Repayment can be made in advance, but a part of liquidated damages (one or two years) will be charged for prepayment within the specified time. See the loan contract signed locally for details. 1. The matters that the borrower should pay attention to when handling the prepayment are as follows:

(1) In general, the borrower needs to apply to the loan bank for prepayment one month in advance.

(2) The repayment amount is an integral multiple of 10000 yuan.

(3) Provisions on liquidated damages.

At present, most banks stipulate that borrowers can only apply for early repayment after the loan term expires for one year, and no penalty is charged.

Therefore, please consult the loan bank for the provisions in Articles (1) and (3) before prepayment.

2. At the time agreed by the bank, the borrower shall go to the loan bank for prepayment with his ID card, property certificate (land certificate), loan contract and prepayment application form.