China People's Bank loan benchmark interest rate: (1) Short-term loans: within one year (including one year), and the adjusted interest rate is 4.35. (2) Medium and long-term loans: the adjusted interest rate is 4.75 for one to five years (including five years); The adjusted interest rate for more than five years is 4.90. (3) Personal housing provident fund loan: the adjusted interest rate is 2.75 for less than five years (including five years); The adjusted interest rate for more than five years is 3.25.

In order to deepen the interest rate marketization reform, improve the interest rate transmission efficiency and reduce the financing cost of the real economy, the People's Bank of China decided to reform and improve the formation mechanism of the quoted interest rate (LP) in the loan market. The relevant matters are hereby announced as follows:

1. Since August 20, 2065438+2009, the People's Bank of China has authorized the National Interbank Funding Center to announce the quoted interest rate of the loan market at 9: 30 on the 20th of each month (postponed in case of holidays), which can be inquired by the public on the websites of the National Interbank Funding Center and the People's Bank of China.

II. Loan Market Quotation Rate Quotation Banks should quote to the National Interbank Funding Center at the open market operating rate (mainly referring to the medium-term lending convenience rate) before 9: 00 on the 20th of each month (postponed in case of holidays). After removing the highest and lowest quotations, the National Interbank Funding Center calculates the quotation rate of the loan market through arithmetic average.

Third, in order to improve the representativeness of the loan market quotation rate, the types of quotation banks in the loan market quotation rate have increased from the original national banks to city commercial banks, rural commercial banks, foreign banks and private banks, and this time they have been expanded from 10 to 18, and will be evaluated and adjusted regularly in the future.

4. Expand the quoted interest rate of the loan market from the original one-phase variety 1 year to two-phase variety 1 year and more than five years. Loans with a term of 1 and a term of more than five years are priced with reference to the loan market quoted interest rate of the corresponding term, and the loan interest rates with a term of 1 and a term of 1 to five years are independently selected by the Bank.

Five, from now on, banks should mainly refer to the loan market quotation rate pricing in new loans, and adopt the loan market quotation rate as the pricing benchmark in the floating rate loan contract. The existing loan interest rate is still implemented according to the original contract. Banks may not set the implicit lower limit of loan interest rate pricing in any form through cooperative behavior.

Six, the People's Bank of China will guide the market interest rate pricing self-discipline mechanism to strengthen the supervision and management of the loan market quotation rate, evaluate the quotation quality of quotation banks, urge banks to use the loan market quotation rate pricing, and seriously deal with illegal acts that disrupt the market order such as setting the implicit lower limit of loan interest rate by banks. The People's Bank of China incorporated the application of the quoted interest rate in the loan market and the competitive behavior of the loan interest rate into the macro-prudential assessment (MPA).

Legal basis:

According to Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases, if the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people shall support it, except that the interest rate agreed by both parties exceeds four times the one-year loan market listing rate when the contract is established.

Please click to enter the picture description (maximum 18 words).

Benchmark interest rate history

1. There are many benchmark interest rates in these years.

On June 8, 20 12, the people's bank of China decided to lower the benchmark interest rate of RMB deposits and loans of financial institutions from June 8, 20 12.

The benchmark interest rate for one-year deposits and loans of financial institutions is lowered by 0. 25 percentage points, housing provident fund deposit and loan interest rates have also been lowered simultaneously.

On July 6th, 20 1 1, the People's Bank of China decided to raise the benchmark interest rate of RMB deposits and loans of financial institutions from July 7th, 201/. The benchmark interest rate for one-year deposits and loans of financial institutions is raised by 0.

25 percentage points, housing provident fund deposit and loan interest rates have also been raised simultaneously. On April 5th, 20 1 1, the People's Bank of China decided to raise the benchmark interest rate of RMB deposits and loans of financial institutions from April 6th, 201/.

The benchmark interest rate for one-year deposits and loans of financial institutions is raised by 0. 25 percentage points 20 1 1 On February 8, the People's Bank of China decided to raise the benchmark interest rate of RMB deposits and loans of financial institutions from February 9, 201/year.

