Can Huinong e-loan be renewed if it is overdue for one month?

Yes, if the e-loan line of Huinong is overdue for one month, it can still be renewed.

Detailed description:

1. Huinong e-loan is an unsecured loan service for farmers and rural enterprises. It aims to support rural economic development and increase farmers' income.

When the borrower's loan is overdue for one month, they still have the opportunity to apply for loan extension. This means that they can continue to use the original loan amount and get more financial support.

3. Applying for loan extension usually needs to re-evaluate the borrower's credit status. Banks or financial institutions will consider the borrower's repayment record, operating conditions and other related factors to decide whether to approve the loan extension application.

If borrowers have performed well in the past loan period and can prove that they have the ability to repay the loan on time, then they are likely to be approved to apply for a new loan.

Renewing loans not only provides flexibility for borrowers, but also helps to maintain the flow of funds and continue to promote the development of rural economy.

Summary:

After the e-loan line of Huinong is overdue for one month, the borrower can still apply for loan renewal. However, approval or not depends on the borrower's credit status and repayment ability.

Extended data:

Huinong e-loan is a financial service product launched by Agricultural Bank of China, which aims to meet the financing needs of rural residents and rural enterprises. The characteristics of loan products are unsecured, low interest rate and quick approval, which can help rural economic development and increase farmers' income. Borrowers usually need to provide proof of identity, business status and repayment ability when applying for Huinong e-loan.