Personal automobile loan is a consumption credit for individual client to purchase automobile (second-hand cars not included). The maximum loan amount is 80% of the car price, with a length of maturity of 3 years at most.

Target clients:
Any individual between 23 and 60 years old with full capacity for civil conduct and sound credit record; the loan is used for purchase of automobile (second-hand cars not included).

Product features:
1. Flexible choice: customer could choose to apply for operational automobile loan at the same time of making consumer automobile loan;
2. Professional advice, information symmetry: the bank provides car pricing advice, cost-effective analysis and other services to customers, helping them to know the professional and comprehensive car purchasing information.
3. Satellite positioning, quality service: the purchased car using this loan could install the matching GPS, taking full advantage of high-tech to ensure remote control of vehicle.

Application conditions:
1. Applicant should have Beijing registered residence and present valid ID document, and residence booklet.
2. Make down payment not less than 20% of car price.
3. Sign purchase agreement or contract with specific car dealers appointed by the bank.
4. Agree to use the purchased vehicle as collateral and provide other guaranty approved by the bank to ensure the full repayment.