Agricultural Bank of China has branches all over the country. Many people have applied for the mortgage of Agricultural Bank of China, and they all know that they have to repay on time. However, some people obviously deposited money into their accounts on the repayment date, and as a result, the bank did not deduct the money, which made them overdue. This is largely because the deposit is too late, exceeding the deduction time of China Agricultural Bank. Then, when will the repayment date of ABC mortgage be deducted? Let's have a look.

After handling the mortgage business of ABC, ABC will ask the lender to provide an ABC bank card as a repayment card, and will deduct money from the repayment card account every repayment day to recover the loan. Therefore, the lender must deposit enough funds in the repayment card deducted by the Agricultural Bank of China to repay the principal and interest of the current loan.

As for when the Agricultural Bank of China will deduct money on the mortgage repayment date, this is not clearly stated.

In order to avoid the failure of deduction or the inability of the bank to deduct money, the lender had better ensure that the repayment amount reaches the account before the agreed repayment date 17: 00. Therefore, we can see that China Agricultural Bank will deduct money after 17: 00.

Many people may ask, if you deposit money in your card after 17: 00, will ABC really not deduct money? Actually, it is not. As long as your current loan is not paid off, ABC will always deduct money from your account, but there is no guarantee that it will be overdue.

According to many friends' feedback, the Agricultural Bank of China will not deduct money after the repayment date 10: 00. Therefore, if the deposit time exceeds 10: 00 at night, the risk of overdue will be great.

If the deduction fails on the repayment date, the system will continue to deduct as much as possible at the end of the next day. However, because the mortgage has no grace period, it will be overdue if it is deducted one day later, and it will take five years to eliminate the bad credit record even after repayment.