Now every bank has seen business opportunities and has its own car loan business. Each bank has its own advantages in car loan. In order to compete for customer resources, it can be said that each bank has its own characteristics. So, which bank can handle car loans? Below I will take you to a brief understanding of the relevant information, hoping to help you.

Although different banks have different loan terms, quotas and interest rates, in some respects, banks will remain consistent. For example, the loan applicant must be between 18 and 60 years old, have a good personal reputation, have no bad credit record before, have a stable income and have a fixed job. In addition, collateral can be provided, usually vehicles or other collateral.

Bank of China: As one of the four state-owned banks, Bank of China has a loan term of no more than three years and a quality customer of no more than five years. The down payment ratio of general customers is more than 40%, and the minimum down payment ratio of quality customers is 30%. Ordinary customers are not lower than the benchmark interest rate, and the interest rate of high-quality customers is not lower than 10%. Compared with other banks, the down payment is higher, and only high-quality customers can enjoy some rights.

Construction Bank: The purchased vehicles are for personal use, and the loan period shall not exceed 5 years at the longest; The purchased vehicle is a commercial vehicle with a loan term of no more than 3 years; Minimum down payment of 20%; The loan interest rate shall be implemented in accordance with the loan rules stipulated by the Construction Bank. It is worth mentioning that banks such as CITIC, China Everbright and Shanghai Pudong Development Bank can make auto loans.

Ping An Bank: Ping An Bank has auto loan service with a maximum loan amount of 500,000 yuan. The down payment requirement is low, and you can apply for a loan as long as you can pay 20%. After the mortgage loan is completed, the loan can be released quickly within one day.

China Merchants Bank: China Merchants Bank can provide loans of up to 2 million yuan to lenders. Of course, the repayment period should not exceed five years, and the down payment ratio should reach at least 20%.

Bank mortgage car loan process

1. Car buyers go to the bank outlets for consultation, and the outlets recommend the special dealers who have signed the Cooperation Agreement on Used Car Consumption Loan with the bank.

2. Go to the dealer to choose the used car to buy, and sign a car purchase agreement with the dealer to clarify the model, quantity and color.

3. Apply for a loan at a bank outlet. The materials required to apply for a loan at a bank outlet include: personal loan application, valid identity documents, proof of occupation and income, basic family information, car purchase agreement, documents required for guarantee, and other conditions stipulated by the lender.

4. The bank conducts credit investigation on users, notifies the car buyers within 15 working days after the loan application is accepted, and signs a loan contract for second-hand car consumption with borrowers who meet the loan conditions. The maximum loan amount for second-hand car consumption does not exceed 60%-80% of the car purchase price (different lending banks), and the longest loan period does not exceed three to five years (different lending banks, taking Beijing as an example, require 50% down payment for second-hand car loans, and the longest loan period is three years).

5. Sign loan and guarantee contracts. If the applicant meets the loan conditions, the bank will sign a loan contract and related guarantee contract with him.

6. Banks provide loans, and users handle auto insurance and pick up cars. After receiving the loan notice 15 days, the special dealer will hand over the customer's car purchase invoice, payment receipt and driving license (copy) to the bank. The loan is issued after the customer has gone through the formalities of property insurance. Types of insurance include: vehicle loss insurance, third party liability insurance, burglary insurance, spontaneous combustion insurance, etc. All kinds of insurance period shall not be shorter than the loan period.

Which bank is good for car mortgage?

Industrial and commercial bank of China is better, and the loan speed is fast.

At present, only a few banks handle automobile mortgage. They are China Industrial and Commercial Bank, Chengdu Rural Commercial Bank and Ping An Bank; The amount of ICBC car mortgage is 60% of the car price.

The minimum loan amount of "quick loan" series products of Chengdu Rural Commercial Bank is 5,000 yuan, the maximum loan period is 6,543.8+0,000 yuan, and the loan period is 654.38+0 months to 3 years. You can choose flexible repayment methods such as equal monthly payment, unequal monthly payment and repayment of principal when due. Ping An Bank's "Car or Yuhong automobile mortgage".

