1. What is provident fund loan interest discount? What conditions must be met? What is provident fund loan interest discount?

It is understood that housing provident fund discount loans refer to commercial housing loans issued by banks to provident fund borrowers during the waiting period for provident fund loans.

Provident fund loan interest discount is a business in which the Municipal Housing Provident Fund Management Center provides subsidies based on the interest difference between commercial loans and provident fund loans, and then returns the bank commercial loans after the provident fund loan is issued.

It is understood that the recipients of discount loans should meet the following conditions at the same time: 1. Purchase a house locally and comply with provident fund loan policies and bank commercial housing loan conditions; 2. Apply for a provident fund loan to the provident fund center within the specified time (subject to the acceptance time)

.

The acceptance time for this discounted loan is before December 31, 2016 (including today), and will be determined and announced by the Provident Fund Center based on the scale of discounted loans and other circumstances; 3. Choose to transfer provident fund loans to bank commercial housing loans.

The Municipal Housing Provident Fund Management Center emphasized that subsidized loans are subject to dynamic management. When the deposit-loan ratio of the provident fund is lower than 80%, acceptance will be stopped; when the deposit-loan ratio is higher than 90%, acceptance can be resumed with approval.

In other words, when the provident fund pool is not tight, the interest discount policy will stop.

2. What is a subsidized loan?

What are the requirements?

The detailed provisions of China Post's interest-subsidized loans are: 1. The loan interest discount is a people's livelihood project jointly launched by the national financial department and the Postal Savings Bank of China; 2. Enterprises can enjoy interest discounts on loans of up to 2 million yuan for two years.

The interest discount standard is 50% of the central bank's benchmark interest rate on the loan amount; 3. The interest discount conditions are: labor-intensive enterprises approved by the Bureau of Human Resources and Social Security; the proportion of the number of employees in the enterprise who pay social security funds shall not be less than 30% of the total number of employees in the enterprise.

3. What is a subsidized loan?

What are the requirements?

First of all, it depends on whether the real estate meets the national regulations in this regard and whether the country allows it to do this business; secondly, the applicant must be a "doctor" and "teacher", but the specific standards must be reviewed and approved by the lending bank in order to enjoy the interest discount.

4. What is the meaning of subsidized loan? There are 3 differences between loans and subsidized loans: 1. The meanings of the two are different: 1. The meaning of loan: A loan is a loan by a bank or other financial institution that lends monetary funds at a certain interest rate and must be returned.

form of credit activity.

Loans in a broad sense refer to the general term for lending funds such as loans, discounts, and overdrafts.

2. The meaning of subsidized loan: A subsidized loan refers to a special bank loan that is used for designated purposes and whose interest payments are subsidized by the state or banks.

2. The roles of the two are different: 1. The role of loans: Banks invest concentrated currency and monetary funds through loans, which can meet the needs of supplementary funds for the expansion of social reproduction and promote economic development. At the same time, banks also

From this, loan interest income can be obtained and the bank's own accumulation can be increased.

2. The role of discounted loans: Subsidized loans are preferential loans to encourage the construction of certain undertakings or projects.

Loan interest can be fully subsidized or partially subsidized.

As for the interest spread of loans, the principle of subsidizing is generally applied to those who arrange it.

Subsidy loans arranged by the state are subsidized by the central government; low-interest loans agreed to be issued by the People's Bank of China are subsidized by the People's Bank of China; low-interest loans of various specialized banks are subsidized by the specialized banks themselves.

3. The application processes between the two are different: 1. Loan application process: (1) Acceptance.

The handling staff introduces to customers the application conditions, term, interest rate, guarantee, repayment method, handling procedures, default handling and various expenses that need to be borne by the borrower, etc.

Qualifications and application materials will be reviewed initially.

(2) Investigation.

In accordance with relevant regulations, investigators use reasonable means to investigate the authenticity of the materials submitted by customers and evaluate the applicant's repayment ability and willingness.

(3) Approval.

The authorized approver will ultimately determine the customer's comprehensive credit limit and the credit limit validity period based on the customer's credit rating, mortgage situation, pledge situation and guarantee situation.

(4) Distribution.

After fulfilling the loan conditions.

Customers can apply for a credit limit from the bank at any time based on their loan needs. (5) Post-loan management.

The lending bank shall supervise and inspect the income status of the borrower and the guarantor, the use of the loan, the changes in the value and performance of the collateral (pledge), etc. in accordance with the relevant regulations on loan management. The inspection results must be recorded in writing and archived.

Those who implement guarantee or credit methods should supervise the credit and repayment ability of the guarantor or borrower, and require the borrower and guarantor to provide assistance.

(6) Loan recovery.

The lending bank deducts the money from the agreed repayment account based on the repayment plan and repayment date agreed upon by both parties in the contract.