Introduction   Features   Product Structure

【Introduction】

Personal Comprehensive Consumption Credit Facility is a credit service offered by the Industrial Bank to borrowers that meet certain conditions. Specifically, borrowers are granted a credit facility by the bank, and are able to request loans for the specific purpose of consumption at the bank or via self-service platforms. Within the limits and the period of validity of the facility, borrowers are entitled to multiple loans.

【Features】

Long-term Credit Facilities

The maximum term of personal business credit facilities is 30 years at most.

Circular Credit Limits, Repeated Use

Within the term of the facility, the credit limit can be restored once loans have been repaid.

Diversified Modes of Guarantee

A diverse range of guarantee modes include: Pledge, mortgage, combination of mortgage and guarantee, guarantee, mutual guarantee and joint guarantee.

Diversified Purposes

Loans can be used for property purchase, vehicle purchase, studying abroad, property decoration, substantial consumption of durable consumables or other consumption required for individuals or families.

【Product Structure】

Personal comprehensive consumption credit facilities comprise of non-self-service credit and self-service credit.

Self-service credit refers to the maximum loan limit verified by the bank for which borrowers, within a certain period of time (one year at most), can use for self service loans via online banking and mobile banking. Please see “Personal Self-Service Loan” section for a user's guide.

The remaining part of the total limit constitutes the non-self-service limit. Loan withdrawals under the non-self-service credit limit should be applied for according to the procedures used to apply for single personal comprehensive consumption loans. See the User's Guide in the “Personal Comprehensive Consumption Loan”.

(The information above is for reference only. Please refer to the specific regulations of your local IB branch for details. Please consult your local IB organization before making an application.)