With the loan, it also means that the customer can withdraw it at any time after obtaining the credit line, and calculate the interest after lending; You can return it at any time after lending it out. You can pick it up within the time limit after returning it. For example, the credit line is 654.38+00,000, and the term is three years. You can withdraw money at any time within three years, as long as it does not exceed 654.38+00,000; You can always return it after you take it.

In addition, there are many repayment methods, such as:

1. Equal principal and interest repayment method: repay the loan principal and interest in equal amount every month within the loan term;

2. Repayment of principal and interest by installments: within a certain grace period, only the loan interest is repaid, but not the principal. After the grace period, the loan will be repaid according to the repayment of principal and interest by installments;

3. One-time repayment of principal and interest: one-time repayment of loan principal and interest at maturity;

4. Pay interest monthly (quarterly) and repay the principal in one lump sum: repay the loan interest monthly (quarterly) and repay the loan principal in one lump sum within the loan term.

Extended knowledge "Loan repayment" refers to the products that customers who have obtained personal revolving credit line of China Merchants Bank and signed relevant agreements borrow or repay by themselves through electronic channels such as online banking or telephone banking of China Merchants Bank, including three functions pioneered in China: self-help borrowing, self-help prepayment and automatic prepayment.

There is no fixed repayment plan with the loan, and the amount can be restored after the loan is repaid.