Agricultural Bank of China personal car loans

Product definition:

Personal car loans is authorized for a car loan business of the Agricultural Bank of agencies to individual borrowers of the purchase of a car (including second-hand cars) loan business, including the personal car loans and personal commercial vehicle loans.

Car is the borrower through the purchase of a car loan, non-profit for the purpose of the car. Since the car including cars, multi-purpose vehicles (MPV) and sports utility vehicles (SUV), and other vehicles.

Commercial Vehicles is the borrower through the purchase of a car loan, for profit purpose vehicles. Commercial vehicles including passenger cars, freight cars and bulldozers, excavators, mixers, pumps and other engineering vehicles, Tractor tractor, and other special vehicles.

From second-hand car is for End to the motor vehicle registration requirements scrapped period a year prior to the change in ownership transfer procedures and in accordance with the law for the car.

Automobile loans loan period should not exceed five years, including second-hand car loans loan period should not exceed three years.

Product features:

To meet the consumers buy a car because of the shortage of funds when financing needs.

Suitable for:

Individual customers and corporate customers.

The applicant must have the following basic requirements:

1. Have a valid proof of identity, a fixed address and has a detailed and complete civil capacity;

2. A stable or adequate legal income to repay the personal loan principal and interest of legitimate assets;

3. Good personal credit;

4. In loans to open a personal account, to pay the down payment requirements;

5. To provide loans to the recognition of an effective security;

Handling procedures:

(A) and automobile dealers signing cooperation

(B) loan process

Operational procedures for issuing loans: borrowers apply for loans → survey → review and approval → → signed loan contracts for insurance, security procedures for issuing loans → → loan repayment.

For locations:

All authorized and delegated authority can be made at the agency business.