The loan term is more than five years and the interest rate is 4.9%.
Commercial loan interest rate is the interest rate charged by banks when they issue corporate loans. For example, the corporate loan interest rate.
Since March 17, 2005, the interest rate of self-operated individual housing loans has been changed to the interest rate of commercial loans, and the upper limit has been liberalized and the lower limit management has been implemented. The lower limit of the interest rate is 0.9 times of the benchmark interest rate of the corresponding term grade loan.
Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, it is short-term loans, usually 9 months, and the longest is no more than one year, but there are also a small number of medium-and long-term loans. Such loans are the main part of commercial bank loans, generally accounting for more than one-third of the total loans.
Commercial loans, also known as individual housing loans, are loans provided by commercial banks and housing savings banks for urban residents to purchase ordinary housing for their own use with the approval of the People's Bank of China, and the legal loan interest rate is implemented. Many commercial banks in Beijing have this business, such as China Construction Bank and Agricultural Bank. The procedures for applying for loans are basically the same.
Commercial loans refer to the proportion of guarantees provided for commercial loans to the guarantee balance of housing and real estate guarantee institutions at the end of the statistical period.
Divided into the following three forms:
1. provident fund loan (too many procedures and too long time to get the money, which is relatively risky for the seller)
2. Ordinary commercial loans (excluding buyer's loans)
3. Fast commercial loan (the buyer's loan is used for repayment, and staged guarantee is provided through the guarantee institution).
Materials required:
4 copies of the applicant's and spouse's ID card (back of the second-generation ID card); Three copies of the household registration book of the applicant and spouse; The applicant's marriage certificate (the marriage certificate needs to copy the photo page and the content page; The time of unmarried certificate must be calculated from the marriage age stipulated by the state; The certificate of remarriage must be calculated from the date of divorce; Widowed; Must be issued by the Civil Affairs Bureau, valid for 10 day), with two originals; Fill in the "Guiyang Housing Provident Fund Loan Application Approval Form" (sealed by the unit) in triplicate; Three originals of loan mortgage contract, loan certificate and other relevant loan procedures; Loan balance table (including the repayment in the last six months and the loan balance of this month), in two originals; Housing property certificate, deed tax certificate, land certificate and other three certificates; Sign the mortgage registration form (provided by the guarantee company). In addition, all copies must be copied on A4 paper, and the original must be checked at the processing site.
Corporate loan interest rate
The execution interest rates of different banks and loans are different, and the loan interest rate is related to the loan purpose, loan nature, loan term and loan policy. In addition, it is necessary to evaluate the comprehensive qualifications of the loan enterprises themselves. Please contact the loan handling bank or loan account manager for details.
The loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when they issue loans. It is mainly divided into three categories: the loan interest rate of the central bank to commercial banks; The loan interest rate of commercial banks to customers; Interbank lending rate The decisive factors of bank loan interest are: ① Bank cost. Any economic activity needs cost-benefit comparison.
There are two types of bank costs: borrowing costs-prepaid interest on borrowed funds; Additional cost-the cost of normal business. ② Average profit rate. Interest is the subdivision of profit, which must be less than the profit rate, and the average profit rate is the highest limit of interest. (3) the supply and demand of borrowing money and funds. If the supply exceeds the demand, the loan interest rate will inevitably fall, and vice versa.
In addition, the loan interest rate must also consider price changes, securities returns, political factors and so on. However, some scholars believe that the upper limit of interest rate should be the marginal rate of return of funds. The factor that restricts the interest rate is regarded as the comparison between the profit growth rate of enterprises after borrowing bank loans and the loan interest rate. As long as the former is not lower than the latter, it is possible for enterprises to borrow money from banks.
Interest calculation
(1) The interest rate conversion formula for RMB business is (note: common for deposits and loans):
1. daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.
2. Monthly interest rate (‰) = annual interest rate (%)÷ 12
(two) banks can use the product interest method and the transaction interest method to calculate interest.
1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:
Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.
2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term, with three details:
If the interest-bearing period is a whole year (month), the interest-bearing formula is:
① Interest = principal × year (month )× year (month) interest rate
If the interest-bearing period is a whole year (month) and days, the interest-bearing formula is:
② Interest = principal × year (month) × year (month) interest rate principal × odd days × daily interest rate.
At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:
③ Interest = principal × actual days × daily interest rate
These three formulas are essentially the same, but because the interest rate conversion is only 360 days a year. However, when calculating the actual daily interest rate, it will be calculated according to 365 days a year, and the result will be slightly biased. Which formula is used specifically, the central bank gives financial institutions the right to choose independently. Therefore, the parties and financial institutions can agree on this in the contract.
(3) Compound interest: Compound interest means adding interest at a certain interest rate. According to the regulations of the central bank, if the borrower fails to repay the interest at the time agreed in the contract, it will be charged with compound interest.
(4) Penalty interest: If the lender fails to repay the bank loan within the prescribed time limit, the penalty interest paid by the bank to the defaulter according to the contract signed with the parties is called bank penalty interest.
