Is the lightning loan of China Merchants Bank formal? I feel the interest rate is so low. Please take a look at it for me. Is it true?/You don't say.

The lightning loan of China Merchants Bank is formal. China Merchants Bank independently promotes lightning loans and mortgage loans, and the interest rate is very low, within 8%- 10% per year. You can try to cooperate with China Unicom to get a good loan, and the interest rate is within 1 1%, which is relatively acceptable, so it is true.

I. The specific calculation method of lightning loan of China Merchants Bank is as follows:

1. The interest of lightning loan of China Merchants Bank is calculated according to the daily interest rate, which is 0.042%.

2. The calculation formula of lightning loan interest of China Merchants Bank is: 0.042%* loan amount * loan term. The minimum loan amount of China Merchants Bank's lightning loan is 1 1,000 yuan, and the maximum is 500,000 yuan. There are three options for the loan term, namely 6 months, 12 months. The calculation of lightning loan interest of China Merchants Bank is related to the loan amount and term. Extended data:

"Lightning loan" is the Chinese translation of P2P lending. To put it simply, individuals with money and financial investment ideas lend money to other people with borrowing needs through intermediaries.

Two, China Merchants Bank lightning loans need to meet the following conditions:

1, CMB card customer

Lightning loan is only for internal customers of China Merchants Bank. Applicants need to handle retail business such as deposit, wealth management, easy receipt and payment, and payroll payment at China Merchants Bank for a certain period of time, and have opened a one-card card at China Merchants Bank. For the specific time limit, please call the customer service of China Merchants Bank for consultation.

2. Good reputation

Applicants must have a good reputation, and their loans and credit cards are not overdue. If it is overdue for less than 2 years, you cannot apply for a lightning loan from China Merchants Bank. If you are not qualified to apply for lightning loan, you need to continue to handle various retail businesses in China Merchants Bank and maintain a good credit record. When the borrower meets the requirements for applying for lightning loan, he can receive a short notice message of lightning loan funds.

If there are more retail businesses (such as deposits and wealth management) handled in China Merchants Bank, the longer the time, the more transactions and the more deposits retained, the higher the probability of obtaining "lightning loans" and the greater the amount that may be obtained; Besides, you need to keep a good personal credit record.