Lefenyi, a subsidiary of Agricultural Bank of China, is the most important credit product. As long as the requirements are met, the application can be successful, each bill is charged to a credit card, and early repayment is supported. So what's the interest rate for the easy installment of music? I believe this is the issue that everyone is most concerned about, so today we will briefly introduce it.

First, the installment fee of Lefenyi.

The loan period of Lefen Easy Loan is divided into six periods, 12 period, 24 periods, 36 periods, 48 periods and 60 periods. The benchmark interest rate is as follows:

For example, Xiao Wang applied for Lefenyi 10000 yuan and chose to divide it into 12 installments. According to the corresponding interest rate in the above table, the interest of each installment is 60 yuan, the repayment principal of each installment is RMB, and the total repayment amount of each installment is RMB.

Warm reminder: this form is for reference only, and the bank will make appropriate adjustments according to user qualifications and preferential policies.

Second, the calculation method of installment interest

Calculation formula of installment principal: installment principal payable in each installment = total installment principal ÷ number of installments.

1. There are two ways to charge the installment fee. One way is to collect it once, and the first installment will be included in the bill and repaid together. Another method is included in the repayment of each installment, and the total repayment amount of each installment = installment principal+installment handling fee. The expenses are rounded off and the difference is adjusted in the last installment.

2. Le Fenyi supports prepayment, just call the customer service of ABC directly, which can be divided into one-time prepayment and partial prepayment. For the specific rules, please see this article, the prepayment fee of Le Fenyi of Agricultural Bank of China.

To sum up, Le Fenyi is a credit card loan product, similar to credit card installment. The difference is that you can apply without a credit card, and the interest rate is similar to that of credit card loans. Little friends in need can try it.