Early repayment of Bank of China personal entrusted loans:

The borrower can repay all or part of the loan principal and interest in advance after the entrusted loan contract takes effect. If you need to repay in advance, you must submit a written application 10 working days before the repayment date, and specify the time and amount of early repayment. Any changes to the repayment plan require a written agreement between the borrower, the trustor and the trustee.

Warm reminder:

1. Interest will be calculated on the portion returned in advance based on the interest rate and actual usage time stipulated in the contract. The interest rate on the portion not returned will still be calculated based on the interest rate stipulated in the contract.

2. The borrower may not repay the portion repaid in advance.

(Answer time: July 6, 2023)

The above content is for your reference, please refer to the actual business regulations.

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