You don't have to go to the bank in person to repay the loan, you can let someone else do it. In addition, there are many ways to repay the loan:

1. Use online bank transfer for repayment;

2. Use mobile banking to transfer and repay;

3. Use Alipay, Tenpay and other third parties to pay for transfer and repayment;

4. Repay at the ATM.

Do I have to go in person to repay the loan in advance? Understand the specific operation process.

Do I have to go in person to repay the mortgage in advance? Do you know the specific process when repaying? Let me give you a specific talk about whether to collect liquidated damages when repaying, which is what we need to know.

Do I have to go in person to repay the loan in advance?

Early repayment must be handled in person. The prepayment process is as follows:

1. First check the requirements for prepayment in the loan contract, and pay attention to whether there is a certain penalty for prepayment;

2. Call the loan bank in advance to inquire about the application time and minimum repayment amount of the loan and other materials that need to be prepared;

3. According to the requirements of the bank, personally apply to the relevant departments for early repayment;

4. The borrower carries the relevant documents to the borrowing bank to go through the formalities related to prepayment;

5. Submit the prepayment application form and deposit the prepayment in the counter.

What should I pay attention to when repaying the loan in advance?

Do I have to pay a handling fee?

When a lender applies for a loan, it will generally sign a loan contract with a bank, and there will be some relevant provisions of "charging fees for early repayment", so there is a legal basis for banks to charge fees for early repayment. The bank may charge a certain fee. Therefore, when you want to repay the loan in advance, you must ask in advance whether the bank has any charges and other issues.

Do I need to pay liquidated damages?

In fact, the bank's regulations on early repayment are limited by years. If the lender's loan contract takes effect less than one year, it is best not to apply for early repayment, because the bank may charge one more month's interest as liquidated damages according to the amount of early repayment by the lender and the specific loan interest rate. Therefore, when considering prepayment, you should choose the right time, otherwise you will spend an extra month's interest and waste some money.

What aspects should be considered when repaying the loan in advance?

First, consider the sources and types of loans. Loans are divided into commercial loans and provident fund loans or other loans. Some loans have low interest rates and are subsidized. Others are not subsidized or relatively high. Then when repaying the loan, we should give priority to the loan with high interest rate.

Article 2 Provisions of financial institutions. There are still some differences between different financial institutions. But generally speaking, the lender can apply for early repayment or partial early repayment after borrowing for one year, which can be considered according to the actual situation.

Thirdly, it introduces the national regulations on interest. If the country is ready to raise interest rates, or in the cycle of raising interest rates, it should be good to repay the loan one year in advance or if it has the ability. If it is in the process of interest rate cuts, then so on.

Do I have to repay the loan in person?

I don't have to pay the mortgage in advance in person. If the borrower can't pay back the money in person, he can entrust someone else to do it and ask the agent to prepare their ID card, loan contract, repayment card and authorization certificate.

But we need to pay attention to one thing. Whether I return it in person or entrust someone else to do it for me, I have to apply first, and I can't return it until the application is passed.

Usually, the lending bank has requirements on the minimum repayment amount and repayment period. A considerable number of banks require a minimum repayment amount of not less than 50,000, and they can only apply after paying off the loan 12 months. They can only repay 1-2 times a year, and they need to make an appointment in advance before repaying the loan. This kind of advance appointment period is generally more than half a month.

In addition, banks can charge liquidated damages for early repayment of loans, which are written in these contracts, but most banks will not charge them as long as they make an appointment in advance, and each bank is different.

Relatively speaking, when banks encourage you to repay the loan in advance, they often refuse to accept it. If they don't encourage you to repay the loan in advance, they may have to accept that the initiative is in their hands.

What about the formalities of repaying the loan in advance? If only part of the loan is repaid in advance, you only need to deposit the money that needs to be repaid in advance into the bank card according to the procedure, then make an appointment with the bank, submit the corresponding information and call your loan manager directly. Usually it can be done within one month. If you pay off all the loans, you need to go to the real estate trading center to cancel the mortgage as shown in Figure 2. All the property rights of this suite are yours.

