Pledged loan refers to a loan with the movable property or rights of the borrower or a third party as collateral, mainly for movable property or property rights, such as bonds, securities, bank deposits, company patents, etc. During the loan period, the borrower needs to hand over the pledged property to the lender for management, and it can only be owned by itself after the loan expires.
Pledged loan interest rate
At present, the interest rates of pledged loans of banks are basically determined according to the benchmark interest rate of RMB loans of the central bank. Generally, the real estate mortgage used for business operation will rise above the benchmark interest rate by 20%, and the interest rate for personal consumption is generally 10%, which is also related to the borrower's credit status, submitted materials and loan term. At present, the central bank's RMB loan interest rate is:
4.35% within 6 months
6 months-1 year 4.35%
1 to 3 years 4.75%
3 to 5 years 4.75%
More than 5 years, 4.90%
It is recommended that you consult the customer service staff of the relevant bank when handling.
The difference between pledge loan and mortgage loan
Pledged loan is a loan with movable property or rights (intellectual property, bill securities, real estate license, stocks, etc.). ) lenders or third parties as collateral. The pledged property needs to be kept by the bank, and the borrower cannot continue to use it. When the lender fails to repay the loan in time, the bank or financial institution has the right to sell the property according to law, and the proceeds from the sale will be used to repay the debt.
Mortgage loan is a loan issued with the property of the lender or a third party (movable and immovable property, houses, cars, machinery and equipment, etc.). ) as collateral. The collateral is not kept by the bank, and the borrower continues to use it. When the lender fails to repay the loan in time, the bank or financial institution has the right to auction or sell the property according to law, and the proceeds will give priority to repaying the debt.
Generally speaking, the difference between the two is mainly reflected in the following points:
(1) Collateral does not transfer possession, but pledge must transfer possession.
② The subject matter of mortgage is chattel and immovable property, and the subject matter of pledge is chattel and property right.
(3) The mortgage contract shall come into effect as of the date of signature, and the pledge contract shall come into effect as of the date of delivery of the pledged property or property certificate.