Fumin Card belongs to rural credit card category. Fumin One Card is a special card product of Jingu Rural Commercial Bank with the function of loading micro-loan business with bank cards. Anyone who has obtained the credit line of micro-loan through credit rating can apply for it. One card for enriching the people has the characteristics of "one-time approval, loan with use, balance control and recycling".
during the credit line and credit period, cardholders can obtain and repay loans at Jingu Rural Commercial Bank outlets at any time. Upon prior agreement of both parties, Jingu Rural Commercial Bank can also automatically deduct the loan principal and interest on the loan maturity date, and the lender can complete the loan repayment procedures by timely and fully depositing the funds into Fumin Card before the loan maturity date.
ABC uses credit cards, and there are generally two ways to confirm credit card spending in China:
1. Credit card signature spending;
2. Credit card payment password plus signature.
Extended information
One-card for enriching the people-the through train for microfinance
The introduction of one-card for enriching the people will effectively solve the moral hazard problems such as relatively centralized issuance and recovery of microfinance, asymmetric information between lenders and borrowers, and fake loans. It is a real "sunshine lending", which will improve the level of financial services and ease the difficulties of banks and farmers in lending.
Adapt to customers: individual industrial and commercial households and farmers and herdsmen with obvious seasonal demand for production and operation funds, and residents with comprehensive financial needs such as deposit, withdrawal, loan, repayment and withholding.
charging standard: interest will be charged according to the actual amount and duration of funds used and the prevailing interest rate.
handling guide: a written application is submitted by the customer, which can be handled after on-the-spot investigation and centralized credit granting by our bank.
Reference: Jingu Rural Commercial Bank official website-Fumin One Card