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Four provincial bank loan interest rate policy: the period should be reasonable plans to use paragraph length
Strategy 1: shop around carefully choose bank
At present, banks highly competitive, each in order to win more market share, will be in accordance with state regulations loan rate loan rate range adjustment. Therefore, demand for funds in the loan, in order to "shop around" to choose a low interest rate bank loans.
For example, the same loans to 100,000 yuan, loan period of one year, an implementation of the benchmark interest rate, an implementation of the floating interest rate of 20%, if you choose the latter, 1,000 yuan a year would pay an extra interest.
Strategy 2: select the right plan a reasonable period of
Funding requirements for those who need to use models of the time there are long, short. Therefore, in order to avoid bogus sales interest, bank loans, it should be a reasonable plan period with a section length. Similarly, loans, credit grade choose the longer term interest rates will be higher. Select grade that the longer the term of the loan, even if the loan will be interest on the same day different.
For example, the current short-term interest rates six months and one year is divided into two grades, and provides for the implementation term of the loan within six months, six months on the grade of interest rates, more than half a year to be performed less than one year rate of grade. If the funding needs of those loans will be 7 months, although more than half a year only 1 month of time, but in accordance with the provisions of the current interest-bearing loans, can only run one-year lending rate, which virtually increases the demand for those funds interest on the loan burden.
Strategy 3: understand the preferred way of spread
At present, the banking sector in the way business loans, mainly credit, guarantee, pledge, mortgage, and several forms. Correspondingly, the bank lending interest rates in the implementation of the floating interest rate will be different. As long as the same application period, then the same amount of the loan, if you choose the wrong loan could take on more loans will be interest, so that my money or more in vain.
Therefore, demand for funds in the bank loan to pay attention and understand the different loans under the interest rate spread is very important. For example, now banks with the lowest interest rate loans are loans for bill discounting and pledging that if their conditions allow, that the form of loans through these two certainly appropriate.
Strategy 4: Loan Agreement entered into caution
Now, a lot of demand for funds in the bank loan agreement when it is very random. In fact, this unrestrained behavior shows a lack of good financial management in their consciousness, often it will pay an extra interest in the loans, causing an artificial "high interest rates." Because some banks will make loan capital requirements of interest in the virtually bogus sales. For example, the retention of withholding loans and deposits interest loans.
The so-called retention deposits that demand for funds by lending to banks to obtain loans, to bank from the loan principal in the retention part of the deposit to the bank account to restrict the demand for funds in the loans to repay principal and interest when due on schedule. However, capital requirements are concerned, the loan principal to be discounted to pay the interest on the mean.
The so-called withholding interest loans that some banks to ensure that the loan interest on time to return, in the loan from the lender when the loan principal in the pre-deducted interest on all loans. As the demand for funds in this way those who make less money available for loans, has increased the demand for funds objectively's financing costs.