Bank individualCredit Loans
Chinese citizens who have a permanent residence in China, have a permanent residence in a local town (or a valid certificate), have full civil capacity, and meet the following conditions can apply for a personal credit loan.
1. Have a legitimate occupation and a stable source of income (monthly wage income must be above 1,000 yuan), with the ability to repay the principal and interest of the loan on schedule;
2. The borrower's unit must be an administrative, enterprise, or institution that is recognized by the bank and has a good cooperative relationship with the bank and must be paid by the bank;
3. Obey the law, no illegal behavior and bad records;
4. In ChinaICBC
Open a personal settlement account and agree to debit the loan principal and interest from the designated personal settlement account;
5. Other conditions imposed by the bank.