A single loan can reach up to 500,000 yuan, and the loan funds can be used for business purposes such as purchasing and purchasing, and can also meet the needs of consumer shirts such as decoration, tourism and wedding. In the case of complete information, after the mortgage is completed, the loan can be released within 1 day at the earliest, and the vehicle can still be used after the money is obtained.

Conditions for applying for automobile mortgage:

1. The loan applicant is a citizen of China, aged 18-65.

2 have a stable economic income and the ability to repay the principal and interest of the loan.

3. The borrower has a good credit record and no bad credit record.

4. Legal and valid certification materials of mortgaged cars (vehicle registration certificate, etc.). ).

5. Other conditions stipulated by the lending bank.

How do banks handle vehicle mortgage loans?

First, apply for a motor vehicle mortgage loan at the bank.

2. The lending institution conducts an audit and signs a loan contract with the applicant after passing the audit.

3. The lender shall, in accordance with the requirements of the lending institution, go to the designated evaluation institution to evaluate the mortgaged motor vehicle.

4. Submit the evaluation report to the lending institution, and then go through the formalities of mortgage and notarization.

5. After the formalities are completed, the lending institution begins to lend money.

Which bank can handle car mortgage?

At present, our bank (Bank of China) does not accept personal mortgage (pledge) revolving loans for the time being. Please contact the staff of other banks directly to consult the loan interest rates of other banks.

The above contents are for your reference. Please refer to the actual business regulations.

Which bank can mortgage the car?

Every bank can apply for automobile mortgage, including China Construction Bank, China Agricultural Bank and China Bank. However, when different banks use cars as mortgage loans, the conditions for application or mortgage are different. Let's take automobile mortgage of Shanghai Bank as an example.

Conditions and materials required for Shanghai Bank to apply for automobile mortgage business:

1. has a stable occupation, and the applicant has the ownership of the local mortgaged vehicle.

2. Carry out business and live and work in the city for a long time.

3, motor vehicle registration certificate, driving license, purchase tax additional proof (this), car purchase invoice.

4. Insurance policy, travel tax, and relevant tax payment certificates for imported vehicles.

5. ID card (temporary residence permit or residence permit within the validity period provided by non-local account customers)

Automobile mortgage is a loan obtained from a financial institution with a borrower's or a third party's car or self-purchased car as collateral. The purpose of loans with automobiles as collateral is mainly automobile consumption. In most car mortgages, it is a common practice to use a certificate instead of a car mortgage. That is to say, you can mortgage the relevant documents to a lending institution to get a loan, and the car will be used as usual after installing GPS.

Extended data:

Automobile mortgage category GPS category

Customers: customers with good reputation, need daily car, pay attention to privacy and have short-term capital needs.

Advantages and characteristics: The vehicle can continue to be used after the customer completes the mortgage formalities. The maximum loan amount can reach 70% of the vehicle valuation.

Application conditions:

1. The applicant owns the ownership of the local mortgaged vehicle;

2. Enterprises that have been living and working in this city for a long time;

3, motor vehicle registration certificate, driving license, purchase tax surcharge (this), car purchase invoice;

4. Insurance policy, travel tax and relevant tax payment certificates for imported vehicles;

5. ID card (temporary residence permit or residence permit within the validity period provided by non-local account customers).

Handover category

Customers: customers who need short-term funds and don't need to use cars every day.

Advantages and characteristics: the customer's vehicle must be kept after mortgage registration. The maximum loan amount can reach 90% of the vehicle valuation.

Application conditions:

1, with stable occupation and vehicle ownership;

2. Enterprises that have been living and working in this city for a long time;

3, motor vehicle registration certificate, driving license, purchase tax additional proof (this), car purchase invoice;

4. Insurance policy, travel tax, and relevant tax payment certificates for imported vehicles.