Benefits of repaying the loan in advance: saving interest and reducing the pressure of monthly payment.

Disadvantages of repaying the loan in advance: if the loan is not repaid, the money can be used for other purposes, such as investment, and some investment opportunities are lost.

Suitable for people who repay loans in advance: Without suitable investment channels, the interest earned by not repaying loans in advance is not as much as that saved in advance. People who are quite sensitive to debt don't like debt and relieve their psychological pressure. At present, this property has other uses after the mortgage is lifted, for example, you need to sell the house or use this house as a mortgage investment.

Not suitable for people who repay the loan in advance: You have better investment channels to earn more money than the loan interest, especially for these people who originally had low interest on provident fund loans. Generally speaking, when the repayment method of equal principal and interest has been repaid by half and the average capital has been repaid by one third, it is really unnecessary to repay the loan in advance, because the interest saved is quite limited.

Do I have to pay the balance of the mortgage?

Not necessarily. The repayment of the mortgage loan shall be made through the deduction account agreed between the lending banks. After the repayment, I need to go through the relevant procedures to recover my mortgage property certificate, but the specific repayment person does not need it.

Do I need to go to the bank to apply for prepayment?

Need the main lender to repay the loan.

The process of applying for prepayment is as follows:

1. The borrower can only propose to repay part or all of the loan in advance for the first time after repaying the principal and interest of the loan for six months normally;

2. For serious loan management, the lending institution has set a minimum amount for the prepayment of some loans, which generally needs more than 6,543,800 yuan;

3. The general borrower needs to notify the lending institution to repay the loan in advance 65,438+00 days or 65,438+05 days in advance, and must submit a written application to the lending institution with the original loan contract, bank repayment savings card, monthly statement of fund repayment, my ID card and other materials, which is approved by the lender;

4. In the current month, the borrower still needs to repay the original monthly loan principal and interest repayment amount, and at the same time deposit the loan amount to be repaid in advance into the bank savings card. After confirmation, the lender repays part of the housing loan in advance, and then recalculates the loan balance and the final repayment period after repaying part of the loan in advance according to the calculation principle of "paying interest first, then paying principal, and reducing the repayment period by equal amount every month", and re-prints "repaying principal interest on a monthly basis".

Do I have to go in person to repay the loan in advance? Do I need the user to make an appointment by phone?

Many people will go to the bank to apply for a loan when they are in urgent need of money, but they need to pay a certain interest when applying for a loan. In order to reduce interest expenses, many people will repay the loan in advance after applying for a loan. So do they want to repay the loan in advance in person? Do you usually pay attention? Let's give you a detailed introduction.

When the loan is returned by the bank, it is best to handle it in advance. If I can't handle it in person, I can entrust others to handle it, but I need to issue a power of attorney. It should be noted that an application must be made to the bank in advance to repay the loan in advance. After the bank approves, it can repay the loan in advance. You can usually make an appointment by calling the bank.

Users should pay attention to the relevant regulations of the bank when repaying loans in advance. For example, some loans can be repaid in advance, and some loans must pay off all the principal. In terms of early repayment, banks will also have certain restrictions on the amount of repayment. For example, when the bank stipulates partial repayment, it is generally an integer multiple of 1 0,000.

Pay attention to the time of early repayment. Under normal circumstances, if the loan repayment time exceeds half of the total repayment time, there is no need to prepay. At this time, the interest saved by early repayment is not much, because the previous repayment has already paid most of the interest. At this time, you can use this money to manage your finances and get good returns.

If the borrower repays the loan in advance, the bank may charge a certain penalty interest, and the specific proportion can be negotiated with the bank. If it is a mortgage loan, the user should cancel the mortgage in time after returning all the arrears.

It is worth mentioning that if the borrower's loan interest rate is relatively low, the income from purchasing wealth management products is already higher than the loan interest rate. There is no need to return it at this time. Borrowers can use spare money to buy wealth management products and make up for their losses through the income of wealth management products.

So much for the introduction of loan repayment.