If the loan term is within 1 year (inclusive), the loan principal can be repaid in one lump sum when the monthly interest settlement expires. If the loan term exceeds 1 year, it can be repaid by installments, and the principal of not less than 5% of the loan amount must be repaid every six months.

The common repayment methods of loans are equal principal and interest and average capital method. When applying for a loan and signing a loan contract, you can choose your own repayment method to repay. Loan repayment. Loan repayment, "equal principal and interest, average capital, interest first, principal later, and loan repayment" are common repayment methods in loans.