The standard of punishment for the completion of the crime of defrauding loans is: generally sentenced to fixed-term imprisonment of not more than three years or criminal detention, with a fine or a single fine. The crime of defrauding a loan refers to the act of obtaining a loan from a bank or other financial institution by fraudulent means, causing heavy losses to the bank or other financial institution or other serious circumstances.
 Legal basis:
 Article 175-1 of the Criminal Law
 Whoever obtains a loan, bill acceptance, letter of credit, letter of guarantee, etc. from a bank or other financial institution by deception, thus causing heavy losses to the bank or other financial institution, or if there are other serious circumstances, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention and shall also, or shall only, be fined; Whoever causes especially heavy losses to banks or other financial institutions or has other especially serious circumstances shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined. Where a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the persons who are directly in charge and the other persons who are directly responsible for the crime shall be punished in accordance with the provisions of the preceding paragraph.