Shanghai second-hand car mortgage loan process

The second-hand car loan procedure

The second-hand car loan process can be divided into the following steps:

1 purchase a car to the bank outlets for consultation, outlets for user recommendation has been signed with the banks "second-hand car consumption loans cooperation agreement" and our distributors.

2 to dealers selected to buy second-hand car, purchase a car dealer signed agreement with models, clear, quantity, color etc..

3 to the bank applying for the loan, the bank loan application required information: personal loan application, valid identity certificate and proof of income, occupation and family status, purchase a car agreement, guarantee the required supporting documents provided by the lender, the conditions. [Shanghai Lian Bang investment management]

4 bank auditing user credit, bank borrowers in the loan purchase a car the admissibility of the application within fifteen working days after signing, "second-hand automobile consumption loan contract and comply with the conditions of the loan borrowers". The second-hand car consumption loans does not exceed the maximum amount of purchase a car section of the 60%~80% (the bank loans are different), the longest period of the loan shall not exceed three ~ five years (the bank loans vary, taking Beijing city as an example, the second-hand car loans must Shoufu 50%, the longest period of the loan is three years).

5 signed loan and guarantee contract, if the applicant is in line with the loan conditions, the bank signed loan contract and the contract of guarantee. Guarantee mode and the corresponding procedures:

(1) provide third party joint liability guarantee way (except the bank, the insurance company), the guarantor and the bank signed a guarantee contract, also can be provided by insurance companies, joint liability guarantee provided by a bank guarantee or.

(2) the user to mortgage or pledge form should be signed guarantee, mortgage or pledge contract with the bank. To housing as collateral, must be approved by the designated assessment agencies assessment confirmed, by bank mortgage to the District Housing real estate registration office to apply for mortgage registration, made of the effective date of the contract. To pledge collateral, pledge contract in right handed over to the entry into force of the contract after the bank voucher. [lianbang66@163.com]

(3) the above formalities complete, the bank shall promptly give notice to the special dealer loan.

(4) to purchase second-hand car as collateral, the bank shall promptly give notice to the special dealer loans, and in the purchase of second-hand car registration by the bank after the unification to the management of vehicles for mortgage registration.

6 bank loans, insurance, car users. Distributors in 15 days as of the receipt of the notice of the customers purchase a car loan, invoice, payment receipts and driving license (copy) to the bank. Bank for the property insurance procedures on customer loans after. Categories include: loss of vehicle insurance, third party liability insurance, and the risk of spontaneous combustion, pilfer. All kinds of insurance period shall not be in the short term loans.