Xin Hua Wang·2026-01-22 14:29Core Viewpoint - The Ministry of Finance and other departments have announced an optimization of the personal consumption loan interest subsidy policy, which aims to enhance consumer spending and support economic recovery through various measures [1]. Group 1: Policy Enhancements - The implementation period of the personal consumption loan interest subsidy policy has been extended to the end of 2026 [1]. - The scope of support has been expanded to include credit card bill installment services [1]. - Restrictions on the consumption amount have been lifted, allowing for subsidies on amounts of 50,000 yuan and above [1]. - The subsidy standards have been improved by removing the previous cap of 500 yuan per single transaction and the limit of 1,000 yuan for each borrower at the same financial institution for amounts below 50,000 yuan [1]. Group 2: Implementation and Customer Convenience - Starting from January 1, 2026, banks will provide services under the optimized subsidy policy for eligible personal consumption loan customers and credit card bill installment customers [1]. - Customers who have already applied for subsidies will not need to re-sign subsidy agreements, as transactions occurring from January 1, 2026, will automatically apply the new subsidy policy [1]. - Banks will not charge any additional fees beyond loan interest and installment-related fees during the processing of personal consumption loans and credit card bill installment subsidy services [1]. Group 3: Fraud Prevention and Compliance - Banks have issued warnings against providing false documentation or engaging in fraudulent activities to obtain subsidies [2]. - Borrowers who illegally obtain subsidy funds will face recovery actions and will be recorded in personal credit histories, with strict legal consequences [2].