Mortgage loans are usually deducted during holidays, and any form of housing loan support provided by banks and other financial institutions to buyers usually takes the purchased houses as collateral. According to the source of loan funds, it is divided into provident fund loans and commercial loans.

Deposit the monthly payment in full into the debit card current account before the deduction date, and wait for the system to automatically deduct it. The system will deduct it twice in the morning and afternoon (weekends and holidays are not affected).

If it is a personal housing loan of China Merchants Bank, it will be deducted normally on holidays. China Merchants Bank will initiate two batch debits on the day of loan deduction (weekends and holidays will not be affected), and the specific time of debiting to your account cannot be determined. It is recommended that you deposit enough money into the debit card current account at the latest before noon on the day of deduction 12, so as not to affect the deduction (note: it is impossible to apply for extending the deduction time).

Personal housing commercial loans can be roughly divided into six categories:

(1) Personal housing loan (including forward house and existing house);

(2) Personal second-hand housing loans;

(3) individual housing renovation loans;

(4) Personal housing consumption loans;

(five) personal commercial housing loans;

(6) individual housing portfolio loans;

Housing loan (provident fund loan) application conditions:

(1) has valid identification;

(2) Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

(3) Persons who participate in the housing provident fund system must also meet the following conditions when applying for housing provident fund personal housing loans: that is, the housing provident fund has been continuously paid for at least 6 months before applying for loans. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing housing loans.

(4) One of the husband and wife has applied for housing provident fund loans, and neither husband nor wife can obtain housing provident fund loans again before paying off the principal and interest of the loans. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.