Jin Tou Wang·2025-09-01 03:24Core Viewpoint - China Minsheng Bank is implementing a fiscal interest subsidy policy for personal consumption loans to reduce consumer credit costs and stimulate consumer spending potential from September 1, 2025, to August 31, 2026 [1] Group 1: Fiscal Subsidy Execution Period and Scope - The subsidy applies to personal consumption loans used for consumption, excluding credit card transactions, with identifiable consumption transaction information [1] - The subsidy covers single transactions below 50,000 yuan and significant expenditures in key areas such as automobiles, education, and healthcare [1] Group 2: Fiscal Subsidy Standards - The annual subsidy rate is set at 1 percentage point, with a maximum of 50% of the loan contract interest rate [2] - The total subsidy limit for each individual customer is capped at 3,000 yuan, with a specific limit of 1,000 yuan for transactions below 50,000 yuan [2] Group 3: Fiscal Subsidy Rules - Customers must authorize China Minsheng Bank to access transaction information to qualify for the subsidy, which can be done through the bank's mobile app [3] - The signing of the subsidy agreement does not affect the normal application and use of personal consumption loans, but failure to sign will result in ineligibility for the subsidy [4] Group 4: Consumption Transaction Identification - The bank will identify transactions through system recognition or manual review to determine eligibility for the subsidy [5] Group 5: Subsidy Loan Interest Calculation and Settlement - The bank will calculate the subsidy amount daily based on the stipulated rate and limits, deducting it from the loan interest charged [6] - If a loan that has received a subsidy is later deemed ineligible, the bank reserves the right to reclaim the subsidy amount [6] Group 6: Additional Information - China Minsheng Bank will not charge any fees for processing the subsidy and advises customers to be cautious of potential fraud [7]