How long does it take for a bank loan to buy a car?

1. How long does it take to get a bank loan to buy a car?

It usually takes five working days or a week.

There are many ways to borrow money to buy a car, and there are also many lending institutions to choose from. Different lending institutions have different loan interest rates.

One is the auto finance company. The lending standards of auto financing companies are relatively loose, and the loan procedures are simpler. The whole process only takes two or three days, and the customer can get the car without paying the handling fee and mortgage fee, which is convenient and fast. The higher the credibility, the smoother the loan.

Second, bank car loans. The audit procedures for bank car loans and credit cards by stages are relatively complicated, which generally takes five working days or a week, and the requirements for the lender's occupation, income and credit are relatively high.

Consumer car loan refers to the RMB loan that the borrower pays a certain proportion of down payment when purchasing consumer cars (excluding used cars), and the insufficient part is paid by the bank directly to the car dealer.

Personal consumption car loan:

I. Loan conditions

1, a natural person with full capacity for civil conduct;

2. Effective proof of personal identity;

3. Have the legal ability to repay the loan principal and interest;

4. Good personal credit;

5. Holding a car purchase contract, agreement or letter of intent approved by the handling bank;

6. Providing collateral (pledge) recognized by the handling bank or individuals or units with sufficient compensation capacity to provide irrevocable joint liability guarantee for third parties; Or provide corresponding materials that meet the customer access conditions of the Interim Measures for the Administration of Personal Credit Revolving Loan Quota of Bank of China;

7. Proof of the down payment ability of the car purchase limit stipulated in these Measures;

8. Other conditions stipulated by the handling bank.

Second, the loan application

Materials to be provided for applying for personal consumption car loan business:

(a) loan application;

(two) the original identity card, residence booklet or other valid proof of residence, and provide a copy;

(3) Proof of professional and economic income, including but not limited to income certificate issued by the unit, bank deposit certificate, credit card statement, tax payment certificate, etc. ;

(four) the car purchase agreement, contract or letter of intent signed with the dealer;

(5) The certificates or documents required for the guarantee, including the list of mortgaged (pledged) goods, and the certificate that the person who has the right to dispose of it (including the property owner) agrees to mortgage and pledge; Certificate of ownership or use right of collateral issued by the competent department, written appraisal certificate (written appraisal of vehicle invoice price combined with market published price), and documents agreeing to insure; Pledged goods need to be delivered with pledged goods or rights certification documents; The guarantor agrees to perform the guarantee contract and relevant credit certification materials of joint and several liability guarantee; Or documents proving that they meet the conditions for credit loans;

(6) Relevant certificates that the down payment for car purchase has been paid;

(7) Other documents required by the branch.

Third, the loan limit.

The loan amount of general customers is not higher than 60% of the car price in principle, and the guarantee provided by high-quality customers is not higher than 70% of the car price in principle; In principle, the loan amount for high-quality customers is not higher than 70% of the car price.

Four. length of maturity

The term of personal automobile consumption loan for ordinary customers shall not exceed 3 years (including 3 years) in principle; The term of personal automobile consumption loan for high-quality customers shall not exceed 5 years (including 5 years).

Verb (abbreviation for verb) loan interest rate

According to the length of the loan period, the loan interest rate of the corresponding grade published by the People's Bank of China shall be implemented, and the benchmark interest rate shall be implemented for the loan interest rate of general customers, which shall not be lower than the benchmark interest rate in principle;

With the approval of provincial branches, the loan interest rate of high-quality customers may be appropriately lowered on the basis of the benchmark interest rate, and the downward rate shall not exceed 10%.

Intransitive verb loan currency

Currently only RMB.

Seven. Loan guarantee letter

(1) The borrower shall provide sufficient and effective guarantee as a reliable second repayment source. Among them, ordinary customers must provide either of the following two guarantee methods, and high-quality customers can provide either of the following guarantee methods.

1. Mortgage of purchased vehicles

2. Irrevocable joint and several liability guarantee of the third party (natural person or legal person)

3. Mortgage/pledge of property other than the purchase of vehicles

4. Other guarantee methods recognized by the Head Office.

(2) Credit loans can be used for high-quality customers of consumer car loans who meet the requirements of the Interim Measures for the Administration of Personal Credit Revolving Loan Quota of Bank of China.

(3) The loan guarantee shall be managed in strict accordance with the Guarantee Law and other relevant laws and regulations as well as the relevant provisions of the Bank's current mortgage/pledge guarantee.

Eight. Loan insurance

Collateral insurance shall be handled according to the requirements of China Bank, and the insurance period shall not be shorter than the loan period, and the insurance amount shall not be less than the sum of the loan principal and interest. Bank of China enjoys the priority of compensation under the insurance policy, and the insurance policy shall not contain any restrictive clauses that are detrimental to the rights and interests of Bank of China. If the purchased vehicle is used as collateral, Bank of China will require the collateral to have at least vehicle loss insurance and theft insurance.

