1.1 Definition

Trade reach loan is issued to the natural person of having full capability for civil conduct, to provide joint suretyship guarantee by the national public servant and persons of enterprise, public institution in accordance with the guarantee conditions.

 

1.2 Object

Object of trade reach loan is full of 18 years old, and natural person of having full capability for civil conduct.

 

1.3 Intended use

Trade reach loan is mainly used for the fund demand of normal consuming of borrower, not allowed to issue the loan of having no appointed intended use.

 

1.4 Conditions

1.4.1 The borrower of applying trade reach loan should have the following basic conditions at the same time:

1. The local registered permanent residence or long period residence certificate;

2. Self is voluntary, the unit agrees, the concerned function departments coordinate, having steady salary income source, to be sure of repaying loan capital and interest;

3. Good health, the repaying needed period of borrower’s age + loan period + deducting and collecting salary by month is not exceeded legal retiring age;

4. Must provide over one warrantors approved by our bank for guarantee (if the borrower does not possess the guarantor conditions, needs to provide over 2 warrantors);

5. Borrower and guarantor’s credit is better, having no bad record;

6. The borrower in the Jiutai area under administration must be on-post staff of administrative organization and public institution, and wages paying in Jiutai Rural Commercial Bank;

7. The other conditions demanded by the loaner.

1.4.2 The warrantor of applying trade smoothness should possess the following basic conditions at the same time:

1. In accordance with the basic condition demand of borrower;

2. The guarantor must be on-post staff of administration organization and public institution within the area of the loaner, including:

(1) National public servant;

(2) Peron of public institution of financing appropriation or balance allocation;

Education: Teachers and staff members and administrative staffs of full-time junior collages and technical secondary schools, middle schools, primary schools within the area under administration of the loaner;

Health: Medical staffs and administrative staffs of medical organizations above county level within the area under administration of the loaner; Medical staffs and administrative staffs of medical organizations in Jiutai ;

Broadcast: The staffs of television and other media industry departments;

Personnel of scientific research, planning, design and other engineering technology and administrative staffs;

(3) Special personnel of enterprises:

Personnel of the nation-owned holding large-scale enterprises of electricity, postal service, electric utility;

Senior administrative staffs of enterprises of Mobile and Union;

Staffs of nation-owned commercial bank, policy bank, commercial bank of stockholding system;

Administrative staffs above the middle level of trust and investment corporation, stock brokerage firm;

Administrative staffs above middle level of water affairs, gas, petroleum and other enterprises;

3. The loaner considers as in accordance with loan and warranty guarantee conditions of working personnel of other enterprises and public institutions.

 

1.5 Limit

1. To transact trade reach loan limit within Jiutai will be according to the following standard to check and ratify: The highest limit of month salary of above 1000 Yuan (including) of borrower and guarantor is 40000 Yuan, below 600-1000 Yuan (including) month salary, the highest limit is 20000 Yuan, month salary below 600 Yuan, according to 70% of the sum of 2 years salary to check and ratify.

2.The determination of trade reach loan limit has 2 kinds of methods of calculation according to month salary income and administrative position: calculation of month salary is according to the ratio of 18-30 times of average salary og every month of borrower and guarantor, based on the concrete situation to determine (according to true paying amount after tax of payroll, not including bonus); Determination according to administrative position is: ordinary employees according to 4-60000 Yuan to determine, credit extension limit of department level position (on-duty true position) is 100000-150000 Yuan, credit extension limit of section level position (on-duty true position) is 150000-200000 Yuan, credit extension limit above bureau level (on-duty true position) is 300000-500000 Yuan.

 

1.6 Period

The longest loan period of trade reach loan is 1 year in principle. If the borrower or guarantor is nearly retired age, loan period could not exceed the retired period of the borrower or guarantor.

 

1.7 Interest rate

Interest rate of trade reach is carried out according to the floating interest rate regulated by the nation, the loan is carried out the system of interest settlement and collect interest by season. The loan capital could be repaid in times or in one time when expiring, if the loan exceeds the time limit, it will be added interest.

