Yes, it will be deducted automatically.
Before the repayment date, the funds to be repaid need to be recharged to the borrower's Alipay account, and the Alipay system will deduct the corresponding funds from the borrower's Alipay account on the deduction date and transfer them to the China Development Bank.
2 1 day of each month is the Alipay deduction date. Please check the balance of Alipay account on 22nd. If the funds are not deducted, the repayment is unsuccessful. If the funds have been deducted, please log in to the loan system on the following month 1 day to confirm whether the repayment is successful.
Extended data
1, normal repayment
The so-called normal repayment means that the borrowing students repay the loan principal and interest in full and on time according to the loan contract.
2. Advance payment
The so-called prepayment means that the borrower settles the loan principal and interest in one lump sum before the loan contract expires. Therefore, students who don't want to pay the interest on the student loan can choose to pay off the loan principal before graduation.
After165438+1October 20th every year, log in to the student-origin loan system of China Development Bank to inquire about the principal and interest to be repaid this year, and deposit the money into the corresponding loan account before 65438+February 20th, and the bank will automatically deduct the money on 65438+February 20th. If you use Alipay to repay the loan, Alipay will send a repayment notice to the borrower by SMS and email five days before the repayment date. If the mobile phone number and email address change, please log in to the student loan system of China Development Bank in time to make changes.
From 1 to 10, you can apply for early repayment every month, and all outstanding debts of the contract must be paid off in one lump sum.
Borrowing students must apply for a new student loan in the student system of China Development Bank before 10 every month or apply to the teachers of the local county-level financial aid center, and deposit the full amount of funds into the corresponding repayment account before 15 that month.
Deduction on the 20th of each month. If you use Alipay to repay the loan, Alipay will deduct the corresponding amount from the student's personal Alipay account on the day of prepayment deduction, and feedback the loan student through SMS and email. Students can log on to the online system to check the results of prepayment. If the current advance payment fails, you need to resubmit the next advance payment within the specified time.
Interest Repayment of Student Loans of China Development Bank
The student loan of China Development Bank has no interest before graduation, and there is no need to repay interest. After graduation, the loan interest is borne by the borrower, and the interest and principal are repaid together. The repayment method is Alipay repayment.
First, the repayment method of student loans
1. Students should pay in one lump sum or in installments before graduation.
2. After graduation, all loans will be repaid to the loan issuing department by their work units.
3, graduates after the expiration of probation, in two to five years by the unit from their wages deducted monthly.
In the place where graduates work, according to their performance, it is decided to reduce the loan repayment.
5. If the borrower is expelled from the school, ordered to drop out of school or voluntarily dropped out of school for violating national laws and school discipline, the parents of the students should be responsible for returning all loans.
Second, the repayment period.
The longest loan period is 20 years and the grace period is 3 years. During the grace period, only the interest needs to be repaid, and there is no need to repay the principal.
Extended data:
Student loan application process
I. Loan application
The borrower shall apply for a loan from the Student Financial Assistance Management Center of the Education Bureau where his domicile is located, fill in the loan application form and provide materials at the same time.
Second, the contract signing
1, local funding centers review application materials.
2. The local financial aid center guides students to open personal accounts in the handling bank.
3. Sign the Student Credit Loan Contract.
4, issued by the local funding center "student credit loan contract receipt".
Third, the contract receipt
1. Borrowing students bring contract receipts to school.
2. The school shall go through the acceptance procedures according to the contract requirements.
3. The student will send the contract receipt back to the county-level financial aid center where the student is located.
4, the local financial aid center to prepare a summary report to the provincial student financial aid management center.
5, the provincial aid management center reported to the handling bank for approval.
Four. loan origination
1. The handling bank transfers the loan funds to the borrower's personal account.
2. The loan funds are transferred from the personal account to the tuition account of the borrower's school.
Verb (abbreviation of verb) contract change
After the signing of the loan contract, if the borrower needs to change the personal account name or account number, or cannot repay the loan according to the repayment plan agreed in the loan contract due to reasons such as continuing his studies or dropping out of school, the contract can be changed upon the borrower's own application and the approval of the county-level funding center.
