yes. Loan repayment can be more than one time if there is money, but it needs the consent of the bank. If the application for repayment of the loan is not approved by the bank, it is impossible to repay the loan in advance. A simple and popular understanding of a loan is to borrow money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them.