Postal savings and loan business

1. Postal Savings Loan Business

Currently there are two types of loan business offered by Postal Savings Bank: 1. Small amount; divided into (1) Personal pledge with ID card and time deposit certificate (The account opening date is more than 20 days) Go to the Postal Savings Branch to go through the relevant procedures, (very simple and convenient) (2) The borrower holding the pledge of others holds the ID card, and the pledger holds the ID card and the pledge deposit certificate (the account opening date is more than 30 days)* **Go to the Postal Savings Bank outlet to complete the relevant procedures. (A little more cumbersome) Postal Savings has clear regulations on small amounts and loan periods. The maximum limit for a single customer's small amount of savings cannot exceed 200,000 yuan (including 200,000 yuan) for himself, and the maximum limit for others cannot exceed 100,000 yuan (including 100,000 yuan). Ten thousand yuan), the minimum loan amount is 1,000 yuan, and each loan shall not exceed 90% of the total amount of the pledged deposit certificate. The maximum number of pledged deposit certificates is 5, and the pledged deposit certificate must be opened 30 days before the pledge procedure can be processed, and instant loans are not allowed , the loan term does not exceed 12 months. If approved successfully, the borrower can get the loan within two days. The postal interest rate follows the benchmark interest rate stipulated by the People's Bank of China. The loan interest rate for less than half a year is only 5.58, the loan rate for half a year to one year is 6.12, and the minimum interest rate for a loan of 10,000 yuan is only 1.55 yuan per day. If the loan exceeds 50,000 yuan (not included), the loan interest rate can also be reduced by 5%. 2 Small credit loans; loan targets are farmers; loan amount: up to 50,000 yuan. Loan term: 1-12 months. Loan interest rate: monthly interest 1 point 3% 2 Repayment method: (1) One-time principal and interest repayment method: For loans within 4 months (including 4 months), one-time principal and interest repayment; (2) Equal principal and interest repayment method: 1 For loans from 1 to 12 months, the principal and interest of the loan shall be repaid in equal monthly installments; (3) Phased equal principal and interest repayment method: For loans from 4 months to 1 year, only interest will be repaid in the first 8 months, and thereafter in equal installments monthly Loan principal and interest; Guarantee conditions: The guarantor must be a civil servant, a formal employee of a public institution or a state-owned large and medium-sized enterprise. Applicant requirements: 20 to 60 years old (married), in good health, have a local household registration or have lived locally for one year; engaged in rural land farming or other production and business activities related to rural economic development; have a fixed residence and be in the area Inside. Materials required to be submitted include the original and a copy of the applicant's ID card, the original and a copy of the guarantor's ID card, and a certificate from the work unit, stamped with the official seal of the unit. Loan application process Find a guarantor ----- apply at the counter or by phone----fill in the application form-----submit materials-----accept investigation-----wait for approval---- -Notify the approval results----sign the loan contract----issuance of the loan---post-loan inspection-----loan recovery. Loan objects are merchants; loan objects: individual industrial and commercial households and sole proprietorships; loan amount: up to 100,000 yuan; loan period: 1 to 12 months; loan interest rate: 1 cent and 3 percent per month; repayment method: ( There are also 3 repayment methods, the same as those for farmers) Applicant conditions: 18 to 60 years old, in good health, have a local household registration or have lived locally for one year; the production or business projects they engage in comply with national industrial policies and laws and regulations ; Have a business license approved and annually inspected by the industrial and commercial department; have a fixed business location and be within the region. Materials that need to be submitted include an original and a copy of the applicant’s ID card, an original and a copy of the business license approved by the industrial and commercial department and annual inspection, an original and a copy of the guarantor’s ID card, and a certificate from the work unit with the official seal of the unit.

2. How to get a loan from Postal Savings Bank

First of all, the customer submits a loan application. After the clerk of Postal Savings Bank accepts it, the loan specialist will go to the loan applicant’s production and business premises and home. Conduct an on-site investigation of your residence and submit relevant materials to the review and approval personnel. Once approved, you will be notified to sign a loan contract with the relevant personnel.

Extended information: The Postal Savings Bank of China can be traced back to the postal savings business launched in 1919, which has a history of one hundred years. In March 2007, on the basis of reforming the original postal savings management system, Postal Savings Bank of China Co., Ltd. was officially established. In January 2012, the company was restructured into a joint stock limited company. In December 2015, ten domestic and foreign strategic investors were introduced.

It has nearly 40,000 business outlets and serves more than 600 million individual customers. It leverages the unique advantages of the "self-operated agent" model to serve "agriculture, rural areas and farmers", urban and rural residents, and small and medium-sized enterprises. The Bank has excellent asset quality and significant growth potential, and is China's leading large-scale retail bank. Adhere to serving the real economy, actively implement national strategies and support the construction of China's modern economic system, and achieve its own sustainable development. Adhere to customer-centeredness, build a financial service system that is interconnected and integrated online and offline, and provide customers with high-quality, convenient and efficient comprehensive financial services. We adhere to the risk-based approach and continue to improve the construction of a “comprehensive, full-process, all-staff” comprehensive risk management system, and asset quality continues to maintain an excellent level. A loan contract is a form of economic contract. That is, the lender will deliver the currency to the borrower for use, and the borrower will return a certain amount of currency and interest to the lender on schedule in accordance with relevant regulations, establishing an agreement on mutual rights and obligations. In order to ensure its own safety, the lender requires that the borrower's financial situation (especially its liquidity) during the validity period of the loan contract must be at least comparable to the situation when it signed the contract. The clauses listed in the loan contract to safeguard the interests of the lender are called protective clauses (Protectivecovenant). The loan contract itself simply indicates that the lender has the legal authority to take action if the borrower breaches the terms of the contract. Otherwise, the lender will be bound by the terms of the loan it promised and will not be able to take corrective measures until the end of the contract. The borrower should use the loan for the agreed purpose and not for illegal purposes. The purpose of borrowing stated in the loan contract shall not violate the state's restrictions on business operations, franchise operations, and the prohibition of operations expressly prohibited by laws and administrative regulations.

3. How to get a loan from Postal Savings Bank of China?

If you cannot get a loan from the Postal Savings Bank online, you must apply at the counter. The steps are as follows:

1. First, the customer applies for a loan.

2. Prepare the required materials:

(1) Application form;

(2) Original and copy of your valid ID;

(3) Your permanent residence in the local area or proof of residence for one year;

(4) Other materials required for applying for a loan;

( 5) Marriage certificate or marriage certificate.

3. After the application is accepted by the Postal Savings Bank clerk, the loan specialist will conduct an on-site investigation at the loan applicant’s production and business premises and family residence, and then submit the relevant materials to the review and approval personnel, and the application will be approved. You will be notified to sign a loan contract with the relevant personnel. After the loan contract is signed, you can obtain the loan.

4. What is the promotional term for China Postal Savings’ microfinance business?

Postal Bank slogan (part) is as follows: 1. Green savings and golden future 2. China Postal Savings People’s Financial Supermarket 3. The Postal Union reaches all over the world 4. Action comes from commitment and service comes from intention 5. Postal services are everywhere and finance is trustworthy 6. New style of savings for time-honored postal brands 7. Gold Medal Financial Management - Postal Savings Improves "Finance" 8. Integrity Postal Savings promotes development and sincere service warms people's hearts