What business does Rongtai Bank's existing pledge loan include?

1. Pledged loan refers to a kind of credit business in which the borrower obtains a certain amount of loan from the lending bank and repays the principal and interest of the loan on schedule with the unexpired personal time deposit certificate in local and foreign currencies issued by the lending bank (some banks mortgage the deposit certificate issued by other financial institutions that have signed a guarantee commitment agreement with the bank) as collateral. 2. Warehouse receipt pledge loan refers to a credit business in which a bank signs a cooperation agreement with a borrower (pledger) and a custodian (warehousing company) and applies for a loan from the borrower with the warehouse receipt owned by the borrower or held by a third party as collateral. 3. Intellectual property pledge loan refers to applying to the bank for financing after evaluating the legally owned patent rights, trademark rights and property rights in copyright. Due to the particularity of the implementation and realization of intellectual property rights such as patent rights, only a few banks provide such financing facilities to some small and medium-sized enterprises at present, and generally need the legal representative of the enterprise to add insurance. 4. Policy pledge loan refers to a financing method in which the insured directly mortgages the policy he holds to the insurance company and obtains funds according to a certain proportion of the cash value of the policy. 5. Bond pledge loan refers to a loan business in which the borrower takes the unexpired bond as pledge, obtains RMB loan from the loan bank, and repays the loan principal and interest in one lump sum at maturity. 6. Stock pledge loan refers to a loan method in which a securities company obtains funds from a commercial bank with its stocks, securities investment fund bonds and convertible bonds of listed companies as pledges. To sum up, if we have movable property and immovable property that can be pledged, it is a good choice to apply for a bank pledge loan when there is a demand for funds. The interest rate of pledged loans is equal to the benchmark interest rate of loans, which is much lower than that of private lending. And according to the different repayment methods, the calculation formula of interest is also different. Through the above, Bian Xiao told us the basic knowledge of how to calculate the loan interest of the pledged loan bank. The next time you handle this kind of business, you can calculate the interest yourself, so as to determine the repayment method that suits you.