Can Bank of Communications Huimin Loan be repaid in advance?

Can Huimin Loan be repaid in advance?

Bank of Communications Huimin Loan can be repaid in advance, and no excess interest will be charged for early repayment

< p>1. Bank of Communications (English name Bank of Communications, abbreviated BCM, Chinese name abbreviated as Bank of Communications) was founded in 1908. It is one of the six largest banks in China, one of the oldest banks in China, and the development bank of modern China. One of the banknote banks. On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. In June 2005, Bank of Communications was listed on the Hong Kong Stock Exchange, and in May 2007, it was successfully listed on the Shanghai Stock Exchange

Second, Bank of Communications is one of China's major financial service providers, and the group's business scope Covering commercial banking, securities, trusts, financial leasing, fund management, insurance, offshore financial services, etc. Bank of Communications has 235 domestic branches, including 30 provincial branches, 7 directly affiliated branches, and 199 provincial branches. It has branches in 239 prefecture-level and above cities and 158 counties or county-level cities*** nationwide. 3,270 business outlets; it has 7 non-bank subsidiaries, including wholly-owned subsidiaries BoCom Leasing, BoCom Insurance, and BoCom Investment, and holding subsidiaries BoCom Fund, BoCom Guosen, BoCom Life, and BoCom International . In addition, Bank of Communications is also the largest shareholder of Changshu Rural Commercial Bank and the joint largest shareholder of Tibet Bank. It has strategically invested in Hainan Bank and controls 4 rural banks.

Three, as of the end of 2017, Bank of Communications has There are 232 branches, including 30 provincial branches, 7 directly affiliated branches, and 195 provincial banks. There are 3,285 branches in 236 cities at or above the prefecture level and 167 counties or county-level cities nationwide. Business outlets; its wholly-owned subsidiaries include BoCom International, BoCom Insurance and BoCom Leasing, and its holding subsidiaries include BoCom Fund, BoCom Guosen, BoCom Life, Dayi BoCom Xingmin Rural Bank, Zhejiang Anji BoCom Rural Bank, Xinjiang Shihezi Bank of Communications Rural Bank, Qingdao Laoshan Bank of Communications Rural Bank. In addition, Bank of Communications is also the largest shareholder of Jiangsu Changshu Rural Commercial Bank, the joint largest shareholder of Tibet Bank, and has strategically invested in Hainan Bank

Fourth, the company's business includes: banking engineering, tax payment, cash Management, asset custody (securities investment fund custody, national social security fund asset custody, insurance fund custody business, brokerage collective/directional asset management plan custody, enterprise annuity custody, international custody, trust fund custody, private equity fund custody, etc.), investment banking and financing business (accounts receivable transfer, guarantee business, loan commitment letter, credit certificate, buyer or agreement interest-paying bill discount business, commercial bill discount business, foreign government loan on-lending business, local and foreign currency fixed asset loans, export tax refund account custody Loans, legal person account overdrafts, local and foreign currency working capital loans, interbank credit asset buyout business and interbank credit asset repurchase business) How to repay Bank of Communications Huimin Loan_Can Bank of Communications Huimin Loan be repaid in advance

How to repay Bank of Communications Huimin Loan

Huimin Loan is a personal credit consumer loan product provided by Bank of Communications to users. The amount obtained from the loan can only be used for consumption. The maximum amount is 300,000 and the loan period is 36 Months, qualified users can apply to open Huimin Loan. The Bank of Communications will give a credit limit based on the applicant’s comprehensive score of personal qualifications. If the borrower opens Huimin Loan, there will be no interest if the borrower does not apply for the loan. If the borrower applies for a loan and receives the loan amount, Huimindai will charge a certain amount of interest from the borrower in accordance with regulations.

After obtaining the loan, the borrower must repay the loan in accordance with the regulations. According to the official introduction of the Bank of Communications, the Bank of Communications Huimin Loan currently uses the system's automatic deduction model for repayment. The borrower only needs to make money on the specified repayment date and ensure that there are enough funds in the savings card bound to the Huimin Loan account to make the repayment. The Huimin Loan system usually operates between 6:00 and 8:00 in the morning on the repayment day. pm; 18:00-20:00 in the evening; and around 22:00 in the evening. Deductions will be automatically made during these three time periods. If the deduction is unsuccessful, Bank of Communications will consider the borrower to be overdue, and a certain amount will be charged on a daily basis for overdue payments. There will be late payment fees, and overdue records may also be uploaded to the credit reporting system. Bank of Communications' Huimin Loan currently provides borrowers with a 3-day grace period for repayment. If the loan is not repaid after 3 days, Bank of Communications will upload overdue records to the credit reporting system, which will affect the borrower's personal Credit.

Can Bank of Communications Huimin Loan be repaid in advance?

According to the official introduction of Bank of Communications, Huimin Loan supports early repayment. If the borrower has free funds, You can apply for early repayment. There is no handling fee for early repayment, but early repayment requires the borrower to manually repay the loan. 1. The borrower enters the mobile banking of Bank of Communications, finds the "My Finance" option, finds "Loans" in "My Finance", and then clicks on "Loan Management" to enter, where there is "Early Repayment" " option, the borrower can choose whether to repay in full or in part according to his or her personal circumstances.

Can Bank of Communications Huimin Loan be repaid in advance?

Bank of Communications Huimin Loan is a consumer loan product launched by Bank of Communications for its agency customers. The maximum limit is 300,000 yuan. At the same time, the interest rate is lower than other loan products. I believe it will not All customers of Shaoxing Bank of Communications have learned about Huimin Dai. So can the Bank of Communications Huimin Loan be repaid in advance?

1. Bank of Communications Huimin Loan can be repaid in advance, and no excess interest will be charged for early repayment.

2. If I borrow a certain amount from Huimindai on January 1st, the term is 12 months, and if I repay it early on March 1st, then only the amount that needs to be repaid on March 1st will be Interest will be charged. Repayments after March 1st do not require interest, and there are no other handling fees. You only need to repay the principal.

3. Except for Bank of Communications, the consumer loan products of most banks can be repaid in advance, and they also support borrowing and repaying at any time.

The above is all about the early repayment of Bank of Communications Huimin Loan. I hope it can help netizens.