If the loan term is within 1 year (including 1 year), the principal and interest of the loan shall be repaid monthly (quarterly) in principle. For high-quality customers, the loan principal and interest can be repaid in one lump sum, and the loan amount is not higher than 60% of the car price.

If the loan term exceeds 65,438+0 years, the principal and interest of the loan will be repaid on a monthly (quarterly) basis. The specific repayment methods can be equal principal and interest repayment method and average capital repayment method.

China Bank adopts the repayment method of monthly average principal/equal principal and interest for personal consumption car loans.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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