Personal loan interest rate of rural commercial banks

I. Interest rate of personal loans of rural commercial banks

The loan interest rate of rural commercial banks fluctuates on the benchmark interest rate of the central bank, as follows:

1. Short-term loan: the loan interest rate within one year (inclusive) is 4.35%.

2. Medium and long-term loans: the loan interest rate for one year to five years (inclusive) is 4.75%; The loan interest rate for more than five years is 4.9%.

3. Personal housing provident fund loan: the loan interest rate for five years and below is 2.75%; The loan interest rate for more than five years is 3.25%.

Specifically, the loan contract interest rate of rural commercial banks shall prevail.

2. What is the personal loan interest rate of rural commercial banks?

Legal analysis: Rural commercial banks in different regions have independent systems, and the loan interest rate is determined by the central bank according to its own situation, and the interest rates of different loan products are different. The benchmark interest rate of central bank loans is within 1 year, the interest rate is 4.35%, 1 or above, and the interest rate is 4.9%.

Legal basis: People's Republic of China (PRC) Commercial Bank Law.

The upper and lower limits of the loan interest rate stipulated by the People's Bank of China determine the loan interest rate.

Article 39 Commercial banks should pay attention to the following assets when issuing loans.

(1) The capital adequacy ratio shall not be less than 8%.

(2) The ratio of loan balance to deposit balance shall not exceed 75%.

(3) The ratio of the balance of current assets to the balance of current liabilities shall not be less than 25%.

(4) The capital balance ratio of the same borrowing bank shall not exceed10%;

(5) Other provisions of the State Council Banking Regulatory Authority on asset-liability ratio management.

If the asset-liability ratio of a commercial bank established before the implementation of this law does not meet the provisions of the preceding paragraph after the implementation of this law, it shall meet the provisions of the preceding paragraph within a certain period of time. Do it concretely

Three, rural commercial bank loan interest

The frequency of interest settlement is divided into: annual settlement, quarterly settlement, monthly settlement and compound interest. At present, the interest rate of micro-credit loans for farmers is 8.64%, 10000 yuan, 72.00 yuan per month, 5000 yuan, and the interest for two years =2436=864. That's about it. If there is compound interest, it needs to be increased.

4. What's the interest on the loan of 200,000 yuan from rural commercial bank in Donglinxi Town, Xiuning County?

Clear conclusion: According to the loan amount and loan term, what is the total interest of the rural commercial bank in Donglinxi Town, Xiuning County for 200,000 years?

Explanation: The calculation formula of interest is: total interest = loan amount × annual interest rate × loan term.

Among them, the annual interest rate is the interest rate stipulated by the bank.

According to the current loan interest rate table, the annual interest rate of Xiuning Rural Commercial Bank's five-year loan is 5.85%.

Content extension: Therefore, the total interest of rural commercial bank loan in Donglinxi Town, Xiuning County for 200,000 years is calculated as: 200,000× 0.0585× 5 = 58,500 yuan.

In other words, the borrower needs to pay * * * 58 500 yuan interest in five years.

However, it should be noted that the real interest rate may change due to the adjustment of banking policies, so the specific interest amount needs to be based on the interest rate table at that time.