2. Have a fixed residence in China, or have a fixed residence in a local town (or a valid residence certificate), or have a fixed business place;
3. Have a proper occupation and stable economic income, and have the ability to repay the loan principal and interest on schedule;
4. There is no bad credit record, and the loan funds cannot be used for stock trading, house purchase and gambling;
5. Other microfinance conditions stipulated by banks.
Information required to apply for a loan:
Personal identification, which can be ID card, residence permit, household registration book, marriage certificate and other materials; Proof of stable address, such as housing lease contract, water and electricity bill, property management and other related certificates; Proof of stable income sources, such as bank statements, labor contracts, etc. As long as the relevant conditions stipulated by the bank are met, the personal data are complete, and the loan amount is within the bank's constraints, there is generally no problem in applying for micro-loans, and there are not so many requirements for micro-loans, so long as the basic conditions are met. The repayment pressure of microfinance is relatively small, so it is best to choose a bank that pays more attention to microfinance and personal financial services to apply for loans, and the success rate will be much higher.