How to apply for Minsheng Bank car loan installment

Yes, after consumption, you can apply for installment payment for the people's livelihood.

Hope it helps.

When buying a car, the price of the car is determined at the designated dealership, and there will be restrictions on the selection of the car, and the car must be purchased from the brand dealer that cooperates with the bank, and then you can use the Minsheng Bank credit card to purchase the car.

After selecting the car at the dealership, show the credit card, ID card, income certificate or real estate certificate, and fill in the car purchase installment payment form, the dealer submits the customer's application materials to the bank, and after the application is approved, the customer goes to the dealer to pay the down payment and go through the insurance, mortgage and other related procedures. After receiving the notice from the dealer to pick up the car, the amount of the final payment and down payment for the car by swiping the card also ranges from 30% to 50%.

Minsheng Bank's credit card loan to buy a car is called "car purchase". Customers who hold a Minsheng Bank credit card can apply if they meet the application requirements. To apply, the following documents must be submitted:

1) Valid ID of the borrower;

2) Proof of property and income of the borrower and his/her spouse;

3) Proof of the purpose of the loan: a legal and valid car purchase contract, agreement or letter of intent must be provided;

4) Proof of down payment;

5) Personal credit report inquired through the credit information system of the People's Bank of China;

6) Other documents and materials required by Minsheng Bank.

Process: 1. Submit the application, and the bank will review the application;

2. The management system is quickly approved, and the agreement is signed after passing;

3. Formalities, dealers issue invoices for car purchases, handle merchant procedures and other related matters; 4. Complete the transaction.

3. Sign the car loan contract: apply for the installment purchase of the car at the designated dealer store with the credit card and the original valid ID card; Conclude car loan contracts and guarantee contracts, and handle relevant notarization and mortgage registration procedures as appropriate.

4. Auto loan issuance: The bank or auto finance company will directly transfer the account to the auto dealer's account by transfer according to the contract;

5. Customer pick-up of car: After completing the procedures for car purchase loan, the customer picks up the car and repays the principal and interest of the car loan on time.

6. Loan settlement: Loan settlement includes normal settlement and early settlement.

How to handle the personal car loan of Minsheng Bank? A car loan is a loan issued by a lender to a borrower who applies to buy a car, also known as a car mortgage. Motor consumer goods can also be purchased with a loan.

However, the requirements may differ for various financial institutions. Here, Bian Xiao introduces how to apply for a personal car loan from Minsheng Bank.

Car Loan Guide:

First, product features.

1.Long loan tenure and high amount;

2.Flexible loan options can be applied through our partner dealers or our outlets;

3.Fewer loan procedures, fast approval and timely disbursement;

4.The repayment is normal for more than one year, and there is no charge for early repayment.

Two. Basic information of the borrower.

1.A natural person who has reached the age of 18;

2.Have a stable job and income;

3.Have a good personal credit profile;

4.The types of cars purchased are mainly for personal and family use.

Three. Bidding process.

1.You can do so through our partner dealers or any of our business outlets.

2.Loan process.

Guarantee process: loan application, loan investigation, loan approval, loan signing, loan disbursement, vehicle mortgage;

Unsecured Process: Loan Application, Loan Investigation, Loan Approval, Loan Signing, Vehicle Mortgage, Loan Origination.

Four. Information to be provided.

1.Proof of the borrower's identity;

2.Proof of work: Huai Qingye;

3.Proof of income;

4.Other information requested by the bank.

Auto Loan Processing Channels:

1. Bank loans.

Choose to borrow money to buy a car through a bank loan. The loan interest rate is moderate, and there is a variety of vehicle types to choose from. However, in practice, running a loan takes a lot of time and effort.

In order to control the risk, the bank usually takes a long time to review and requires the applicant to submit a lot of information. If you want to apply without hassle, a bank loan is a good option.

Second, credit card installments.

As we all know, credit card installment payment is not interest-charged, which is also the biggest advantage of credit card installment payment to buy a car. At the same time, credit card installment is convenient and fast, and it can be completed with one **. Sometimes when you encounter the cooperation between banks and car dealers, you can enjoy certain discounts.