(V) loans overdue liquidated damages: penalties for the defaulting party with the same nature as penalty interest.
What is the benchmark interest rate for commercial loans?
Hello, there are two situations:
1, interest rate of the first suite of commercial mortgage (minimum down payment is 30%)
General grant interest rate: 1. 1 times (5.39%); Lowest interest rate: 1. 1 times (5.39%); Maximum interest rate: 1.2 times (5.88%);
Tips: This interest rate is the benchmark interest rate for loans. At present, the interest rate of the first home commercial loan is usually 1. 1 times, and some banks are slightly floating down or up. Up to 70% loan (minimum down payment of 30%).
2. Commercial mortgage interest rate for second home (minimum down payment of 30%)
General grant interest rate: 1.2 times (5.88%); Lowest interest rate: 1. 1 times (5.39%); Maximum interest rate: 1.3 times (6.37%).
What is the loan interest rate of commercial banks?
1, and the loan within six months (including six months) is 4.35%. 2. The loan for six months to one year (including 1 year) is 4.35%. 3. The loan for one to three years (including three years) is 4.75%. 4. The loan for three to five years (including five years) is 4.75%. 5. The loan for more than five years is 4.90%.
Article 680 of the Civil Code of People's Republic of China (PRC) prohibits high-interest lending, and the lending rate shall not violate the relevant provisions of the state.
If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest.
If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.
Provisions of the Supreme People's Government on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 25 If a lender requires the borrower to pay interest at the interest rate agreed in the contract, the people shall support it, except that the interest rate agreed by both parties exceeds four times the market rate of one-year loan when the contract is established.
The "one-year loan market quotation" mentioned in the preceding paragraph refers to the one-year loan market quotation issued monthly by the National Interbank Funding Center authorized by the People's Bank of China from August 20th, 20th, 20th19th.
What's the interest rate for commercial loans?
Hello, there are two situations:
1, interest rate of the first suite of commercial mortgage (minimum down payment is 30%)
General grant interest rate: 1. 1 times (5.39%); Lowest interest rate: 1. 1 times (5.39%); Maximum interest rate: 1.2 times (5.88%);
Tips: This interest rate is the benchmark interest rate for loans. At present, the interest rate of the first home commercial loan is usually 1. 1 times, and some banks are slightly floating down or up. Up to 70% loan (minimum down payment of 30%).
2. Commercial mortgage interest rate for second home (minimum down payment of 30%)
General grant interest rate: 1.2 times (5.88%); Lowest interest rate: 1. 1 times (5.39%); Maximum interest rate: 1.3 times (6.37%).
What is the interest rate for corporate bank loans?
The interest rates of loans executed by different banks are different. Under normal circumstances, the loan interest rates of banks and enterprises are all raised according to the benchmark interest rate of the central bank, and the floating rate of each bank is different. The specific circumstances need to be subject to the provisions of the People's Bank of China.
I. Loan interest rate:
Annual interest rate of the project (%)
I. Short-term loans
Within one year (including one year) 4.35
Second, medium and long-term loans
One to five years (including five years) 4.75
More than five years 4.90
III. Annual interest rate of provident fund loans%
Less than five years (including five years) 2.75
More than five years 3.25
According to the regulations of the People's Bank of China, the loan interest rates of various banks can float freely at present, so the loan interest rates of various loans of various banks will be different, and the interest required for loans will be more or less.
Enterprise loan conditions:
1. An enterprise must be approved by the State Administration for Industry and Commerce to be established, registered and hold a business license.
2 the implementation of independent economic accounting, independent operation of enterprises, self financing. That is, the right of enterprises to engage in production and business activities independently; Having independent operating funds, independent financial plans and financial statements; Independent accounting of profits and losses, signing foreign purchase and sale contracts.
3. Have certain self-owned funds. If an enterprise does not have certain funds of its own, once it loses money, it will inevitably crisis bank loans, especially credit funds.
4. Abide by the policies and regulations and the bank credit settlement management system, and open basic account and general deposit accounts in banks as required.
5. Profit from production and operation. The products produced and operated by enterprises must be marketable short-term products, which can bring benefits to society and enterprises and improve the utilization rate of credit funds.
6. Keep your credit. After the enterprise obtains the loan, it must also strictly fulfill the obligations stipulated in the contract.
7. An enterprise applying for a loan should also meet the following conditions: the original interest payable and the due loan have all been paid off, and the repayment plan recognized by the lender has been made for the outstanding loan; The borrower has gone through the annual inspection formalities in the industrial and commercial department; Unless otherwise stipulated by the State Council, the accumulated overseas equity investment of limited liability companies and joint stock limited companies shall not exceed 50% of their total net assets; The borrower's asset-liability ratio meets the loan requirements; The ratio between the owner's equity of an enterprise as a legal person and the total investment required for new projects applying for medium and long-term loans is not less than the capital ratio of investment projects stipulated by the state.