The benchmark interest rate for one-year deposits and loans of financial institutions is raised by 0. 25 percentage points, and the benchmark interest rates for other grades of deposits and loans will be adjusted accordingly.

2010 65438+On February 25th, the People's Bank of China decided to raise the benchmark interest rate of RMB deposits and loans of financial institutions from February 26th. The benchmark interest rate for one-year deposits and loans of financial institutions is raised by 0.

25 percentage points, and the benchmark interest rates for other grades of deposits and loans will be adjusted accordingly. 201019 The benchmark interest rate of RMB deposits and loans of financial institutions was raised from 20 10 10 20.

The benchmark interest rate for one-year deposits of financial institutions is raised by 0. 25 percentage points, from the current 2.

25% to 2. 50%; The benchmark interest rate for one-year loans is raised by 0.

25 percentage points, from the current 5. 3 1% increased to 5.

56%; The benchmark interest rates for other grades of deposits and loans will be adjusted accordingly. 165438+2008 1 27 October Since 2008127 October, the benchmark interest rates for one-year RMB deposits and loans of financial institutions have been lowered by1respectively.

08 percentage points, the benchmark interest rates for deposits and loans in other terms will be adjusted accordingly. At the same time, the central bank's refinancing and rediscount rates will be lowered.

From June 30, 2008, the benchmark interest rate for one-year deposits was changed from the current 3. 87% dropped to 3.

60%, down 0. 27 percentage points; The benchmark interest rate for a one-year loan is 6.

93% dropped to 6. 66%, down 0.

27 percentage points; The benchmark interest rates for other grades of deposits and loans will be adjusted accordingly. The interest rate of individual housing provident fund loans remains unchanged.

On June 8, 2008,65438+20081October 9, the benchmark interest rate for one-year RMB deposits and loans was lowered by 0. 27 percentage points; From June 5438+1October 65438+May 2008, the RMB deposit reserve ratio of deposit-taking financial institutions was lowered by 0.

5 percentage points. September 15, 2008 Since September 16, 2008, the benchmark interest rate for one-year RMB loans has been lowered by 0.

27 percentage points; From September 25th, 2008, the RMB deposit reserve ratio of deposit-taking financial institutions will be lowered by 1 percentage point. On February 20, 2007, the benchmark interest rate of 65438 one-year deposits was raised by 0.

27 percentage points; The benchmark interest rate for one-year loans is raised by 0. 18 percentage point.

On September 15, 2007, the benchmark interest rate of RMB deposits and loans of financial institutions was raised by 0. 27 percentage points.

On August 22, 2007, the benchmark interest rate of RMB deposits and loans of financial institutions was raised by 0. 27 percentage points.

On July 20, 2007, the benchmark interest rate of RMB deposits and loans of financial institutions was raised by 0. 27 percentage points.

On May 9, 2007, the benchmark interest rate for one-year deposits was raised by 0. 27 percentage points; The benchmark interest rate for one-year loans is raised by 0.

18 percentage point. On March 8, 2007, the benchmark interest rate of RMB deposits and loans of financial institutions was raised by 0.

27 percentage points. On August 9, 2006, the benchmark interest rate for one-year deposits and loans was raised by 0.

27%。 On April 28th, 2006, the loan interest rate of financial institutions was raised by 0.

27%, up to 5. 85%。

On March 17, 2005, the interest rate of housing loan was raised. On June 29th, 2004 10, the one-year deposit and loan interest rate was raised by 0.

27%。 1July 993 1 1 one-year fixed deposit rate 9.

18% increased to 10. 98%。

1May, 993 15, and the annual interest rate of time deposits of all grades rose by an average of 2. 18%, the average interest rate of various loans rose by 0.

82%。

2 China People's Bank loan benchmark interest rate table over the years.

At present, the benchmark interest rate of personal commercial loans of China Bank is consistent with that of China People's Bank. You can query through the financial data of our portal-RMB loan interest rate table and historical data of RMB loan interest rate in deposit and loan interest rate. For details, please contact the official service hotline of China Bank at 95566. You can also contact the local people's bank directly.

