Deduct from the provident fund account. Monthly repayment of provident fund loans can be deducted from the provident fund account, but it is necessary to handle the provident fund repayment business, and the deduction will be automatically made on the day of monthly repayment. In addition, you can deduct money from the savings account of the bank. The borrower needs to deposit the money into the opened savings card according to the principal and interest amount on the loan repayment schedule before the monthly repayment date, and the bank will automatically deduct the money on the repayment date. If the deposit is not made in time or the balance of the deposit is insufficient, the penalty interest rate will be calculated from 2 1 and a late fee will be charged. If the repayment of the provident fund is overdue by one day, the system will continue to deduct the amount until the amount payable in this period is fully deducted. Repayment of provident fund in loans overdue will not only record the overdue credit information at the meeting, but also generate additional overdue fees, so it is necessary for users to repay provident fund loans on time.