Minyi Loan

Product Introduction

Our bank offers personal comprehensive consumption loans, issued in RMB, to qualified individuals for legal and reasonable consumption, with a loan amount of up to 1 million RMB (inclusive) based on credit. 

Product Features

1.Long Loan Term: The loan term generally does not exceed 3 years; for internet Minyi loans with a single payment upon maturity, the maximum term (including credit limit drawdown) is up to 1 year. 

2.High Loan Amount: The maximum loan amount does not exceed 1 million RMB, with a limit of up to 200,000 RMB for internet Minyi loans per individual. 

3.Flexible Repayment Methods: Options include paying interest periodically with principal due at maturity, equal monthly installments, equal principal payments, and interest-first repayments. 

4.Loan Interest Rate: Differentiated pricing is implemented by each branch, subject to the final approval result of the Bank.

5.Guarantee Method: The credit-based loan does not require a guarantee.

Basic Requirements for Borrower

1.Must be at least 22 years old and not exceed 65 years old at the end of the credit period. 

2.Must have a stable source of income and demonstrate willingness and ability to repay. 

3.Good credit status for the borrower, with no overdue loans or credit card payments.

Application Materials

1.The borrower's identification certificate;

2.Income proof;

3.Other required materials.

Application Channels

1.You can apply at any outlet of China Minsheng Bank or contact the customer manager for door-to-door service.

2.You can apply online through the Bank's mobile banking: log into mobile banking - select [Loan] - [Minsheng Minyi Loan];

3.You can apply online by scanning the customer manager's QR code.

4.Log in to the Minsheng Bank WeChat banking service and select [Finance] - [Loan Application] - [Minyi Loan]. 

5.Use the WeChat Mini Program by searching for "Minsheng Bank Personal Loan" and clicking to enter the [Minsheng Minyi Loan] homepage. 

Tips

1.This page is for reference only; the specific business process standards are subject to the provisions at the local outlets;

2.For any services, please call the 24-hour customer service hotline at 95568 of China Minsheng Bank.