Product definition: the individual commercial loan is a kind of RMB loan issued by Jiutai Rural Commercial Bank to support the development of individual and private economy, to help the clients solve the capital turnover problems in production and operation.

Serving object: the natural persons with full capacity of civil conduct (including mainly individual business, investor of individual business establishment, partner of partnership business, contractor or lessee of unincorporated private enterprise).

Advantages of product:

Simple application and fast approval - simplified application procedures. If the materials is complete, the application shall be approved in 5 working days, help you seize business opportunities.

Various guarantee styles to make loan more easy - flexible and diverse guarantee styles such as domestic currency or certificated bonds pledge, residence or commercial building mortgage, business entity guaranty, guaranty of professional security company.

Flexible repayment, convenient and fast, saving interest - several loan repayment ways such as monthly interest settlement and lump-sum repayment of principal at maturity; monthly repayment of loan principal with interest.

Application requirements:

1. Holding valid and effective ID card with the permanent residence of local town or effective residence permit;

2. Holding the business license issued by the industrial and commercial department and business permit of relative trade;

3. With fixed housing and steady operational site, with definite production and business plan and clear and lawful loan purpose;

4. With good credit record, steady income and the ability to repay the principal and interest, willing to receive the credit and settlement supervisions of Jiutai Rural Commercial Bank;

5. Having opened an individual settlement account with Jiutai Rural Commercial Bank;

6. Having the credit qualification accepted by Jiutai Rural Commercial Bank and being able to provide lawful, full value and effective guarantee;

7. Other conditions required by Jiutai Rural Commercial Bank.