Banks and other institutions actively respond to the fiscal interest subsidy policy

Recently, the "Notice on Optimizing the Implementation of the Personal Consumption Loan Financial Subsidy Policy" was released, extending the implementation period of the personal consumption loan financial subsidy policy to December 31, 2026. The adjusted policy implementation period is from September 1, 2025, to December 31, 2026. It is understood that banks have introduced relevant optimized subsidy execution plans based on the latest policy requirements, such as including credit card installment services within the subsidy scope and removing restrictions on certain consumption subsidy usage scenarios. According to feedback from some bank branches, the current minimum interest rate for consumer loans is 3%, and the loan funds are mainly applicable for consumption purposes such as home renovation, car purchases, and travel, with the amount determined based on a comprehensive assessment of the customer's credit status, occupational background, income level, and other factors. (Securities Times)