The lending process at banks typically includes the following main steps: receiving applications, assessment, approval, and disbursement. First, the customer submits a loan application along with required documents such as an identity card or citizen identification card, household registration book, income verification documents, and materials related to the purpose of the loan. The bank then evaluates the customer’s financial capacity, credit history, and ability to repay. If the customer meets the requirements, the bank will issue a loan approval and proceed to sign a loan agreement (also known as a credit contract). The loan agreement is a legal document that clearly states the loan amount, interest rate, loan term, repayment method, and the rights and obligations of both parties. After signing the agreement, the bank disburses the loan either in cash or by bank transfer. This entire process is closely monitored to ensure financial safety and compliance with the law.