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Commercial student loans Generally speaking, commercial student loans are commercial loans provided by loan banks to students who are receiving non-compulsory education. Loans can only be used for students' tuition and fees, living expenses and other learning-related expenses. The loan period of general commercial student loans is generally 6 months to 5 years, and the longest is not more than 8 years; At the same time, it is necessary to provide property mortgage, pledge or third-party guarantee recognized by the loan bank as the loan guarantee condition; The loan interest rate shall be in accordance with the loan interest rate of the same grade in the same period stipulated by the People's Bank of China (the interest rate of Bank of Communications may be in the People's Bank of China). Edit this business education aid
Commercial education student loan refers to a kind of RMB loan and foreign exchange loan issued by the lender to the borrower for tuition and fees and living expenses (including travel expenses abroad) required by the borrower himself or his legal guardian to study for master's and doctoral degrees in domestic primary schools, or for secondary schools and universities approved to study for master's and doctoral degrees abroad.
I. Loan conditions
The conditions for the educated to borrow money are: 1, with full capacity for civil conduct; 2. Those who have foreign schools must have their own passports or passes; 3, with the letter of study) or student ID card and proof of tuition and living expenses required during the study period issued by the school; 4. Meet the learning and behavior standards required by the lender and have no bad credit behavior; 5. Promise to inform the lender of the latest work unit and some requirements of effective education in time after leaving school, and agree that the loan overdue for one year will not be repaid, and announce its breach of contract in relevant media; 8. Provide assets mortgage and cross-examination recognized by the lender; 9. Other loan conditions stipulated by the lender. As a borrower, an educated guardian must meet the following conditions when applying for a commercial student loan: 1, with full capacity for civil conduct; 2. Have a local permanent residence or valid residence status and a detailed fixed address; 3. Have a legitimate occupation and a stable source of income, good credit and the ability to repay loans; 4. Admission notice, with proof of tuition and fees and living expenses required during the study period issued by the school, asset mortgage, pledge or third-party joint liability guarantee; 6. Educated people already have a certain proportion of education expenses; 7. Other loan conditions stipulated by the lender.
Second,
The term of commercial student loans is generally one to six years, and the longest is not more than ten years (including ten years).
Third, the loan limit.
The amount of commercial student loans is 80% of the total tuition and living expenses required during the study period.
Fourth, loan repayment.
Within (including 1 year), repay the principal and interest once a month or at maturity; If the loan term exceeds 1 year, the principal and interest of the loan shall be repaid monthly, and the monthly repayment amount shall be determined once every academic year according to the number of loans issued each year. The borrower shall voluntarily deposit the monthly loan principal and interest into his deposit account before the monthly repayment date stipulated in the loan contract, and the bank will directly deduct the lender's consent to the borrower's prepayment in part or in whole.
Verb (abbreviation for verb) loan application
(1) The payee needs to provide the following information: 1, the original and photocopy of the personal valid residence identity certificate; 2. The school's admission notice and photocopy or student ID card and photocopy; 3. Proof of living expenses issued by the school; Personal savings or credit card account; 5. Other supporting documents and materials required by China Bank. (2) As a borrower, the educated should provide the following information: 1, the original and photocopy of the identity card, household registration book or other valid residence certificate of the individual and spouse; 2. Written proof of the relationship between the borrower and the educated person recognized by China Bank; 3, the admission notice of the education school and the proof of the tuition and living expenses required during the study period; 4. If the real estate is mortgaged or pledged, a list of mortgaged property and pledged property and a letter of commitment or statement signed by the person who has the right to dispose of it (including the co-owner of the real estate) agreeing to mortgage or pledge shall be provided. In case of collateral, submit the value evaluation report issued by the relevant department and the insurance documents of the insurance company; in case of pledge, provide the certificate of rights. If the guarantee is provided by a third party, a written document of the guarantor's consent to the guarantee and relevant credit certification materials shall be issued; 5. Personal savings or credit card account opened in China Bank; 6. Other supporting documents and materials required by China Bank.
Sixth, the applicable object
A borrower refers to an educated person who is studying in a domestic middle school or an ordinary institution of higher learning and studying for a master's degree or a doctor's degree, or has been approved to study in a middle school or university and study for a master's degree or a doctor's degree abroad or his legal guardian.
Third, how to apply for a commercial student loan?
Commercial student loans General commercial student loans are commercial loans issued by loan banks to students who are receiving non-compulsory education or their immediate family members or legal guardians. Loans can only be used for students' tuition and fees, living expenses and other learning-related expenses. The loan period of general commercial student loans is generally 6 months to 5 years, and the longest is not more than 8 years; At the same time, it is necessary to provide property mortgage, pledge or third-party guarantee recognized by the loan bank as the loan guarantee condition; The loan interest rate shall be implemented according to the loan interest rate of the same grade in the same period stipulated by the People's Bank of China (the general commercial student loan interest rate of Bank of Communications may rise on the basis of the benchmark interest rate stipulated by the People's Bank of China 10%). Edit this business education student loan
Commercial student loan refers to a kind of RMB loan and foreign exchange loan issued by the lender to the borrower for the tuition and living expenses (including overseas travel expenses) required by the borrower himself or his legal guardian to attend domestic primary schools, middle schools and ordinary institutions of higher learning and study for master's and doctoral degrees, or has been approved to attend secondary schools and universities and study for master's and doctoral degrees abroad.