During the validity period of the insurance, the insurance shall not be interrupted or cancelled for any reason; If the insurance is interrupted, the Bank of China has the right to take out insurance on its behalf. In case of damage beyond the scope of insurance liability, the Bank of China shall be informed in time and other guarantees shall be implemented.

Nine. Loan repayment

Monthly (quarterly) repayment of loan principal and interest is adopted, and the specific repayment methods can be equal principal and interest repayment method and average capital repayment method. High-quality customers whose loan term is within 1 year (including 1 year) can repay the loan principal and interest in one lump sum, and the loan amount is not higher than 60% of the car price.

Applicable object

People's Republic of China (PRC) citizens with full capacity for civil conduct, or Hong Kong, Macao and Taiwan residents and foreigners who have lived in People's Republic of China (PRC) for more than 1 year (inclusive).

2. How many days does it take for the Bank of China to get a car loan?

Bank of China borrowed money to buy it. The specific process is as follows: first, the customer asks the car dealer, and the insurance company requires the customer to prepare personal data according to relevant regulations. These materials include: ID card, income certificate, marriage certificate and copy of residence certificate (household registration book or temporary residence permit). If the owner is an employee of a state-owned enterprise, a copy of the work permit is required. If the owner is an individual and private household, it is necessary to provide business license, tax registration certificate, organization code certificate and other relevant guarantors with local household registration. After the information is fully prepared, the guarantee company will conduct on-site investigation in the bank. Finally, banks sign loan contracts with customers. Guarantee fee: A guarantee company revealed to reporters that the charging standard is 300 yuan within the Third Ring Road, and the third ring road file management fee is charged annually in 200 yuan according to the loan term; Before a customer signs a loan contract with a bank, it depends on the loan amount and loan term. At present, the loan period of Chengdu car loan is generally five years and the loan period is one year. The guarantee fee is 1.4%- 1.6% of the loan amount. The loan is two years, and the guarantee fee is 65438+ 0.8%-2% of the loan amount; The loan is for three years, and the guarantee fee is 2.5% of the loan amount. At this stage, most car owners choose loans to buy cars: in addition to the above-mentioned necessary information, there are still some problems to pay attention to: if the customer's account is not on the residence certificate; For customers who have no real estate, they need a person with real estate as a guarantee; When the customer is in mortgage to buy a house, he should issue a copy of the purchase contract and a repayment passbook; Customers who have real estate but are still processing the property right certificate need a certificate from the relevant real estate company. In addition, if the customer can also issue academic certificates, deposit certificates, water and electricity payment vouchers, etc. The loan application will be easier to pass. Buying a car with a loan also involves auto insurance. At present, there are various risks in automobile insurance. However, if you buy a car by mortgage from a guarantee company, you need to buy the whole car theft insurance, car damage insurance and no insurance except the third party liability insurance.

Third, how long does it take for a bank car loan to be approved?

Hello, it's my pleasure to serve you. How long it takes to approve a car loan depends on the lending institution. Different lending institutions have different loan interest rates. Car loan approval usually takes about a week.

1. The lending standards of auto financing companies are relatively loose, and the loan procedures should be simple. The whole process only takes two or three days, and the customer can get the car without paying the handling fee and mortgage fee, which is convenient and fast. The higher the credibility, the smoother the loan. 2. The bank car loan review procedure is relatively complicated, which generally takes five working days or a week, and the requirements for the lender's occupation, income and credit are relatively high. I hope my answer is helpful to you.

How long will it take to approve the car loan and ask questions?

Hello, it's my pleasure to serve you. How long it takes to approve a car loan depends on the lending institution. Different lending institutions have different loan interest rates. Car loan approval usually takes about a week.

1. The lending standards of auto financing companies are relatively loose, and the loan procedures should be simple. The whole process only takes two or three days, and the customer can get the car without paying the handling fee and mortgage fee, which is convenient and fast. The higher the credibility, the smoother the loan. 2. The bank car loan review procedure is relatively complicated, which generally takes five working days or a week, and the requirements for the lender's occupation, income and credit are relatively high. I hope my answer is helpful to you.

If the car loan, credit and running water can't be done?

You can't. The most important thing for banks is to look at the running water of banks.

Application conditions for mortgage car purchase:

Having valid identification and full capacity for civil conduct; Can provide fixed and detailed address proof;

Have a stable job and the ability to repay the loan principal and interest on schedule; Personal social credit is good; Holding a car purchase contract or agreement approved by the lender; Other conditions stipulated by the cooperation organization. answer

I don't know if I passed until I make an audit call. Ask a question

Yes, the bank has passed the examination and will notify you by text message or telephone. answer

Will the loan be reduced? Ask a question

There is no answer.

How long does it usually take to call and ask questions?

It usually takes three to five working days to reply.

How long does it take to get a third-party loan? Ask questions.

One to three days to answer.