 

1.8 Guarantee

“Trade Reach” loan is issued to take the mode of individual warranty guarantee and plus guarantee company in principle, borrower and guarantor should sign Loan Contract, and Guarantor Contract with the handling bank; The excellent customer could take the mode of individual guarantor to issue.

 

2 Operation procedures

2.1 Borrower application

The borrower should fill application and approving form of “Trade Reach” loan in the handling bank, and provide the following papers at the same time:

1. Legal and effective identity card of borrower and guarantor (including resident identity card, employee’s card, residence booklet);

2. The unit credit certificate of borrower and guarantor;

3. The other documents or papers demanded by the handling bank.

 

2.2 Loan accepting and investigation

After the customer manager accept the loan application, at least two of the customer managers to have investigation and determination jointly to all the documents, authenticity of the papers, legality, integrity , handed over by borrower, and carry out face talking system of the loan. To the credit status of the borrower, guarantee workable status and so on to have investigation and evaluation, to have analysis, arrangement, form an investigation report.

Investigation content is mainly including but not limit to:

1. Verify whether real and legal of all papers handed over by the borrower and guarantor;

2. Whether steady of repaying source of the borrower and guarantor, whether have the capability of sustaining repaying the loan capital and interest, whether in accordance with the demand of the amount of loan application;

3. Verify whether the borrower and guarantor has bad conduct record;

4. Verify the situations of borrower and guarantor.

(1) To take month salary amount to determine loan limit, through the investigation of labor and capital department of the unit of verified person, make use of payroll, bank statement and other modes, callout at least 6 months’ wage amount of single month, calculate average month wage amount (wage amount should be real payment), to stamp labor department seal or official seal on the duplicate of payroll of the verified person’s unit, guarantor signs, as the base of determination of loan limit. Duty officer of loan investigation will be based on the investigation report to form investigation report (the calculation procedure of average month wage should be written in the investigation report), sign the investigation opinion down to the ground. Determine the credit extension limit of borrower and guarantor.

(2.) According to the administration position to determine the loan limit, need s to ensure the authenticity of the position, and is the on-duty real position, according to the demand to fill individual information form and credit investigation certificate, and signed and determined by the related persons.

 

2.3 Examine

Reference to the regulations of examination in the article two of chapter two of the handbook of Basic Procedure of Loan Business to carry out.

 

2.4 Examine and approve

Reference to the regulations of examination and approving in the article two of chapter two of the handbook of Basic Procedure of Loan Business to carry out.

 

2.5 Loan issuing, payment

1. After the handling bank agrees to issue the loan to the loanee, should inform the loanee and guarantor. The loanee and guarantor should handle procedure within 15 working days after getting the notice, signs separately the Loan Contract, Warranty Contract as well as related law documents. After loan procedure performed, credit staff should inform the loanee to handle loan procedure to the loan bank.

2. Payment mode is including on borrower’s own payment or authorized payment of the loaner.

 

2.6 Management after loan

1. The handling bank should appoint a special person, within the certain time after loan issued, to have check to the practicable situations of all kinds of examination and approving conditions. For the problem discovered in the check, should inform the handling department to have rectifying and reforming immediately, and to have checking and accepting to the result of rectifying and reforming.

2. Based on the difference of the loan amount, and difference kinds of 5 grades, carry out different check after loan in different interval period; For the situation of having clearly breaking the contract or the weakening of repaying capability of the borrower, should have check after loan after getting the concerned information as soon as possible.

3. The modes of loan check are including telephone interview, meeting interview, physical inspection, inquire the concerned information system or getting the information of the customers from the third side and so on.

4. The content of check after loan are including basic situation of the borrower, credit status, status of guarantee capability of the guarantor and so on.

For the discovering the important risk matter during check after loan, should immediately report to the main managing department and take the necessary risk preventing measures.

 

2.7 Poor loan management

Reference to the regulations of the handbook of article 3 of chapter 2 of Operation Management of Poor Credit Assets to handle.