Application conditions

1. A natural person with full capacity for civil conduct and between the ages of 18-60 years old

2. A stable income and strong repayment capabilities Ability

3. Have a local household registration and be able to provide proof of identity and residence

4. Have a real estate certificate or other proof of financial resources.

Application process

1. Customer application. The customer applies to the bank, fills in the application form in writing, and submits relevant information;

2. Sign the contract. After the bank has reviewed and approved the application materials submitted by the borrower, the two parties will sign a loan contract and a guarantee contract, and handle relevant notarization and mortgage registration procedures as appropriate;

3. Grant the loan. After the loan is approved by the bank and all procedures are completed, the bank will transfer it directly to the car dealer's account according to the contract;

4. Repay the loan on schedule. The borrower repays the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract;

5. The loan is settled. Loan settlement includes normal settlement and early settlement.

①Normal settlement: settle the loan on the loan maturity date (one-time principal and interest payment type) or the last installment of the loan (amortization type);

②Early settlement Clearance: Before the loan maturity date, if the borrower partially or fully settles the loan in advance, he must apply to the bank in advance according to the loan contract, and then go to the designated accounting counter for repayment after approval by the bank.

After the loan is settled, the borrower should present his valid identity document and the loan settlement certificate issued by the bank to receive the legal certificate and relevant supporting documents collected by the bank, and present the loan settlement certificate to the original mortgage The registration department handles the mortgage registration and cancellation procedures.

Extended information

Attention issues

1. Hidden costs need to be understood in advance: Generally, this situation is easy to occur with secondary dealers. In fact, as long as When consumers order a car, they should ask clearly about the fees included in the total price and whether there are other hidden fees such as new car inspection fees, delivery fees, etc. They should also pay attention to whether the loan contract is provided by a bank to avoid delays in picking up the car. time trouble.

2. Installment car insurance binding: If consumers choose to buy a car in installments with a credit card, generally car dealers will require a designated insurance company to apply for car insurance for a specified period. Consumers should pay attention to whether the car insurance price is Acceptable.

3. Verbal agreements are not guaranteed: Unless the consumer applies for an unsecured credit loan at the bank, withdraws the money, and goes to a 4S store to buy the car in full, other forms of loans to buy a car are not available. Full discount on full car purchase. At this time, car sellers often promise various discounts to consumers verbally. The promises that are not put down on paper are just words on paper. In order to avoid disputes in the future, consumers need to consider it when choosing a car loan method.

4. The loan amount should be clarified: Generally speaking, the maximum loan amount can be 200,000 yuan with personal credit or joint liability guarantee; when applying for mortgage of purchased vehicle or real estate, the loan amount can be 70%; For third-party guaranteed loan applications (except banks and insurance companies), the loanable amount is 60%.

5. Understand the repayment methods: Banks generally provide two repayment methods: equal principal and interest and equal principal for users who apply for personal car loans: among them, the total interest paid for equal principal and interest is relatively large, but The repayment amount of each period is the same, and the repayment pressure is dispersed more evenly; the repayment amount of each period of equal principal payments gradually decreases. Although the total interest expenditure is less than the equal principal and interest, the initial repayment amount is larger, so you should think twice about whether you can afford it.

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