I. Loan conditions
As a borrower, an educated person must meet the following conditions when applying for a commercial student loan: 1, with full capacity for civil conduct; 2. Have a valid residence identity card, and you must have a passport or pass to study abroad; 3. With the school's admission notice (admission notice) or student ID card and the certificate of tuition and living expenses required during the study period issued by the school; 4. Meet the learning and behavior standards required by the lender and have no bad credit behavior; 5. Promise to inform the lender of the latest work unit and effective communication mode in time after leaving school; 6, there is a certain proportion of education funds needed by the educated; 7. If it is agreed in writing that the loan overdue for one year will not be repaid, the lender may announce the breach of contract in its school or related media; 8. Providing mortgage or pledge of assets recognized by the lender or third-party joint liability guarantee; 9. Other loan conditions stipulated by the lender. The immediate family members and legal guardians of the educated, as borrowers, must meet the following conditions when applying for commercial student loans: 1, with full capacity for civil conduct; 2. Have a local permanent residence or valid residence status and a detailed fixed address; 3. Have a legitimate occupation and a stable source of income, good credit and the ability to repay loans; 4. The educated person has the school's admission notice or admission notice, and the certificate of tuition and fees and living expenses required during the study period issued by the school; 5. Providing mortgage or pledge of assets recognized by the lender or third-party joint liability guarantee; 6. Educated people already have a certain proportion of education expenses; 7. Other loan conditions stipulated by the lender.
Second, the loan term.
The term of commercial student loans is generally one to six years, and the longest is not more than ten years (including ten years).
Third, the loan limit.
In principle, the amount of commercial student loans shall not exceed 80% of the total amount of tuition and fees and living expenses required by the educated during their school days.
Fourth, loan repayment.
If the loan term is within 1 year (including 1 year), the principal and interest can be repaid once a month or at maturity; If the loan term exceeds 1 year, the principal and interest of the loan shall be repaid monthly, and the monthly repayment amount shall be determined once every academic year according to the number of loans issued each year. The borrower shall voluntarily deposit the monthly repayment principal and interest into his deposit account before the monthly repayment date stipulated in the loan contract, and the bank will directly deduct the monthly repayment principal and interest. With the consent of the lender, the borrower is allowed to prepay in part or in whole.
Verb (abbreviation for verb) loan application
(1) As a borrower, the educated should provide the following information: 1. Original and photocopy of personal valid residence identity certificate; 2. The school's admission notice and photocopy or student ID card and photocopy; 3. Proof of tuition and fees and living expenses required by students during their study period issued by the school; 4. Personal savings or credit card account opened in China Bank; 5. Other supporting documents and materials required by China Bank. (2) The educatee, as the immediate family member and legal guardian of the borrower, provides the following information: 1, the original and photocopy of the identity card, household registration book or other valid residence certificate of the individual and spouse; 2. Written proof of the relationship between the borrower and the educated person recognized by China Bank; 3, the admission notice of the education school and the proof of the tuition and living expenses required during the study period; 4. If the real estate is mortgaged or pledged, a list of mortgaged property and pledged property and a letter of commitment or statement signed by the person who has the right to dispose of it (including the co-owner of the real estate) agreeing to mortgage or pledge shall be provided. In case of collateral, submit the value assessment report issued by the relevant department and the insurance documents of the insurance company; in case of pledge, provide the certificate of rights. If the guarantee is provided by a third party, a written document of the guarantor's consent to the guarantee and relevant credit certification materials shall be issued; 5. Personal savings or credit card account opened in China Bank; 6. Other supporting documents and materials required by China Bank.
Sixth, the applicable object
A borrower refers to an educated person who is studying in a domestic middle school or an ordinary institution of higher learning and studying for a master's degree or a doctor's degree, or has been approved to study in a middle school or university and study for a master's degree or a doctor's degree abroad or his legal guardian.
4. What materials do China Bank need for commercial student loans?
Materials for handling the commercial student loan: 1, the borrower's ID card, the original household registration book or other valid residence documents, the valid identity certificate of the educated person, and the passport or pass of the educated person attending the school abroad, and provide copies of the above documents; 2. Proof of the guardianship relationship between the borrower and the educated recognized by the lender; 3. Proof that the borrower or his family members recognized by the lender have a fixed occupation and stable economic income; 4. The original and photocopy of the letter of admission or the letter of admission of the educated person to the school, as well as the relevant materials of the total amount of tuition and fees and living expenses required by the students attending the school during their study (if studying abroad, a qualified translation company shall be provided to provide the Chinese translation of the materials provided by the school); 5. If the property is mortgaged (pledged), a list of mortgaged property and pledged property and a commitment or statement signed by the person who has the right to dispose of the property (including the property co-owner) agreeing to mortgage (pledge) shall be provided. Collateral shall be submitted to the value evaluation report issued by the competent department, and the pledge shall provide proof of rights. If it is guaranteed by a third party, it shall issue a written document and relevant credit certification materials that the guarantor agrees to undertake irrevocable joint and several liability guarantee; 6. The borrower and guarantor shall personally issue and sign a written authorization, and agree to the bank's inquiry on their personal credit report; 7. Other supporting documents and materials required by China Bank. As the situation in different provinces is different, please consult the handling outlets or call the customer service hotline of China Bank at 95566 for details. The above contents are for your reference. Please refer to the actual business regulations. If you have any questions, please contact online customer service of Bank of China. You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.