Support Scope - The implementation plan specifies that loans meeting certain conditions can enjoy interest subsidy policies, including consumption loans below 50,000 yuan and above for key areas such as home automobiles, education, and health care [3][7] - For loans above 50,000 yuan, the interest subsidy is capped at the consumption amount of 50,000 yuan, with potential for policy extension and expansion based on implementation effects [3][6] Loan Institutions - The loan processing institutions include six major state-owned commercial banks and twelve national joint-stock commercial banks, as well as five other personal consumption loan issuing institutions [4] Interest Subsidy Standards - The annual interest subsidy rate is set at 1%, with a maximum of 50% of the loan contract interest rate, funded by central and provincial finances at 90% and 10% respectively [5][6] - Each borrower can receive a cumulative interest subsidy cap of 3,000 yuan from one loan institution, corresponding to a total consumption amount of 300,000 yuan [6] Key Areas for Personal Consumption Loan Subsidies - Key areas for subsidies include home automobiles, elderly care, education and training, cultural tourism, home decoration, electronic products, and health care [7][8] Support Scope for Service Industry Loan Subsidies - The plan outlines that loans issued to service industry entities in eight categories, including accommodation, health, and tourism, can also benefit from interest subsidies [10][16] - Loans must be signed between March 16, 2025, and December 31, 2025, and funds must be used to improve consumption infrastructure and service capabilities [10][11] Interest Subsidy Standards for Service Industry - The interest subsidy for loans to service industry entities is also set at 1% annually, with a maximum loan amount of 1 million yuan per entity [13][14]

Core Viewpoint - The State Council introduced personal consumption loan interest subsidy policies to support consumer spending and service industry loans, detailing the application process and benefits for borrowers [1]. Group 1: Personal Consumption Loan Interest Subsidy - Borrowers need to grant loan institutions permission to access transaction information of the loan account when applying for personal consumption loans [3]. - For existing loans, institutions can obtain authorization through supplementary agreements, calculating the subsidy based on actual consumption [3]. - An example illustrates that a consumer borrowing 200,000 yuan at a 3% interest rate could save up to 2,000 yuan in interest payments with a 1% subsidy, equating to a one-third reduction in interest costs [3]. Group 2: Key Areas for Personal Consumption Loan Subsidy - The subsidy applies to various sectors, including: - Household automotive purchases, insurance, and maintenance [4]. - Elderly care and child-rearing services [4]. - Education and training for qualifications and higher education [4]. - Cultural tourism services through qualified travel agencies [4]. - Home decoration and appliances [4]. - Electronic products like smartphones and computers [4]. - Health services such as dental and vision correction [4]. Group 3: Service Industry Loan Interest Subsidy - Borrowing entities do not need to apply for the subsidy; they follow standard loan procedures with banks [5]. - Banks will return the subsidy amount to the borrowing entity after receiving the funds from the government [6]. - An example shows a restaurant borrowing 900,000 yuan could receive a total subsidy of 9,000 yuan, with part returned as a lump sum and the remainder deducted from future interest payments [6].