The process of early repayment is as follows:

First of all, you must read clearly the regulations on early repayment in the loan contract you signed. Pay special attention to whether early repayment requires a certain percentage of default payment. gold.

The second is to call the personal loan center of the lending bank to learn about the relevant information about early repayment of the loan. Contact the salesperson or account manager who handles the loan to inquire whether early repayment of the loan is possible and whether early repayment is necessary. reserve.

It should be noted that some banks' departments that handle early loan repayment are not in the same location as the bank branches, so you must ask clearly before setting off, and you must also clarify the materials you need to bring with you to handle early loan repayment.

The third step is to make an appointment. In order to ensure orderly business operations, most banks require customers to make an appointment in advance, and the time and procedures required for each branch are different. The way to make an appointment is to call or go directly. Prepayment enforcement department.

The fourth step is to fill in the early repayment application form and submit relevant documents. Documents generally include ID cards, loan contracts originally signed with banks, etc.

The fifth step is for the borrower to deposit the early repayment amount, and the bank can deduct it from the loan principal. The operation can be completed in a short time.

Each bank has no limit on the number of early repayments of mortgage loans. You can repay the entire loan at once or partially repay the loan. It’s just that the starting amount for each loan repayment varies from bank to bank. Some stipulate that it is 10,000 yuan or multiples of 10,000 yuan. Some banks stipulate that you can partially repay the loan in advance for more than 1,000 yuan. Before repaying the loan in advance, you must apply for Check with your bank for details.

It is worth mentioning that the "Early Repayment Application Form" is irrevocable once confirmed by the borrower's bank, and serves as a supplementary clause in the loan contract and has the same legal effect as the loan contract. If the loan buyer fails to repay in advance according to the date and amount specified in the early repayment application issued to the borrower's bank for any reason, it will be deemed as overdue repayment, and the loan buyer shall bear the corresponding liability for breach of contract according to the loan contract. .