a non-mortgage micro-credit product introduced by a commercial bank, e., is intended for groups such as self-employed entrepreneurs, micro-enterprises and freelancers. in comparison with traditional bank loans, e-loans have the advantage of having a simple application process, speed of approval and speed of lending. so, how do you apply for a bank loan

how do you apply for a bank loan

first, there is a need to meet the requirements for applying for a loan from a commercial bank. individual business owners are required to have a business licence and the trade in which they engage is in line with local policy; micro-enterprises are required to be registered and have relevant licences, such as an organizational code card and a business licence; and freelancers are required to have a valid identity card, an offshore identity card or a passport and are qualified to carry out their trade activities。

second, applications are made in accordance with the process of applying for a loan from a commercial bank. e loan support line applications, as follows:

access to the “personal financial products” page, e-loans and clicks

2. Fill in the application form by page tip

3. Upload the relevant certificate

4. Pending approval of the application by the bank。

After approval, the bank informs the customer by telephone or mail and transfers the loan amount to the client ' s account, which takes approximately 3-7 working days for the entire process。

It should be noted that the application must be accompanied by genuine and reliable information and that, if false information is provided, the bank has the right to refuse the loan application and may bring a bad record to the applicant。

On the other hand, if an online application cannot be completed, an application may be made at a commercial bank site. However, this would be more time-consuming。

finally, it should be noted that e-loans have a short duration, usually not exceeding two years, and have a limited amount of up to $200,000. if a larger amount of credit is needed, other credit products from the seeking bank need to be selected。