Legal basis: Article 16 of the Interim Measures for Loan Management of Rural Credit Cooperatives of China People's Bank shall repay the loan principal and interest in full and on time according to the loan contract. For overdue refinancing, the People's Bank of China may deduct the loan principal and interest from the borrower's reserve deposit account according to the loan contract, and charge interest according to the overdue loan interest rate.

If loans overdue is pledged, it may dispose of the securities as the loan right certificate according to law to repay the loan principal and interest. If the borrower borrows seasonal re-loans and fails to establish separate accounts according to the provisions of these Measures and not all of them are used to increase agricultural loans, the People's Bank of China may recover the re-loans in advance; If the circumstances are serious, the senior manager may be disqualified for a certain period of time until life.