How to repay the interest on the national student loan?
Take Hunan College of Humanities and Science as an example.
If students need to prepay, they can apply for prepayment in the student loan service system of China Development Bank. You can apply for prepayment in June 1-10 except June1. After the students apply for prepayment, they need to deposit all the principal and interest into the Alipay account designated by the bank at the same time, and the bank will deduct the money on the 20th of the month when the students apply for prepayment.
Students should check whether the prepayment is successful in time. If it is not successful, they need to submit an application for early repayment in the system again next month and make repayment according to the process until the repayment is confirmed to be successful.
Deposit the due loan principal or interest into the Alipay repayment account designated by the bank. Students need to pay interest every year from the year they graduate. The bank will make unified deduction at 65438 on February 20 every year, and deposit all the interest into the designated Alipay account before this date, and the repayment is successful.
If the loan principal expires, all the principal and interest will be deposited into the Alipay account designated by the bank before the expiration date of the loan contract, and the bank will deduct it uniformly on the expiration date of the loan contract. When using Alipay to repay the loan, you can first carry out Alipay real-name authentication and bind your personal mobile phone (convenient for mobile phone payment and mobile phone password retrieval, etc.). ), recharge the Alipay account in time, and check the repayment situation in time.
Extended data:
Under normal repayment (according to the contract plan), you only need to pay 1 self-paid principal and interest every year. From 1 1, you should pay attention to the online platform of students to inquire about the total amount of self-paid principal and interest this year. From 1 1, you should actively pay the balance of Alipay (non-balance treasure) in the loan contract in full, 1+2.
According to the student loan policy, the interest settlement date of this loan is February 20th every year (September 20th in the last year). The holiday will not be postponed. Borrowing students should deposit the repayable loan interest into the Alipay account registered when applying for the loan within two years after graduation before 65438+February 65438+May each year. Repay the principal and loan interest according to average capital repayment method, and the interest will be paid off together with the principal at the last repayment.
Borrowing students who want to repay in advance can apply from June 5438+0 to June 5438+00 every month (except June 1 1 day), and the repayment date is the 20th of that month, without the approval of China Development Bank. However, in order to ensure the smooth deduction by the bank, the borrower had better deposit the loan principal and interest into the designated account before 15 of the current month. If the deduction is unsuccessful, the borrower will be regarded as giving up the application for prepayment.
How to repay the interest of student-origin loan?
Take Hunan College of Humanities and Science as an example.
Deposit the due loan principal or interest into the Alipay repayment account designated by the bank. Students need to pay interest every year from the year they graduate. The bank will make unified deduction at 65438 on February 20 every year, and deposit all the interest into the designated Alipay account before this date, and the repayment is successful.
If the loan principal expires, all the principal and interest will be deposited into the Alipay account designated by the bank before the expiration date of the loan contract, and the bank will deduct it uniformly on the expiration date of the loan contract. When using Alipay to repay the loan, you can first carry out Alipay real-name authentication and bind your personal mobile phone (convenient for mobile phone payment and mobile phone password retrieval, etc.). ), recharge the Alipay account in time, and check the repayment situation in time.
Extended data:
Normal (planned) contract payment, 1 times the annual payment of principal and interest, starting from 1 1, we should pay attention to students' online platform inquiry, and the total amount of principal and interest payable this year should be enough for the loan contract Alipay balance (unbalanced Po) to be active at the end of1,and/kloc-
According to the student loan policy, the interest of this loan is 65438 on February 20th every year (September 20th in the last year). The holiday has not been extended. Within two years after graduation, students should deposit the interest payable on the loan into the Alipay account registered when applying for the loan before 12+05 every year. The principal and interest shall be repaid by equal repayment, and the principal and interest shall be repaid together at the last repayment.
Students who wish to repay the loan in advance can apply from June 1 day to June1day (except June 1 1 day), and the repayment date is the 20th of each month, without the approval of China Development Bank. However, in order to ensure the smooth deduction by the bank, it is best for borrowing students to deposit the loan principal and interest into the designated account before 15 every month. If the deduction is unsuccessful, the borrower will give up the application for prepayment.