How much is the interest rate on JD gold bars?

Jingdong gold bar interest

What is the interest rate of Jingdong gold bar loan?

Jingdong Gold Bar’s loan interest is determined by a variety of factors, including the applicant’s credit status, loan amount and loan period. Generally speaking, the daily interest rate of JD gold bars ranges from 0.02% to 0.06%, which translates into an annual interest rate of approximately 7.3% to 21.9%.

Factors affecting JD gold bar interest

• Credit status: Borrowers with good credit status can usually get lower interest rates.
• Loan amount: The larger the loan amount, the higher the interest rate is generally.
• Loan term: The longer the loan term, the higher the interest rate is generally.

How to calculate Jingdong gold bar interest

The calculation method of Jingdong gold bar interest is: interest = principal×interest rate×term

Example:

• If you borrow 10,000 yuan, the daily interest rate is 0.03%, and the loan period is 12 months, the interest is calculated as follows:

<code>利息 = 10,000 × 0.03% × 365 = 109.5 元</code>

Note:

• The interest on JD gold bars is calculated on a daily basis and collected on a monthly basis.
• JD Gold Bar may charge other fees, such as handling fees or overdue fees.

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