Different banks have different rules. The five major banks (Bank of China, Industrial and Commercial Bank of China, Agricultural Bank, China Construction Bank and Bank of Communications) can make policy loans. Other banks need to call in advance to ask if they can do it.
If you want to apply for a policy loan, you need to be a legal citizen of China who has reached the age of 5, and has reached more than 2,400 yuan in China. The policy has been in effect for more than half a year, and the applicant has a good record in the credit information system, so you can apply for a policy loan.
When applying for a loan, the information required for the loan is in the original ID card (if the applicant and the insured are not the same person, the original application form and the information specified by the bank and insurance company should be prepared, and the bank can apply for a loan. After the application, if the bank fails to pass the examination, it will return all the information and tell the reason. If approved, the banking institution will lend a loan contract, and after the contract is signed, the policy will be left to the lending institution to offset. Even if the loan is completed here, the borrower only needs to repay the debt according to the time and quantity stipulated in the contract.
2. Which banks can provide loans according to the policy?
Different banks have different rules. The five major banks (Bank of China, Industrial and Commercial Bank of China, Agricultural Bank, China Construction Bank and Bank of Communications) can make policy loans. Other banks need to call in advance to ask, and whether they can handle it depends on bank regulations.
To apply for a policy loan, the lender must be a legal citizen of China aged 18 to over 65, have a stable address in China, the annual payment of the policy is more than 2,400 yuan, the policy has a certain cash value, the policy has been effective for more than half a year, and the applicant has a good record in the credit information system. If these basic conditions are met, you can apply for a policy loan.
When applying for a loan, the materials required for the loan are fully prepared, including the original personal identity card (if the applicant and the insured are not the same person, the original insurance application form and the information specified by the bank and insurance company), and the bank staff apply for a loan at the bank. After the application, the bank staff will review the information, and if the review fails, they will return all the information and tell the reasons. If it passes the examination, the banking institution will determine the loan amount and sign a loan contract with the borrower. Even if the loan is completed here, the borrower only needs to repay the debt according to the time and quantity stipulated in the contract.
3. Which bank supports policy loans?
Where are you?
4. Which platforms can make policy loans?
You can apply at the bank. Policy loan process:
1. Prepare all the materials required for the loan, including the original personal identity card (if the applicant and the insured are not the same person, the original identity card of the insured should also be prepared), the original insurance policy and the information specified by the bank and insurance company, and apply for a loan at the lending institution;
2. The staff of the lending institution accepts the application and reviews the materials;
3. After approval, the banking institution determines the loan amount and signs a loan contract with the borrower. After the contract is signed, the insurance policy will be left to the lending institution as collateral to issue loans;
4. The borrower shall repay the loan principal and interest as stipulated in the contract.