Usually there will be a repayment period after the loan comes down. For borrowers, it is necessary to seriously consider the monthly repayment amount at this time to avoid the pressure brought by future repayment. The repayment period of bank loans is generally one year, and some of them can be repaid within two years, so it can be said that everything is a problem after the loan comes down. Here, Bian Xiao suggested that if you want to repay in advance, you can ask the bank one month in advance and make it clear how long it will take. The repayment period of commercial loans is generally three years, while the repayment period of provident fund loans is generally within one year. In this case, we can successfully know the current repayment situation in advance during the repayment period, so as to be aware of it. Today, Bian Xiao will take you to understand the above contents and let everyone know.
What is the latest repayment time limit of personal commercial loan of China Bank?
Latest repayment time of personal commercial loan of China Bank:
At the latest, deposit the money into the repayment account before the end of the bank business on the repayment date, so as to ensure that the money can be deducted.
Note: For the personal housing loan of China Bank, you only need to deposit enough funds before 24: 00 on the loan deduction date, which will not be overdue and will not affect the credit investigation.
The above contents are for your reference. Please refer to the actual business regulations.
How long does it usually take to repay the bank loan?
Generally, the longest bank loan is 3 years and the longest mortgage is 30 years.
Matters needing attention related to mortgage loan
1. The loan amount is determined according to the borrower's personality, occupation, education level, repayment ability and the liquidity of the purchased house. The loan term is generally less than 30 years, and the maturity date of the loan cannot exceed the borrower's 65 years of age in principle.
2. The loan interest rate shall be subject to the provisions of the People's Bank of China. In case of legal interest rate adjustment, if the term is less than 1 year, the contract interest rate will be implemented and interest will not be calculated by installments; If the term exceeds 1 year, the new interest rate will be implemented at the beginning of the following year.
3. The borrower shall repay the loan principal and interest according to the repayment method and repayment plan agreed in this contract. If the loan term is within 1 year (including 1 year), the interest shall be paid quarterly and the principal and interest shall be settled at maturity; If the loan term exceeds 1 year, the principal and interest of the loan shall be repaid in monthly installments.
Extended data:
Bank loan is an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply.
Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans mostly take the form of discounted bills, credit accounts and overdraft accounts.
What is the longest repayment period of personal revolving loan of personal online banking in China Bank?
Term of personal revolving loan for personal online banking of Bank of China:
The shortest term is 1 month, and the longest is no more than one year, and it shall not exceed the remaining term of revolving loan line with personal mortgage (pledge) and revolving loan line without personal mortgage (pledge). Due to the differences in business in individual regions, please enter BOC online customer service manual service or call BOC customer service hotline 95566 for manual consultation, or contact the nearest BOC outlet for consultation.
The above contents are for your reference. Please refer to the actual business regulations.