SPD BANK(SH:600000) Jin Tou Wang·2025-08-26 03:10Core Viewpoint - Shanghai Pudong Development Bank (SPDB) is implementing a personal consumption loan interest subsidy policy to boost domestic consumption and demand, effective from September 1, 2025, to August 31, 2026 [1] Summary by Sections Subsidy Scope - The subsidy applies to personal consumption loans issued by SPDB, excluding credit card transactions, specifically for consumption purposes identifiable through loan accounts [1][2] Application Timeline - The subsidy program will commence on September 1, 2025 [3] Subsidy Rate - The interest subsidy rate is set at an annualized 1%, with a maximum limit of 50% of the loan contract interest rate [4] Maximum Subsidy Amount - Each borrower can receive a total subsidy of up to 3,000 yuan, corresponding to eligible consumption of 300,000 yuan, with a specific cap of 1,000 yuan for loans under 50,000 yuan [5] Application Process - Customers can apply for the subsidy through standard loan procedures, requiring a supplementary agreement and authorization for SPDB to verify consumption transactions [6] Receiving Subsidy Funds - The subsidy amount will be directly deducted from the loan interest during the loan settlement process for eligible customers [7] Inquiry About Subsidy Amount - Customers can check their subsidy amounts via SPDB's mobile banking app or receive notifications via SMS [8] Fees for Subsidy - SPDB will not charge any fees for processing the consumption loan or subsidy applications, and customers are advised to avoid third-party intermediaries [9] Consequences of Misuse - SPDB will enforce strict measures against fraudulent activities related to subsidy claims, including legal actions and blacklisting for severe violations [10]