2. The borrower shall go through the formalities of white-collar loan cancellation at the counter of Bank of Ningbo business outlets with his personal ID card and application form.
3. Make sure that the individual has paid off the loan before applying for account cancellation, otherwise the loan account cannot be closed. If the user fails to apply for terminating the single loan in Bank of Ningbo 1 year, the credit period of the loan will be automatically extended to the third year.