I. Application conditions
China citizens with permanent residence in China, permanent residence in local towns (or valid certificates), full capacity for civil conduct and meeting the following conditions may apply for personal credit loans.
1. Have a proper occupation and a stable income source (the monthly salary income must be above 1000 yuan), and have the ability to repay the loan principal and interest on schedule;
2. The borrower's unit must be an administrative, enterprise or institution recognized by the bank and having a good cooperative relationship with the bank, and the bank needs to pay wages on its behalf;
3. Abide by the law, and have no illegal acts and bad records;
4. Open a personal settlement account in China Industrial and Commercial Bank, and agree that the bank will deduct the loan principal and interest from its designated personal settlement account;
5. Other conditions stipulated by the bank.
Second, the loan amount
The starting point of personal credit loan is 2000 yuan, and the loan amount shall not exceed 6 times of the borrower's monthly salary, and the maximum shall not exceed 20,000 yuan.
Third, the loan term.
The term of personal credit loan is below 1 year (inclusive), and it is generally not extended. If the loan cannot be repaid on schedule due to force majeure, it can be extended once with the consent of the lender, and the cumulative loan period shall not exceed 1 year.
Four. Expected annualized interest rate of loan
The expected annualized interest rate of the loan is calculated according to the expected annualized interest rate of the loan in the same period stipulated by the People's Bank of China. If the expected annualized interest rate is adjusted during the loan period, it will be calculated according to the expected annualized interest rate in the contract, and interest will not be calculated by stages. If the loan term is less than 6 months, the interest shall be calculated according to the expected annualized interest rate of 6 months.
How to get a personal loan from ICBC?
1. Credit loan: A party can apply for a personal loan from a bank based on the information that he has good credit and repayment ability;
2. Mortgage loan: After the mortgage registration of collateral is completed, the parties can sign a mortgage loan contract with the bank, and the bank will release the loan to the designated account.
legal ground
Article 11 of the Interim Measures for the Administration of Personal Loans
Personal loan application shall meet the following conditions:
(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;
(2) The purpose of the loan is clear and legal;
(3) The amount, duration and currency of the loan application are reasonable;
(4) The borrower has the willingness and ability to repay;
(5) The borrower's credit status is good and there is no significant bad credit record;
(6) Other conditions required by the lender.
Personal consumption loan of China Industrial and Commercial Bank:
Banks provide RMB loans to individual customers for designated consumption purposes, including the following four types:
1) ICBC Financial E-loan is a credit consumption loan of ICBC, which can only be used for personal consumption without mortgage guarantee.
2) Individuals: that is, loans that lenders apply for with their own products, such as time deposits and government bonds, as security.
3) Personal loan for studying abroad: The loan granted by China Industrial and Commercial Bank to the borrower is mainly used to pay the tuition and fees, living expenses, accompanying fees and other expenses required by the borrower or his immediate family members during their study abroad.
4) Personal home consumption loan: it can be used to decorate houses, buy house decoration materials, durable consumer goods and other large consumer goods, which can be recovered upon application or returned with the loan.
5) Personal cultural consumption loan: it can be used for personal education and training, travel, wedding, beauty and fitness, club membership activities and other cultural consumption, and can be recovered once applied.
How does ICBC borrow money?
The specific ways of ICBC loan are:
First, through ICBC mobile banking loans. Log in to ICBC Mobile Banking, find the loan option on the home page, select personal credit loan "ICBC e-loan", and then follow the instructions on the page.
2. ICBC online banking loan. Log in to ICBC Online Banking, click Apply for Loan, select personal credit loan "ICBC Finance E Loan", and then follow the prompts on the page.
Third, apply for loans through ICBC e-Life APP. Download and open the ICBC e-Life APP, select a loan after logging in, click the personal credit loan "ICBC e-Loan", and then follow the prompts on the page.
4. Go to the business outlets of ICBC. Bring your personal ID card, household registration book and other relevant information and go directly to the ICBC offline counter.
What are the requirements for a loan at ICBC?
1. A natural person with full capacity for civil conduct, aged between 18 (inclusive) and 60 years old (exclusive). Foreigners and residents of Hong Kong, Macao and Taiwan who are borrowers should have lived in People's Republic of China (PRC) for one year and have a fixed residence and occupation.
2. Have legal and valid identity certificate, household registration certificate (or valid residence certificate) and marital status certificate.
3. The borrower has the legal business qualification and can provide the business license of individual industrial and commercial households, partnership enterprises or enterprise legal persons.
4, with a stable source of income and the ability to repay the loan principal and interest in full and on time.
5. It has a good credit record and repayment willingness, and the borrower and its business entities have no bad credit records in known financial institutions such as China Industrial and Commercial Bank.
6. It can provide legal, effective and reliable loan guarantee recognized by the lender.
7. The borrower opens a personal settlement account in China Industrial and Commercial Bank.
8. Other conditions stipulated by China Industrial and Commercial Bank.
Extended data:
Loan type
I. Loans are divided into short-term loans, medium-term loans and long-term loans.
Short-term loans refer to loans with a loan term of 1 year.
Medium-term loans refer to loans with a loan term of more than 1 year (excluding 1 year) and less than 5 years (including 5 years).
Long-term loans refer to loans with a loan term of more than 5 years (excluding 5 years).
Two, loans are divided into credit loans and secured loans according to whether there is guarantee or not.
Credit loans are loans issued by borrowers with good credit status. There is no "guarantor" and no other guarantee.
A secured loan refers to a loan provided by the borrower or a third party according to law. Secured loans include mortgage loans, mortgage loans.
Guarantee loan, mortgage loan or, refers to the loan issued by way of guarantee, mortgage or pledge as stipulated in the Guarantee Law of People's Republic of China (PRC). For example, personal housing loans and automobile consumption loans are all secured loans with housing or automobiles as collateral.
Third, for rural credit cooperatives, according to the object and purpose of loans, there are mainly rural industrial and commercial loans, consumer loans, student loans, real estate loans, farmer loans, agricultural economic organizations loans and other loans.
Four, the main types of personal loans provided by commercial banks
(1) Personal housing loan, including:
1, personal housing commercial loan
Personal housing commercial loan is a self-operated loan issued by bank credit funds, which refers to a commercial housing loan that a natural person with full capacity for civil conduct applies to the bank as a guarantee for repayment of the loan when buying a self-occupied house in a town of this city.
2, personal housing provident fund loans
Personal housing provident fund loan is an entrusted loan issued by policy housing provident fund, which refers to the housing provident fund loan that employees who pay housing provident fund apply to the bank when they buy, build, renovate or overhaul their own houses in cities and towns of this city, with their own property houses as a guarantee to repay the loans.
3. Individual housing portfolio loans
Borrowers who meet the requirements of personal housing commercial loans can deposit housing provident fund at the same time, or apply to the bank for personal housing provident fund loans while handling personal housing commercial loans, that is, borrowers can apply to the bank for personal housing provident fund loans and personal housing commercial loans (this loan method is referred to as personal housing portfolio loans) with the urban self-occupied housing purchased in this city as collateral.
(B), personal car consumption loans
(3) Personal durable consumer goods loans
(4) Personal policy loans