Does Jintang Agricultural Bank currently repay the loan in advance and collect liquidated damages? Hello, I borrowed the money in October 20 16 10, and I want to repay the loan in advance within two years. Default payment for prepayment of loan by ABC

1. If the loan of Agricultural Bank is repaid in advance for less than one year, it will be charged by multiplying the principal by the monthly interest rate, that is, dividing the loan interest rate by 12 months minus the number of repayment months;

2. Repay the loan in advance after one year. As long as there is no record of prepayment before, no penalty will be charged. If the repayment has been made in advance, the applicant will not be fined if he applies again one year later.

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