You are handling a small loan. You can carefully check the loan contract and sign it after it is correct.
Conditions needed for small loans
1, must be a China citizen with full capacity for civil conduct, generally required to be between 18-60 years old, and some banks will limit it to 25-50 years old;
2. Have a fixed residence, or have a fixed residence (or valid residence certificate) in a local town, 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.
How to apply for a small loan from a bank
1. The borrower shall apply to the bank outlets offering small loans. At the time of application, the borrower should bring his ID card and other relevant information, and if he is a merchant, he should also bring his business license;
2. After receiving the lender's application, the bank will investigate the lender. The bank mainly examines the lender's personal credit status and personal income status to decide whether to pass and lend;
3. After investigation and approval by the bank, sign a loan contract with the bank;
4. The bank lent money, and the lender successfully got the loan.
Information needed for microfinance
1. Personal identification. Valid second-generation ID card, residence permit in this city, household registration book, marriage certificate, etc.
2. Proof of stable address. Housing lease contract, utilities, property management and other related certificates.
3. Proof of income source. The bank's account flow sheet for the past six months, the unit labor contract, etc.
4. Personal credit status. You can directly check and download the personal credit report in the credit center and submit it to the bank staff.