Safe car owners can't borrow money to operate cars. At present, Ping An car owners only support private car loans, and operating cars do not provide loans now.
What conditions does Wenzhou Bank need to operate automobile mortgage? Satisfy these!
This year, many individuals choose to start their own businesses freely, and it is also a good choice to engage in passenger service. If you need to buy a car, you can try to apply for a bank mortgage loan, which can reduce the repayment pressure. Today, I would like to introduce the conditions for Wenzhou Bank to operate automobile mortgage, which borrowers need to meet.
I. Application conditions
(1) The borrower needs to have a permanent residence or a certificate of long-term residence in Wenzhou.
(2) Need to issue a work certificate, have a stable income, and continue to work for at least 2 years.
(3) Have sufficient repayment ability.
(4) A company engaged in passenger service provides an irrevocable full joint liability guarantee, plus a personal guarantee from the borrower's spouse.
(5) Need to provide a car purchase contract or agreement for operating a car.
(6) More than 30% of the funds needed for car purchase and operation shall be deposited in Wenzhou Bank as the down payment.
(7) After buying a car, you need to bring the mortgage contract of the operating car to the vehicle management office for mortgage registration. During the mortgage period, the borrower needs to go to the insurance company for property insurance of the collateral. Wenzhou Bank is the first beneficiary, and the insured amount shall not be less than the total loan principal and interest. During the period when the loan is not paid off, the operating car shall be insured.
(8) The handling bank, the borrower and the guarantee unit shall sign a tripartite cooperation agreement and open a loan repayment account in the loan bank to ensure the timely repayment of the loan principal and interest.
Second, the application materials
(1) certificate and guarantee opinion.
(2) If you are married, you need to provide marriage certificate, income certificate, work certificate, bank account, etc.
(3) approval of operating lines, car purchase contracts or agreements.
(4) proof of down payment for car purchase.
(5) Motor vehicle insurance policy of insurance company (provided when handling the mortgage of operating vehicles).
What is a personal car loan?
Personal business car loan refers to the car loan granted by the bank to natural persons for the purpose of making profits and engaging in legal production and business activities. Operating vehicles only refer to first-hand operating vehicles, including buses, trucks and construction machinery. Among them, construction machinery mainly refers to digging machinery (excavators) and scraper machinery (such as bulldozers, scrapers, loaders, flatbed trucks, forklifts, etc. ), hoisting machinery (crane), compaction machinery (roller), reinforced concrete construction machinery (such as concrete mixer, concrete mixer) and other construction machinery.
As there are differences among provinces, please consult the handling outlets or call our customer service hotline 95566 for details.
The above contents are for your reference. Please refer to the actual business regulations.
Excuse me, how to apply for personal car loan guarantee from China Bank?
Personal automobile loan guarantee of China Bank:
1. When handling the personal car loan business of our bank, the handling bank shall, on the basis of handling the mortgage of the purchased vehicles and construction machinery, add the following guarantee methods that meet the requirements of our bank, and make corresponding mortgage registration (the guarantee methods shall be agreed in the business cooperation agreement in the form of projects), depending on local trade practices, the borrower's credit standing, repayment ability and other factors:
(1) Property under the name of the borrower or a third party that meets the mortgage and pledge management regulations of China Bank.
(2) Standby letter of credit guarantee provided by the project partner, irrevocable joint liability guarantee (or repurchase), and a certain percentage of margin pledge guarantee provided to China Bank.
(3) Guarantee companies or other third-party legal persons recognized by Bank of China provide irrevocable joint and several liability guarantee and a certain percentage of margin pledge guarantee to Bank of China.
(4) Other guarantee methods recognized by tier-one branches.
2. Tier-1 branches shall specify the guarantee methods for different types of customers and cooperative projects according to the borrower's business experience, the duration and effectiveness of construction or operation contracts, partners and cooperation methods, loan interest rate and risk compensation ability, and other risk control means of the handling bank. In principle, a single type of guarantee shall not be adopted.
3. If the borrower mortgages the purchased construction machinery, the handling bank shall choose the following mortgage registration methods according to laws and regulations, local actual conditions and the nature of the construction machinery purchased by the borrower:
(1) Mortgage registration of vehicle management department.
(2) mortgage registration in the notary department.
(3) Registration with the administrative department for industry and commerce.
(4) Other mortgage registration methods stipulated by law and approved by China Bank.
As there are differences in business in individual regions, please consult the branch of China Bank for details.
The above contents are for your reference. Please refer to the actual business regulations.
Can I get a loan to buy a truck now?
Yes, you can.
Application process
1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time;
2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;
3. issue loans. After all the formalities are completed, the loan approved by the bank will be directly transferred to the car dealer account by the bank according to the contract;
4. Repay on schedule. The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract;
5. loan settlement. Loan settlement includes normal settlement and early settlement.
① Normal settlement: the loan shall be settled on the loan maturity date (one-time repayment of principal and interest) or the last installment (installment repayment);
② Early settlement: Before the maturity date of the loan, the borrower must apply to the bank in advance for partial or full settlement of the loan according to the loan contract, and the bank will repay the loan at the designated accounting counter after it is approved.
After the loan is settled, the borrower will retrieve the legal documents and relevant supporting documents extracted by the bank with his valid identity certificate and the loan settlement certificate issued by the bank, and go through the mortgage registration cancellation formalities with the original mortgage registration department with the loan settlement certificate.
Extended data:
Repayment method
1, equal repayment of principal and interest
When calculating, the interest generated by the monthly loan balance is calculated first, and the repayment principal of the current month is formed after deducting the interest payable from the equal repayment amount. At the initial stage of repayment, due to the large loan balance, interest accounts for a large proportion in monthly repayment.
The repayment of principal is relatively slow. With the passage of time, the loan balance gradually decreases, the interest ratio gradually decreases, and the principal ratio gradually increases. This repayment method is more suitable for people with fixed year-end bonus or fixed annual income.
matching principal repayments
The average capital of car loan refers to the average capital repayment method chosen by the borrower after the car loan. During the repayment period, the total loan amount is divided into equal parts, and the same amount of principal and interest generated by the remaining loans in the month are repaid every month, so that the monthly repayment amount is fixed.
Interest is getting less and less. At first, lenders are under great pressure to repay, but as time goes by, the monthly repayment amount is getting less and less. Calculation formula of average capital loan: monthly repayment amount = (loan principal/repayment months) (principal-accumulated repaid principal) × monthly interest rate.
2. Smart repayment
This repayment method is a new way of automobile repayment, that is, the loan is divided into two parts, which are repaid in the first and last installment respectively. After the smart balance payment expires, there are three different repayment schemes to choose from:
Option 1: Return the balance in one lump sum at maturity;
Option 2: Refinancing the balance and applying for loan extension 12 months;
Option 3: Return the balance through vehicle replacement.
3, worry-free wisdom repayment
Commonly known as "loan half, pay half"; 50% repayment at the end of the loan period. At the end of the loan period, there are three options: paying off the balance in full, applying for an extension of 12 months, and replacing the used car.