How long does it take for China Merchants Bank to lend money by car installment through its outlets?

Usually, after the installment loan of China Merchants Bank is approved, the loan will be released within one working day.

1. If the application is for Auto Purchase of China Merchants Bank, the time limit for auto purchase qualification review: China Merchants Bank mainly reviews the cardholder's card performance, professional status and income, which usually takes 1-3 working days. In case of special circumstances, the time limit for review will be extended.

2. Time limit for loan review by installment (car purchase): The audit department of China Merchants Bank will complete the loan review within 2-3 working days after receiving the loan materials from the lender. (The final approval is subject to the actual approval. After the loan is approved, China Merchants Bank will notify the lender by SMS). After the approval, the money will generally be released from China Merchants Bank on the next working day (in case of weekends and holidays, it will be postponed). Please confirm the specific arrival time with the cooperative dealer.