This should be discussed in different situations. Under normal circumstances, if there is no agreement, the principal and interest of repayment will be deducted from the bank loan on 2 1 day of each month. If there is an agreement, it depends on the bank contract, which is divided into monthly repayment, quarterly repayment, semi-annual repayment and one-time repayment of principal and interest, all of which are deducted on the agreed repayment date.

Daily repayment refers to the repayment of principal and interest on the day of the next month corresponding to the lending date, and monthly fixed repayment refers to the repayment of current principal and interest.