Land reserve and real estate development. Equity investment. For example, loans are used to enrich the capital of established companies and other enterprises. Investment in the securities market, including the purchase of stocks, bonds, funds, futures, warrants, etc. In addition, some loans have limited use when they are signed. If it is not earmarked, the bank can recover the loan in advance according to the contract.

Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply. Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans mostly take the form of discounted bills, credit accounts and overdraft accounts.

When accepting bank loan applications, branches of Hong Kong-funded banks in Chinese mainland can issue RMB loans or Hong Kong dollar loans according to the needs of loan applications; The annual interest rate of RMB loans shall not exceed 3% of the benchmark interest rate set by the central bank. According to the current situation, it is generally floating, which can reach the annual loan interest rate of 7% to 9%. The term of RMB loans shall be determined by commercial banks according to risk control requirements. The annual interest rate of Hong Kong dollar loans is determined by banks according to the regulations of Hong Kong. The annual interest rate of the loan is between 3% and 4%, and the loan interest rate is half lower than that of RMB loans. The difference between Hong Kong dollar loans and RMB loans, calculated with the same loan value of RMB 6,543,800+0,000, can save 30,000-40,000 yuan of bank loan interest a year, which is a good choice for entrepreneurs. Short-term loans refer to loans with a loan term of 1 year (inclusive). Short-term loans are generally used for the liquidity needs of the borrower's production and operation. The currencies of short-term loans include RMB and major convertible currencies of other countries and regions. The term of short-term working capital loans is generally about half a year, and the longest is no more than one year; Short-term loans can only be extended once, and the extension period cannot exceed the original period. The loan interest rate is determined according to the interest rate policy formulated by the central bank and the floating range of the loan interest rate, and according to the nature, currency, use, method, term and risk of the loan, among which the foreign exchange loan interest rate is divided into floating interest rate and fixed interest rate. The loan interest rate is indicated in the loan contract, which customers can check when applying for a loan. There is a penalty interest for overdue loans.

Where shall the loan funds not be used?

Working capital loans are mainly used for the daily production and operation turnover of borrowers, and can be divided into secured loans and credit loans according to loan methods.

It is understood that working capital loans shall not be used for fixed assets investment, equity investment, etc. , used in areas and uses prohibited by the state, and shall not be used for other purposes for any reason. The lender shall inspect and supervise the use of funds in accordance with the loan contract.

If the working capital loan is found inapplicable by the regulatory authorities, the loan may be frozen, which will affect the credit standing of borrowers and enterprises.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.

Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

Basic loan terms

Loan target: China citizens aged 18 to 60 with full capacity for civil conduct.

Loan amount: After the borrower provides the pledge, mortgage, third-party guarantee recognized by CCB or has certain credit qualification, the bank will verify the corresponding pledge amount, mortgage amount, guarantee amount or credit amount of the borrower.

The pledge amount shall not exceed 90% of the face value of the pledge right certificate provided by the borrower; The mortgage amount shall not exceed 70% of the assessed value of the collateral; The credit line and guarantee line are determined according to the borrower's credit rating.

Guarantee method: mortgage, pledge, third-party guarantee or credit recognized by CCB.

Application materials to be provided:

(1) A written document in which the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount.

(2) the guarantor's credit certification materials.

(3) Collateral appraisal report issued by the socially recognized appraisal department.

(4) Other documents and materials as stipulated by the Construction Bank.

(5) Original and photocopy of the borrower's valid identity certificate.

(6) local permanent residence or valid residence identity certificate.

(7) The borrower shall produce the income certificate issued by the employer, the borrower's tax bill and insurance policy.

(8) The pledge right required for the borrower to obtain the pledge and mortgage amount, the list of collateral and the certificate of ownership, and the written document of the owner and the property co-owner agreeing to pledge and mortgage.

(9) The borrower also needs to provide the bill for the hydropower property where the company is located and the bill for the hydropower property with personal address.

What can't the loan be used for? Remember not to use it illegally!

There are many people who, under the normal use of loans, have not been overdue, repay loans on time, but they will be frozen and reduced inexplicably. What is going on? Maybe the borrower didn't use the loan in the right place, so what can't the loan be used for?

1. What can't the loan be used for?

1, special fund is special

Many loans are clearly stated and can only be used for designated loan purposes, such as tourism, decoration, car purchase, marriage and business operation. In order to prevent borrowers from misappropriating funds, it is often stipulated that they can only handle business in cooperative companies or institutions and apply for loans with relevant documents. The money is directly credited to the account of the cooperative company, and the borrower cannot raise it at will or misappropriate it at will.

Loans cannot be used for these purposes.

Investment and financial management: such as stock trading, funds and bonds. All of these have great risks and uncertainties. In order to control risks, banks require that loans should not be used for these purposes.

Mortgage: the down payment loan that was severely cracked down before belongs to this category, and the loan cannot be used to buy a house or repay the mortgage.

Second, the bank's provisions on the use of loans

For example, the consumer loans of China Everbright Bank have clear regulations. Loan funds can only be used for my daily consumption, not for production and operation, fixed assets investment, equity investment, cash and other non-consumption areas, including house purchase, investment, wealth management, stocks, other equity investment and prohibited areas. 、

The above is what the loan can't be used for. You can read the contract or agreement carefully before lending, and the bank will write down the usage rules clearly and remember to abide by them.

I would like to ask what loan purposes are not supported by personal loans of banks?

Generally speaking, personal loan funds cannot be used for financial management and investment channels such as stocks, funds, futures and real estate development. Loans are allowed for general consumption such as large consumer goods, home improvement, tourism, marriage, and further study abroad. , as well as medical and other special consumption purposes and other reasonable shortage of funds. When applying for a loan, the borrower must indicate the purpose of the loan, and the loan cannot be made if the purpose is not up to standard. And after the loan is issued, if it is verified that the funds are not used for the specified purpose, the lending institution will consider the borrower to be in breach of contract and may require the borrower to repay in advance. So it is worth noting that you must make sure that the purpose of your loan meets the bank's standards. I hope my answer can help you.

Generally speaking, the uses of personal loans that banks do not support mainly include the following aspects;

(1) Land reserve and real estate development.

(2) Equity investment. For example, loans are used to enrich the capital of established companies and other enterprises.

Investment in the securities market, including the purchase of stocks, bonds, funds, futures, warrants, etc.

(4) Gambling and drug industry.

(5) Used for supporting products of industries and related industries whose development is prohibited or restricted by national industrial policies of provinces and cities.

(6) Used to manufacture products with serious environmental pollution, potential safety hazards and poor market sales.