Can I get a loan with my social security card?

Social security cards cannot be used for loans.

Social security card itself does not have the loan function, it is mainly used in the field of social security, such as medical insurance, old-age insurance and so on. If you need to apply for a bank loan, you must meet the following conditions: the age is between 18 and 65 years old; The actual age of the borrower plus the loan period shall not exceed 70 years old; Have a stable occupation and income, and have the ability to repay the principal and interest on schedule; Good credit record, no bad credit record; The purpose of the loan is legal; And other conditions stipulated by the bank. Only when these conditions are met can you apply for loan business in the bank.

Function and application of social security card;

1. Identity authentication: Social security card has identity authentication function and can be used for medical registration in medical institutions;

2. Medical payment: social security cards can be used to pay medical expenses in personal accounts;

3. Information inquiry: Cardholders can inquire personal social security information through social security cards;

4. Social welfare: Social security cards are sometimes used to receive various social welfare and subsidies;

5. Employment services: Social security cards in some areas can also be used for employment and unemployment registration services.

To sum up, social security card, as a social security tool, cannot be directly used for loans, but applying for bank loans needs to follow certain conditions, including age limit, stable income, good credit record, legal use of loans and so on. Only when the conditions stipulated by these banks are met can individuals apply for loans to solve their capital needs.

Legal basis:

Measures of the People's Republic of China on the Administration of Social Security Cards

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The social security card is the electronic certificate for cardholders to enjoy social security and public employment services. It has the basic functions of information recording, information inquiry and business handling.