However, it should be noted that although there is no interest fee for credit card installment, there is a handling fee. The longer the installment period, the higher the handling fee rate. Generally, the handling fee rate for installments of more than one year will be equal to or slightly higher than the bank's consumer loan interest rate for the same period.

Three. Automobile lead shouting car finance company.

In addition to being convenient and fast, the application threshold for buying a car through an auto finance company loan is not high. As long as the consumer has a certain ability to repay the loan and has paid the down payment on the loan, he can apply for a loan. However, consumers should also be aware that the cost of borrowing a car from an auto finance company is usually relatively high.

Generally, in addition to the loan interest fee, you also have a series of fees such as handling fees.

Four. Microfinance companies.

Buying a car through a loan from a microfinance company has a low threshold, unlimited models, and higher interest rates than banks. The loan method and repayment method are flexible, and the approval is a little faster than that of the bank.

Millions of car purchase subsidies.

Personal auto consumer loan refers to the loan issued by the bank to individual borrowers for the purchase of self-use cars (excluding commercial vehicles and second-hand cars). In addition, at present, only a few branches have this business, and not all Minsheng bank cards in China can handle this business.

1. The product object must be a natural person who is at least 18 years old and has full capacity for civil conduct.

Two. The loan amount, term, interest rate, and repayment method.

1.Loan amount: Loan amount for domestically produced models 70% of the net vehicle price of the vehicle purchased by the loan; Loan amount for imported models 60% of the net price of the car for the purchase of the vehicle

2.Term: In principle, the maximum is not more than 3 years (except for personal real estate mortgage or low-risk guarantee approved by the bank), and the sum of the loan term and the borrower's age shall not exceed 60 years.

3.Loan interest rate: Implement the loan interest rate of the same grade announced by the People's Bank of China, and the minimum floating interest rate shall not exceed 10%.

Three. Business process: The borrower submits an application, fills in the "Personal Loan Application Form", investigates and approves the bank, signs the loan contract and guarantee contract, disburses the loan, and handles the vehicle registration and mortgage registration procedures.

4.Applicants should provide the following materials:

1) Valid ID of the borrower;

2) Proof of property and income of the borrower and his/her spouse;

3) Proof of loan use: a legal and valid car purchase contract, agreement or letter of intent must be provided;

4) Proof of down payment;

5) Personal credit reports (if any) inquired through the credit reporting system of the People's Bank of China;

6) Other documents and materials required by the bank.

Millions of car purchase subsidies.

It is understood that the minimum down payment for general consumers to buy a car is 30%, and the loan amount is between 2-600,000. Minsheng Bank provides a payment service for car purchases. The following will introduce the methods of Minsheng Bank's car purchase loans.

Minsheng Bank's "car purchase" car loan "car loan" handling process:

1.The credit card holder confirms the personal car installment limit;

2.Apply for a car at the designated dealership with the original credit card and valid ID card in stages;

3.Select the purchased vehicle, fill in the product order, and conduct real-time background review in the credit card center of Minsheng Bank;

4.Pay the down payment for the purchase of the car, and brush the installment amount at the designated POS machine;

5.Mortgage of the vehicle;

6.Go pick up your car.

The process of buying a car with a loan from Minsheng Bank is relatively simple, with six steps:

1. Customer application.

Apply for a loan to a bank or auto finance company, fill in the loan application form and submit relevant materials at the same time;

2. Auto loan review.

or the auto finance company investigates the application materials submitted by the borrower and approves the loan;

Third, sign a car loan contract.

Sign the car loan contract and guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate;

Four. Car loan disbursement.

or the bank or auto finance company shall directly transfer the account to the auto dealer by transfer according to the contract;

Fifth, the customer picks up the car.

After completing the car loan procedures, the customer picks up the car and returns the principal and interest of the car loan on time;

Intransitive verb loan settlement.

Loan settlement includes normal settlement and early settlement.

Millions of car purchase subsidies.