Deduction time of Hunan rural credit cooperative loan

The loan deduction time of Hunan Rural Credit Cooperative is generally the agreed repayment date, before 12 o'clock that night.

Rural credit cooperatives take the benchmark interest rate of central bank loans as the guiding interest rate of rural credit cooperatives, and credit cooperatives have the right to raise or lower the loan interest rate according to the borrower's situation.

The lower limit of the loan interest rate of rural credit cooperatives is 0.9 times of the benchmark interest rate, and the maximum floating coefficient is 2.3 times of the benchmark interest rate. The expected annualized interest rate of loans of rural credit cooperatives and banks can fluctuate, and if the benchmark expected annualized interest rate is adjusted again, it may be adjusted accordingly.