Portfolio loan application:

Apply for a portfolio loan, and the preliminary procedures are the same as those for provident fund loans;

After preliminary examination, when the borrower goes to the bank to handle other procedures for provident fund loans, he should fill in the application form for commercial loans and go through relevant procedures as required by the bank;

After the approval of the two loans is completed, the bank will transfer them to the account of the selling unit;

In portfolio loans, the loan term, loan date and repayment date of provident fund loans and commercial loans are the same, but different interest rates are implemented.

2. Can portfolio loans be offset by the balance of provident fund against commercial loans?

Repaying the loan with the provident fund is to use the balance (or monthly payment) in the provident fund deposit account to deduct the monthly payment of commercial bank loans (or combined provident fund loans), that is, to use the money in the provident fund account to repay commercial loans (or combined provident fund loans). Because there are differences in policies and requirements for individual housing provident fund loans in housing provident fund management centers around the country, it is recommended that you consult the local provident fund management center for specific conditions. The above contents are for your reference. Please refer to the actual business regulations. If you have any questions, please contact online customer service of Bank of China. You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.

3. Can portfolio loans be offset by the balance of provident fund against commercial loans?

Provident fund offset loans should be based on the principle of giving priority to provident fund. If you use annual offset, your RMB 6,543,800+0.3 million yuan will be offset against the provident fund loan first. (equivalent to repaying the loan in advance), the interest rate of the provident fund is low, and it is obviously unwilling. If the monthly payment is made, the monthly payment will be offset, and the monthly payment of the provident fund will be offset first. If there is any surplus, you can use the monthly payment. If it is1.300,000, it can be charged for one or two years. In this way, to a certain extent, the cash originally intended to repay the loan was saved and concentrated, and the commercial loan was repaid in advance.

4. Can mixed loans include the balance of provident fund in commercial loans?

Of course. Using the provident fund to repay commercial loans for mixed loans belongs to using the balance of the provident fund account to hedge the repayment of housing loans, so users who repay commercial loans and mixed loans can choose by themselves. Of course, the balance in the provident fund account is limited, and only a part of the loan amount can be repaid, which is suitable for repaying a part of the loan in advance.

Users are transferring commercial loans to provident fund loans, and some areas do not need to pay off commercial loans before transferring to provident fund loans, which is more convenient for users.