Welcome to download China Bank Mobile Banking or pay attention to "China Bank Micro Banking" to handle business.

Bank of China Online Customer Service:

Online loan application: locale = zhv = 20180518020405613.

National student loan:? locale = zhv = 20 1805 180204056 13

Apply for a credit card online:

3. Benchmark loan interest rate annual interest rate

I. Loan interest rate:

Annual interest rate of the project (%)

I. Short-term loans

Within one year (including one year) 4.35

Second, medium and long-term loans

One to five years (including five years) 4.75

More than five years 4.90

III. Annual interest rate of provident fund loans%

Less than five years (including five years) 2.75

More than five years 3.25

According to the regulations of the People's Bank of China, the loan interest rates of various banks can float freely at present, so the loan interest rates of various loans of various banks will be different, and the interest required for loans will be more or less.

Two. Conditions for applying for bank loan business:

1, 18 to 65 years old natural person;

2. The borrower's actual age plus the loan application period shall not exceed 70 years old;

3. Have the ability to stabilize employment, income and repay the loan principal and interest on schedule;

4. Good credit information, no bad records, and legal use of the loan;

5. Meet other conditions stipulated by the bank.

If you meet the above conditions, you can apply for a loan business at a local bank.

4. List of benchmark interest rates of loans over the years

Loan interest rate (1) The loan interest rate is related to the loan purpose, loan nature, loan term, loan policy and different lending banks.

The state sets the benchmark interest rate, and banks determine the differential loan interest rate according to various factors, that is, floating up or down on the basis of the benchmark interest rate. The current benchmark interest rate was adjusted and implemented on July 7, 20 1 1 year. Types and annual interest rates are as follows: ① Six-month (inclusive) short-term loan 6.10%; ② 6.56% from half a year to one year (inclusive); ③ One to three years (inclusive) 6.65%; ④ Three to five years (inclusive) 6.90%; ⑤ More than five years and 7.05%.

(2) Take mortgage as an example: comprehensively evaluate the bank loan interest rate according to the credit status of the loan, and determine the loan interest rate level according to the credit status, collateral and national policy (whether it is the first suite or not). If all aspects are evaluated well, the mortgage interest rates implemented by different banks are different. 20 1 1 Due to the shortage of funds and other reasons, the interest rate of the first home loan of some banks is 1 of the benchmark interest rate. Since February 20 12, most banks have adjusted the interest rate of the first suite to the benchmark interest rate.

At the beginning of April, large state-owned banks began to implement preferential interest rates for the first home loan. The interest rate discount of some banks can be up to 15%.

After 15% discount for five years and above, the interest rate is 7.05%0.85=5.9925%.

5. Historical trend of interest rate in China.

From 1949, if we look at the most representative one-year deposit rate, the interest rate changes in China are divided into several stages:

1952- 1954, the economy exploded and the interest rate was extremely high, close to 15%, but it only lasted for three years.

1955- 1979 before the reform and opening up, interest rates generally fell, with 1955 being 7.92% and 1979 being 3.96%.

In the first stage of reform and opening up from 1980 to 1988, prices soared, the economy started, and interest rates gradually began to rise, reaching 8.6% at 1988.

1989- 1993, the interest rate soared to more than 10%, and the five-year deposit rate of 1989 exceeded 18%, but even so, inflation was still much higher than the deposit rate.

1994- 1996, gradually decreased, and the rate of decline accelerated rapidly from 1997, reaching the lowest level in history in 2002.

Since 2003, China's economy began to recover, and entered an upward channel in 2004. However, in the financial crisis in 2008, the interest rate was low again, but it quickly rose again and fell again until 20 14.

In 20 15, it was reduced to 10, which still remains at the lowest level since the founding of New China.

Extended data:

Benchmark interest rate is the basic interest rate that plays a central role in the whole interest rate system and can restrict other interest rates.

