Description:

1. According to the relevant regulations and experience of Jiangsu Bank, e-loan is a loan product with daily interest and monthly principal and interest repayment. Under normal circumstances, the monthly repayment cycle will only be deducted once a day.

2. This kind of loan product usually adopts the repayment method of equal principal and interest, that is, the repayment amount in each repayment period is fixed, including principal and interest. Therefore, it is not common to make multiple deductions in one day.

3. Jiangsu Bank will provide repayment plan and details, which will list the repayment date and amount in each repayment cycle in detail, and customers can arrange funds reasonably according to the plan to ensure the timely repayment of loans.

This is the general answer. The specific repayment frequency may be affected by personal loan agreements and contracts, so the repayment frequency may be different under special circumstances.

Summary:

Jiangsu Bank will only deduct money once a day when using e-loan, which is a routine practice based on the characteristics of loan products and relevant regulations. Customers can refer to the repayment plan, plan funds rationally, ensure timely repayment, and avoid overdue fees and credit risks.

Extended data:

Jiangsu Bank's e-loan is a consumer credit product launched by Jiangsu Bank, which can meet individual short-term capital needs. The product is flexible and convenient, and the loan amount and term depend on the customer's needs. E-loan usually adopts online application and approval, so as to lend money quickly and facilitate customers to get financial support in an emergency. The repayment method is flexible. You can choose different repayment methods such as equal principal and interest or average capital. The detailed repayment plan and details will be clearly stipulated in the loan contract.