Jeonbuk Bank JB Smart Auto Loan Cost Application Conditions Reference Target Interest Rate Period and Repayment Method Limit Contract Cancellation
Today, we will look at the Jeonbuk Bank JB Smart Auto Loan product, which is a product supported by car sales companies and for the purpose of purchasing a new car.
First of all, the loan target is a person who has signed a contract with the sales company for the purpose of purchasing a car as of the loan application date. 전북은행 스마트뱅킹
Also, it is said that it is a person who meets the conditions below, so let’s find out one by one. 이베이스매뉴얼
First, you are a domestic resident aged 19 or older who has a driver’s license and has a normal credit status.
It is also said that you must be an individual or sole proprietor who can prove your job or income.
Second, it is a person with a combined credit rating of JBCR7 or higher.
Next, you need to purchase a vehicle that is manufactured or sold in Korea.
You must purchase a vehicle that is recognized by the Bank as subject to handling, and this is said to be a person registered as a passenger car, van, small bus (Solati), or truck (5 tons or less, including vans).
However, after shipment, special mounting according to the wooden floor of the vehicle is allowed.
Transaction restrictions include those who have overdue information such as overdue information or subrogation payment information under the Credit Information Management Regulations.
Second, a person whose personal rehabilitation procedure has been initiated, a person whose credit recovery support has been confirmed, a person applying for bankruptcy, or a person declared bankrupt.
The loan limit is the amount minus the advance payment from the selling price of the car, and it is said to be within 200 million won per person.
Within KRW 100 million per case, at least KRW 3 million or more, in increments of KRW 100,000.
In the case of the loan interest rate, the minimum is 3.5% to 8.9% per annum, which is based on a 5-year loan period.
The basic interest rate is 1.2% per annum of the market standard interest rate (AA+ for financial bonds).
The additional interest rate is 2.3% ~ 7.7% per year, and the interest rate is fixed until the contract period.
In the case of the loan period, it is 12 months or more and less than 120 months, and there is no grace period.
As a way to cancel the contract, the contract is terminated after completion through a branch office, internet banking, or smart banking.
Documents for preparing a loan include identification documents, such as a resident registration card, driver’s license, or passport.
Documents proving employment or income include a certificate of employment and a receipt for withholding of earned income.
Other required documents include driver’s license, seal certificate, resident registration copy, resident registration abstract, and family relation certificate.
As for the documents related to the purchase of a car, you can select one of the contract of sale, purchase order, quotation, and condition confirmation.
Let’s take a look at the disadvantages that customers may experience.
If the principal or interest of the loan is overdue for more than 3 months, it is said that the 3-month date is the date of occurrence of the reason for registration.
After that, it will be registered as an information customer such as overdue within 7 business days, and disadvantages such as financial transaction restrictions may occur.