Shanghai Bank Decoration Loans are disbursed in several installments

Usually, it is divided into three times: once for the start of construction, once for the process, once for nearly completion, and sometimes twice, and once for small amounts, depending on the actual situation.

The bank account manager will come to verify in stages

Renovation loans are not one-time loans. In principle, the single loan amount of personal housing decoration loans issued by banks does not exceed 500,000 yuan, and most loans are issued in two installments.

Users of the first loan can use the funds to renovate the water and electricity of the house, etc. The second loan is mainly issued during the interior decoration.