Le Fenyi is an installment payment service of Agricultural Bank of China, which cannot be withdrawn. Applicants need to submit relevant applications to the Agricultural Bank of China, and a certain installment amount will be determined after approval. When the credit card is charged by installment, the installment principal will be transferred to the special account of Lefenyi, instead of being directly withdrawn to the applicant's bank account. The maximum installment amount of Lefenyi is 300,000 yuan, and the optional installment period can be up to five years. Users need to repay the principal and interest according to the installment agreement every month to complete the installment payment.

What is music staging?

The number of phases of Lefenyi is very flexible, and you can choose 6, 12, 24, 36 and so on. The borrower can choose the number of installments suitable for him according to his actual situation and needs.

The handling fee rate corresponding to different periods is also different, and the borrower needs to consider the handling fee factor when choosing the number of periods.

Before using Lefenyi, borrowers need to bring their personal ID cards and agricultural bank cards to the outlets of Agricultural Bank of China and handle Lefenyi products at the counter. The Agricultural Bank of China will review the borrower's personal credit report and other relevant qualifications to determine whether to pass the application and issue loans.

If the borrower applies successfully, the installment principal will be transferred to the account designated by the borrower. The borrower can use this fund for designated daily consumption, but it cannot be used for cash withdrawal.