The specific process of China Merchants Bank credit card car installment is as follows:

1. Log in to the official website of China Merchants Bank and enter the Credit Card Center.

2. Select the model you want to buy among the hot models, click to enter, and select "Apply Now" and the installment calculator on the new page.

3. In the transferred page, follow the prompts to fill in the relevant content and complete the appointment application.

3. How to apply for car installment with China Merchants Bank credit card?

If you want to apply for car installment with China Merchants Bank credit card, the specific process is as follows: Step 1: Log in to the official website of China Merchants Bank and make an appointment online. Application quota; Step 2: The staff of China Merchants Bank will contact the customer and assist the customer in handling the car installment business; Step 3: The customer submits the application, and after China Merchants Bank receives the application, it will review the customer's qualifications; Step 3 Step 4: After passing the review, the customer can pay the down payment and apply for insurance at the same time; Step 5: China Merchants Bank will release the loan, and then the customer can pick up the car. : Credit card installment car purchase is a credit card installment business launched by banking institutions. The credit limit that cardholders can apply for is 20,000-200,000, depending on the situation of some banks; there are three types of installments: 12 months, 24 months, and 36 months. There is no loan interest rate for credit installment car purchases. The bank only charges handling fees. The handling rates for different installments are different. Since the credit limit of general credit cards is limited, card-issuing banks generally require cardholders to provide proof of financial resources. Proofs of financial resources recognized by banks include real estate certificates or commercial housing sales (pre-sale) contracts and house purchase invoices. Some banks require the credit card itself to have 100,000 yuan. An overdraft limit of RMB-200,000. Some banks allow cardholders with good credit to apply for a separate credit limit to purchase a car in installments. It is obvious that more and more banks across the country will launch credit card installment car purchase services in line with customer needs.

There are China Construction Bank Dragon Card installment car purchase business, Bank of China "Car Loan Tong" business (only in Beijing area), China Merchants Bank "Car Purchase Easy" business, Minsheng Bank "Car Purchase Tong" business, Industrial and Commercial Bank of China Peony Card installment car purchase business, The installment car purchase business of some local city commercial banks, such as Hankou Bank, Ningbo Bank, etc. However, each bank has its own threshold: China Merchants Bank requires a down payment of more than RMB 30 to be able to pay in installments, while ICBC said it can pay in full. Some banks offer zero handling fees for some models. In addition, the installment rates for different car types and periods are different, and some banks only offer installment for designated car models.

4. How to handle the car installment purchase process of China Merchants Bank

If you use a China Merchants Bank credit card to apply for car installment: Our bank mainly relies on the cardholder’s card usage performance (such as card holding time) , consumption habits, fixed limit, etc.), occupational status, income, etc. to distinguish the installment application methods and application materials that need to be submitted by different cardholders. If you have the intention to purchase a car in the near future, please call Chego.com 1-2 weeks before purchasing a car. :4008855855.