Policy pledge loan contract

Contract number: ____________

Lender: ___________________________

Borrower: ___________________________

On the basis of equality, voluntariness and consensus, this contract is signed in accordance with the Covenant Law and relevant regulations and the Loan Contract Regulations and the relevant loan method of the lender.

Article 1 The loan amount of this contract is _________ yuan. The loan interest is calculated based on the bank's loan interest rate _________% on the date of signing the contract, and is paid off at the time of repayment. If it is overdue, it will be _________ % calculates the corresponding penalty interest.

Article 2 The term of this contract is _________ days, and the borrower shall guarantee the repayment of the loan on schedule. If it is necessary to repay the loan, the borrower shall submit a written application to the lender within seven days before the loan expires, and the lender shall review whether to apply for renewal.

Article 3 The borrower shall pledge the rights stipulated in the insurance contract to ensure the performance of this contract. The scope of the pledge guarantee includes the principal and interest of the loan and the penalty interest.

Article 4 The insurance contract number used by the borrower for pledge in this contract is: ______________________.

Article 5 Any form of payment shall occur during the period of the loan, and the payment shall give priority to the repayment of the principal and interest of the loan.

Article 6 If the borrower repays the principal and interest at the time agreed in this contract, the pledge shall be automatically eliminated, and the lender shall return the above insurance contract.

Article 7 During the period of this contract, the validity of the insurance contract shall be terminated due to invalidation or other reasons, and the principal and interest of the policy shall be deducted from the surrender amount.

Article 8 When the loan is due and the sum of the principal and interest of the borrower overdue is more than the cash value of the policy, the insurance contract will be terminated and the lender will no longer bear any insurance liability.

Article 9 This contract shall have the legal effect after being signed by both parties. Any party requesting a change or termination of this contract is subject to negotiation and this contract is still valid until the change agreement is reached.

Article 10 A dispute arising from the performance of this contract shall be settled by both parties through negotiation. If the negotiation fails, the parties agree to arbitrate by _________ or sue in the ______ People's Court

Article 11 This contract is made in triplicate, with each borrower and lender holding one copy and the other by the lender.

Lender: _______ Borrower: _______

principal:_______

_________Year ____________________________________________