In China, the benchmark interest rate mainly refers to the refinancing rate (the rate used by the People's Bank of China to issue refinancing loans to financial institutions) and the rediscount rate (the rate used by financial institutions to discount bills to the People's Bank of China).

China's benchmark interest rate refers to the trial operation of Shanghai Interbank Offered Rate by the central bank in the money market. This is the benchmark interest rate formed by the quotation bank with high credit rating 18, which quotes daily funds of various maturities on the basis of the loan interest rate. It was officially released every day from June 65438+1 October1day, 2007.

The central bank will continue to improve the interest rate generation environment and cultivate it into "China's benchmark interest rate", thus creating conditions for China's financial regulation to change from quantitative regulation to price regulation.

The general idea of China's interest rate marketization reform is: first, liberalize the money market interest rate and bond market interest rate, and then gradually promote the marketization of deposit and loan interest rates. The order of marketization of deposit and loan interest rates is "foreign currency first, then local currency;" Loan first, then deposit; First long-term, large quantity, then short-term, small quantity. "

20 16 to 2022 benchmark loan interest rate

At present, the benchmark interest rate is 4.35% for one year, 4.75% for 2-5 years and 4.90% for more than 5 years.

The benchmark interest rate for loans from 20 16 to 2020 has not been adjusted, and the interest rate standard issued on 20 15 10 is as follows:

1. Bank loan benchmark interest rate: 4.35% within one year (including one year); 4.75% for one to five years (including five years); More than five years, 4.90%.

2. Benchmark interest rate of provident fund loans: 2.75% for less than five years (including five years); More than five years, 3.25%.

1. Short-term loan, 4.35% within one year (including one year).

Two. Medium and long-term loans, 4.75% for one to five years (including five years) and 4.90% for more than five years.

Three. The annual interest rate of individual housing provident fund loans is%, 2.75% for less than five years (including five years) and 3.25% for more than five years.

The People's Bank of China decided to lower the benchmark interest rates of RMB loans and deposits of financial institutions from 20 15124, to further reduce the social financing costs. Among them, the benchmark interest rate for one-year loans of financial institutions was lowered by 0.25 percentage points to 4.35%; The benchmark interest rate for one-year deposits was lowered by 0.25 percentage point to 1.5%.

The benchmark interest rates of other grades of loans and deposits and the lending rates of the People's Bank of China to financial institutions shall be adjusted accordingly; The interest rate of individual housing provident fund loans remains unchanged.

On February 8, 20 1 1, the People's Bank of China decided to raise the benchmark interest rate of RMB deposits and loans of financial institutions from February 9, 201/. The benchmark interest rates for one-year deposits and loans of financial institutions were raised by 0.25 percentage points respectively, and the benchmark interest rates for other grades of deposits and loans were adjusted accordingly.

On February 25th, 20 10, the People's Bank of China decided to adjust the benchmark interest rate of bank loans to the benchmark interest rate of RMB deposits and loans of financial institutions from February 26th, 20 10. The benchmark interest rates for one-year deposits and loans of financial institutions were raised by 0.25 percentage points respectively, and the benchmark interest rates for other grades of deposits and loans were adjusted accordingly.

201019 Since 201010, the interest on bank loans has been raised to the benchmark interest rate of RMB deposits and loans of financial institutions. The benchmark interest rate for one-year deposits of financial institutions was raised by 0.25 percentage points, from the current 2.25% to 2.50%; The benchmark interest rate for one-year loans was raised by 0.25 percentage points, from the current 5.3 1% to 5.56%; The benchmark interest rates for other grades of deposits and loans will also be adjusted accordingly.

China people's bank loan benchmark interest rate table over the years

At present, the benchmark interest rate of personal commercial loans of China Bank is consistent with that of China People's Bank. You can query through the financial data of our portal-RMB loan interest rate table and historical data of RMB loan interest rate in deposit and loan interest rate. For details, please contact the official service hotline of China Bank at 95566. You can also contact the local people's bank directly.

The above contents are for your reference. Please refer to the actual business regulations.