What are the application conditions for micro-credit loans of Agricultural Bank of China?

Micro-credit is an online financing product that provides customers with online self-help revolving credit loans based on the tax-related, industrial and commercial, credit information and behavior data of small and micro enterprises and their legal representatives in Agricultural Bank. So what are the application conditions for micro-credit loans? Good application?

What are the application conditions for micro-credit loans of Agricultural Bank of China?

1. The enterprise is legally established and in good operating condition;

2. The enterprise has good credit status and no bad credit;

3 the legal representative of the enterprise is a resident of Chinese mainland (excluding Hong Kong, Macao and Taiwan);

4. Other handling conditions required by the Agricultural Bank.

Agricultural bank micro-loan has the characteristics of low financing cost, wide coverage and fast business processing. As long as the user meets the relevant conditions, the probability of passing the bank audit is still relatively large.

The following is the application process of Agricultural Bank of China's micro-credit loan:

1 business application

Customers log in to the electronic channel designated by Agricultural Bank of China to apply for loans, as follows:

Business authorization: The enterprise logs on to the online bank of China Agricultural Bank or the enterprise bank, and signs agreements such as Authorization Agreement for Microfinance Business of China Agricultural Bank, Authorization for Enterprise Credit Information, Authorization for Tax Information, etc.

Acceptance of authorization: After receiving the SMS notification from Agricultural Bank of China, the legal representative logs into the online channel designated by Agricultural Bank of China to accept the authorization of the enterprise, and signs the Agreement on Authorization of Microfinance and Loan Business of Agricultural Bank of China, Personal Credit Authorization and other agreements.

Submit application: select the micro-loan products of Agricultural Bank of China, click Apply for Loan, fill in online and submit the loan application information.

2. Investigation, review and approval

China Agricultural Bank completed business investigation and approval as required.

3. Contract signing

After the loan is approved, the legal representative logs into the online channel designated by the Agricultural Bank to sign the loan contract.

4. Withdrawal and repayment

The enterprise or legal representative logs in to the enterprise online bank, the enterprise competent bank and the personal competent bank to use and repay the loan independently.

Repayment method: monthly (quarterly) repayment of principal and interest, lump-sum repayment of principal or interest with principal, subject to the contract.

Overdue collection: If the borrower breaches the contract within the time limit, ABC will adopt remote voice and SMS collection, door-to-door collection and judicial collection.