Is the repayment of portfolio loan separate?
Portfolio loans are repaid separately, with different repayment methods. Commercial loans are repaid by bank cards. If a bank card is associated, it will be directly deducted from the bank card, and the repayment of provident fund loans will be directly deducted from the provident fund account. If the account balance is insufficient, it will be deducted from your bank card.
When the portfolio loan is repaid, the monthly payment is calculated separately, that is, the monthly payment of the commercial loan part and the provident fund loan part is calculated separately and combined together as the amount that the borrower should repay in the current month. Therefore, there is no repayment order for portfolio loans.
Generally speaking, in the repayment of portfolio loans, borrowers should ensure that the repayment accounts of commercial loans and provident fund loans have sufficient funds to avoid overdue due to the failure of deduction.