Generally speaking, the time for banks to approve loans will not exceed one month. For each loan product, due to the different materials that the lender needs to prepare and the different number of applicants, the time for loan approval will be different, which depends on the approval efficiency of the bank.
For example, car loans, because the amount involved in car loans is generally small, and there is a vehicle mortgage, the bank's review time will not be too long. Generally, the audit results and even the next payment will be issued within one week, which is more convenient.
Banks do not need collateral for personal consumption credit loans. They need to submit relevant materials, and the review is relatively strict. After comprehensive evaluation, you can apply. The minimum amount is 50,000 yuan, and the maximum amount is not more than 3 million yuan.
The process of handling personal credit is as follows:
First of all, prepare information, the information needed for bank loans:
Including loan application, customer's ID card, household registration book, income certificate, marital status certificate and other materials (if a spouse needs to provide it, it is not required). After preparing the relevant materials, the applicant submits the relevant materials and the fees payable by the applicant to the bank with the loan application form, and then the applicant signs a loan contract with the bank as a legal document of both parties.
The next step is to start reviewing. If it is a house purchase loan, the bank will conduct a preliminary examination first, and if it is qualified, the bank will conduct the final loan approval; If the audit fails, the bank will return the relevant information of the customer and the fees charged. Finally, after the customer's relevant procedures are completed, the bank will evaluate the borrower, approve the loan and submit it to the superior for approval. Subsequently, the staff informed the borrower of the loan amount, term, interest rate and other detailed information, and transferred the money to the customer account.
Information required for loan:
1. The borrower's valid ID card and household registration book;
2. Proof of marital status, unmarried persons need to provide proof of unmarried, and divorced persons need to issue a court civil mediation or divorce certificate (indicating that they have not remarried after divorce);
3. If you are married, you need to provide your spouse's valid ID card, household registration book and marriage certificate;
4. The borrower's income certificate (salary income certificate or tax payment certificate for half a year);
5. Real estate title certificate;
6. Guarantor (ID card, household registration book, marriage certificate, etc. Is required)
Please note:
1. The loan can only use collateral, and the sum of the loan amount and the interest during the loan period cannot exceed1/2 of the assessed value of collateral;
2. Have a long-term and stable income source, enough to pay the monthly loan principal and interest;
3. Guarantor;
4. Age limit of the borrower: male age+loan period shall not exceed 60 years, and female age+loan period shall not exceed 55 years;
5. Customers blacklisted in the credit information system cannot apply for loans;
The loan needs to pay lawyer's witness fee, mortgage registration fee, mortgage property insurance fee, property appraisal fee, etc.
It usually takes about 1 month to get a loan.
How long does it usually take to review loans?
Generally speaking, if it is not a large loan such as mortgage, after the borrower provides the loan application, the time from loan approval to loan issuance will not exceed 15 working days.
Credit loans, in particular, can generally be completed on the same day. If it is a car loan or mortgage loan, the loan will generally be completed within 15-20 working days.
If it is a mortgage, the lending time is not necessarily.
After the borrower submits a mortgage application, the bank collects the borrower's personal data, writes a loan application report according to the bank's credit application template, and reports it to the branch for approval after being approved by the branch president. This time will take about 1-3 days.
After the borrower's information reaches the branch, there are still two links to go: review and approval.
The review process takes a long time, usually several days. Because auditors need to check whether the loan information is wrong one by one, such as why the bad records on the credit report are generated, and whether the income situation and salary flow are correct.
If any information is missing or inconsistent, the borrower shall submit supplementary explanations.
The approval process is generally fast, which takes about 1-2 days.
It takes about 15 working days after the approval of the branch. After that, the bank needs to apply for mortgage registration, which takes about 7 days.
Finally, the bank needs to face the borrower face to face, which takes a day. After the face-to-face signing is passed, the bank will generally lend the loan funds to the third-party account within 7 days. When lending money, banks usually send text messages or call to remind them.
If the borrower applies for a provident fund loan, it will take longer to lend because it involves the approval process of the provident fund center. Provident fund loans generally take 2-3 months from approval to lending.
Generally speaking, when approving loans, bank loan approvers will put forward some additional requirements according to the actual situation of users, and banks will only lend money after users need to implement relevant conditions.
Before applying for a loan, the borrower can check whether there are overdue records in his personal credit report and whether the bank's running water meets the loan requirements within six months.
Just received: Xiao Mu data. Click Query and enter information in the applet, and you can find your own credit data, personal credit status, network black index score, blacklist, online loan application record, application platform type, overdue, overdue amount, credit card and online loan credit estimated amount and other important data information.
Extended data:
How to eliminate the number of personal credit inquiries?
No one can delete the credit record, and it will be automatically deleted from the credit report only when the time is up. Among them, bad credit records need to be eliminated after 5 years of bad behavior termination; Query records only show the records in the last two years, that is, each query record is pushed back two years according to the query time, that is, the time when it was eliminated.
But it doesn't mean that the borrower can't apply for a loan before the inquiry record is completely eliminated. As long as it takes about 36 months to properly maintain the credit information, if there are no new inquiry records, no bad credit records and good personal repayment ability, most lending institutions will still recognize the qualifications of borrowers.
How many days does it usually take a bank to approve a loan?
The loan approval of general banks will not exceed two weeks. Of course, different loan products have different loan approval times. For example, mortgage approval takes a long time, taking several days or even a week, but credit loans may only take a few minutes.
If the bank hasn't given the loan information to the customer for a long time, then the customer can communicate with the bank, take a look at the loan process, and give timely feedback on the loan in case of doubt, so as to ensure the smooth issuance of the loan as much as possible.
The loan will be released within a few days after it is approved.
After you apply for a loan in our bank, you need to approve the loan and complete the preconditions (such as mortgage registration) before you can lend money. Therefore, it is suggested that you directly contact the account manager who handles the loan to confirm the specific reasons for not lending, so as to deal with it as soon as possible.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
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