☆ Introduction
A RMB credit loan released to borrower with good credibility. Borrower does not need to provide guarantee.

☆ Features
As long as you have good credibility, you can get a loan under a certain line of credit without your need to provide guarantee, even more preferential services for customers who are eligible to be given access.

☆ Application Conditions
1. China citizen with full civil capacity, who stay permanently in China, and has registered permanent residence in city or town.
2. Good employment with stable income, ability to repay principal and interest of loan when due.
3. Obey rules and laws, no illegal act and bad credit record.
4. Personal credibility of Class A (inclusive) or above from ICBC.
5. Personal settlement account opened in ICBC.
6. Other conditions stipulated by ICBC.

Apart from the above, borrowers who meet one of the following given admittance conditions are eligible to become given admittance customers of credit loan:
(1) High and mid-level management persons and senior professional technical persons among ICBC quality statutory customers.
(2) Own asset over RMB 2 million (inclusive).
(3) Customer of Peony Platinum Card.
(4) Hold ICBC Personal Elite Club Account for over a year (inclusive) and annual deposit balance is over RMB 200,000 (inclusive) in average.
(5) Customer of ICBC personal loan, Credit Line over RMB 500,000 (inclusive) and no default in repayment for more than 2 consecutive years (including customer with loan already settled).

☆ Credit Line
Start at RMB 10,000, maximum RMB 500,000 (inclusive).

☆ Loan Term
One year (inclusive) in general, maximum 3 years, no rollover. If non-repayment is caused by force majeure or incident, loan with term within a year (inclusive) can be renewed once. Renewal term cannot be longer than original term and cumulative term (included renewal term) cannot over a year.

☆ Loan Rate
Follows PBC rules of benchmark rate of same class and same term.
Interest on personal credit loan shall be debited on each account based on actual-over-365.

☆ Repayment
Loan with term less than a year (inclusive) has interest repaid monthly, principal repaid monthly, quarterly, semiannual or one time. Loan with term over a year has principal and interest repaid every month.

☆ Documents Needed
Submit application, fill in written application form and submit the following:
1. Valid ID document.
1. Poof of residential address (Resident Registration Booklet or others.
2. Proof of employment.
3. Income proof from applicant and family members.
4. Other details stipulated by ICBC.

One of the following has to be approved depending on borrowers' different given admission conditions:
(1) Written evidence of the job position and professional standard of applicant issued by Personnel Department of applicant's employer.
(2) Banking asset, such as certificates of bank deposit, bond and fund, title certificate of the housing property under own (or spouse) name.
(3) Customer details of Peony Platinum Card.
(4) Proof of being a customer of ICBC Elite Club Account.
(5) Copy of ICBC Personal Loan Contract.

☆ Operation Guide
ICBC releases the loan through transfer to the personal settlement account specified by borrower, same procedures as in Auto Loan for others.

(The above is only for reference. Details refer to local ICBC branches. To save your time, please consult local ICBC before application).