Is there a time limit for ICBC to repay the mortgage in advance?
Industrial and Commercial Bank of China has no clear regulations on the number of mortgage prepayment. Generally speaking, you can repay in advance once or twice a year. Users can choose offline channels or online channels when handling prepaid services. Among them, offline channels are handled through ICBC counter outlets, and online channels are handled through mobile banking. The specific steps are as follows: Open the "Home-Loan-My Loan" function of mobile banking, and make an appointment for repayment according to the prompts.
The following are the relevant provisions of ICBC's mortgage repayment:
1 When the borrower repays normally, it is required to deposit the full amount of funds into the repayment account before the repayment date agreed in the loan contract 17, and there is no need for manual repayment. If the repayment is not made in full and on time, it will be overdue, and ICBC will charge a penalty interest on a daily basis (the specific proportion will be subject to the contract). If it is overdue, personal credit will be affected.
2. Loan batch deduction can be divided into full deduction and insufficient deduction. The borrower can contact the loan bank to open the function of "SMS prompt for full deduction" for free, and there is no SMS prompt for insufficient deduction for the time being.
3. The liquidated damages for prepayment of mortgage loans generally do not exceed the six-month loan interest for repayment of principal, and are exempted under special circumstances (unless otherwise agreed in the loan contract, the loan contract shall prevail).
The above are some knowledge points about ICBC's mortgage, so you can pay attention to them.