RMB Financial Product Pledged Loan

RMB Financial Product Pledged Loan is a short-term load granted by our bank to borrowers who pledged the proceeds of their lawful owned RMB financial products.

1、Who is it for?

(1) a Chinese citizen aged 18 and shall have full capacity for civil conduct.

(2) have the ability to repay the loan and no bad credit records

(3) have bought a personal RMB finance product, which is allowed to be pledged, in our bank

(4)The borrower also is the pledger.

(5) Meet other requirements stipulated by our bank

2. Credit Line, Time Limit and Interest Rates

2.1．Credit Line

The amount of a load equal to RMB financial principal multiplied by the mortgage rate and the lowest amount is 10 thousand.
The mortgage rate varies with different products stipulated by our bank, but the highest rate shall not exceed 90%

2.2. Time Limit

The longest length of maturity should not exceed one year.

2.3．Lending rate

The interest rate shall be the rate for loans of the same period and grade stipulated by the People's Bank of China, and the interest rate may fluctuate within the ranges.

2.4. Load Repayment

Mode of paying Interest quarterly and the Principal at maturity

3、 What needs to be done?

3.1. Submit an application

3.2. Bank verifies the application and approves;

3.3. Sign”Loan Contract” and “”RMB Financial Products pledge Contract” with the banks

3.4. Origination procedure

3.5. Freeze clients fund automatically and realize the law procedure of proceeds pledging

4、Materials required in a credit loan application:

4.1. a valid ID card

4.2. An agreement of RMB financial product purchasing

4.3. other relevant materials stipulated by our bank

Personal Foreign Exchange Financial Products Pledged Loan

Personal Foreign Exchange Financial Product Pledged Loan is a short-term load granted by our bank to borrowers who pledged the proceeds of their lawful owned foreign exchange financial products.

1、Who is it for?

(1)A Chinese citizen aged 18 and shall have full capacity for civil conduct.

(2)Have the ability to repay the loan and no bad credit records

(3) Have bought a personal foreign exchange financing product, which is allowed to be pledged, in our bank

(4) The borrower also is the pledger.

(5) Documents of certificating the lawful income of the foreign exchange

(6) Meet other requirements stipulated by our bank

2、Credit Line, Time Limit, Interest rates

2.1. Credit Line

The amount of a loan equal to foreign exchange financial principal multiplied by exchange rate and pledge rate, and the lowest load is 10thousand.

Exchange Rate: The rate shall be the central parity rate of the day before approval.

(2)Pledge Rate: The pledge rate varies with different products stipulated by our bank.

2.2. Time Limit

The longest period not exceeding one year

2.3. Interest rates

The interest rate shall be the rate for loans of the same period and grade stipulated by the People's Bank of China, and the interest rate may fluctuate within the ranges.

2.4. Load Repayment

Mode of paying Interest quarterly and the Principal at maturity

3、What needs to be done?

3.1. Submit an application;

3.2. Bank verifies the application and approves;

3.3. Sign a loan contract and a foreign exchange financial pledged contract;

3.4. Origination procedure;

3.5. Freezing clients fund automatically and realizing the law procedure of proceeds pledging.

4、Materials required in a credit business application:

4.1. a valid ID card

4.2. a business contract and a risk confirmation

4.3. Documents of certificating the lawful income of the foreign exchange

4.4.proxy of exchange settlement application to Administration of Foreign Exchange, with which we are entrusted by clients.(for the amount of the load exceed USD 50 thousand)

4.5. Other materials required by our bank.