1. First, the borrower should check the requirements for early repayment in the loan contract and pay attention to whether it is necessary to pay liquidated damages for early repayment;
2. Then call the loan bank to inquire about the application time and required materials for prepayment;
3. According to the requirements of the loan bank, submit an application for prepayment to the relevant departments;
4. The borrower also needs to bring relevant information to the loan bank for prepayment procedures;
5. Advance repayment should also be deposited into the repayment account, deducted by the bank, or directly brought with cash to the loan bank for repayment.
The advance payment of each bank is different.
Because different banks have different regulations, which are embodied in the following aspects:
1, the handling process is different.
Each bank's business has its own characteristics, and the procedures and processes for prepayment are different. Generally, you need to call the bank for consultation, and the order of filling in the form and approval will be different, mainly in two categories.
(1) Make an appointment by phone before filling out the form.
For example, in most branches of Industrial and Commercial Bank of China and Bank of Beijing, borrowers can first agree with the bank on a repayment date, that is, at a specified time, and then go to the bank to fill out an application form for prepayment of personal housing loans.
(2) Fill in the form before approval.
In fact, some banks need to fill out an application form for prepayment of individual housing loans. For example, China Construction Bank needs the approval of relevant banking departments before the borrower can repay the loan.
2. The treatment cycle is different.
Most banks need borrowers to make an appointment for repayment one week in advance, and branches of individual banks may need to make an appointment three months in advance.
3. The collection of liquidated damages is different.
Most banks do not need to pay liquidated damages for prepayment, but some banks will determine the proportion of liquidated damages according to the repayment time. For example, the Bank of China requires a penalty interest of three months for mortgage loans of less than one year, two months for mortgage loans of more than one year and less than two years, and one month for mortgage loans of more than two years and less than three years, mainly subject to the signed contract. Buyers who want to repay in advance must carefully read the provisions on liquidated damages in the purchase contract and loan-related contracts, and go to the bank's outlets for manual consultation when necessary.
4. The time required for prepayment is different with different deduction time.
In fact, each branch will have different requirements. Generally, the bank will call after the appointment is approved.
II. The lender's credit union loan of 6,543,800+0.3 million cannot be repaid. Will the guarantor's pension be deducted?
If the lender fails to repay the loan of 6,543,800+0.3 million, the guarantor's pension will be deducted. The loan of rural credit cooperatives refers to the behavior that natural persons or legal persons obtain funds from rural credit cooperatives in accordance with the prescribed conditions and procedures, and agree on the amount, term and interest rate, and repay the principal and interest of the loan at maturity.
If the loan is not repaid, the bank can deduct the old-age insurance. According to Article 243rd of the Civil Procedure Law of People's Republic of China (PRC), if the person subjected to execution fails to perform his legal obligations according to the notice of execution, the people have the right to detain and withdraw the income from which the person subjected to execution should perform his obligations. However, the necessary living expenses of the person subjected to execution and his dependents shall be retained.
Loan characteristics
The characteristics of credit cooperative loans Credit cooperatives operate loans, and their business processes and technical operations are basically the same as those of national specialized banks. However, due to the nature, status and role of credit cooperatives and the specific operation of loans, they have their own characteristics:
(a) the loan target involves rural areas, including:
1. Contractors and business units engaged in agriculture, forestry, animal husbandry, fishery and other industries.
2 approved by the relevant departments to implement independent accounting of villages and towns (in the form of joint ventures or new economic complexes.
3. There are rural cultural, educational, health and scientific research institutions that guarantee operating income and repayment.
4 rural individual economic households and economic associations engaged in handicrafts, commerce, transportation, construction and service industries with the approval of relevant departments. In addition, credit cooperatives with strong financial strength can also cross-issue loans to enterprises and institutions nationwide. Of course, because the nature of credit cooperatives determines their loan production, others can only do what they can on the premise of meeting the demand for agricultural production funds.
(2) Flexibility of loan operation: under the guidance of the policies, decrees and plans of the Party and the state, credit cooperatives independently operate credit business according to the principle of proportional operation, give full play to the role of private lending, and induce the rational flow of rural funds.
1. Flexibility of loan scope and use.
The purpose and scope of credit cooperatives' loans are to determine the "order of use of funds" under the premise of ensuring the funds needed for agricultural production, according to the national industrial policy and their own financial strength, that is, it is possible for township enterprises, individual industrial and commercial households, members' lives and other industrial and commercial strength, so long as the national policies and decrees allow production and operation, lenders and credit cooperatives can provide loan support.
2. Have the funds to live.
Credit cooperative loans, in line with national policies, decrees and loan principles, under the condition of ensuring economic benefits and timely recovery, for working capital loans that use the proportion of customers' own funds, as long as the proportion of working capital is not less than 30% according to the enterprise quota; Fixed capital loans, calculated according to the total investment of the project, the proportion of self-owned funds is not less than 50%. For agricultural development projects, the above two ratios can be appropriately reduced. In terms of loan term, it can be long or short, and the working capital loan is limited to a gold loan of no more than 8 years.
3. Appropriate and flexible recovery in the loan procedure ".
4. Flexible determination of loan interest rate
The loan interest rate of credit cooperatives is floating, that is, in the People's Bank of China, the credit cooperatives decide whether to float or not and how much to float according to the principle of capital preservation and meager profit, the size of economic benefits, the length of the term and the quality of credit. The current policy stipulates that the floating interest rate of various loans of credit cooperatives shall not exceed 60% of the benchmark interest rate of banks of the same grade.
(III) Investment in Regional Loans Since credit cooperatives are cooperative financial organizations established by farmers and rural collective economic organizations in a certain region with voluntary shares, the scope of organizational affairs must ensure the capital needs of farmers' production and life in this region and support the economic development in this region. In addition, as a special form of sports, it is a process of social capital redistribution and a loan activity of credit cooperatives under a certain interest rate and repayment period. Therefore, it is bound to be restricted by local economic conditions, financial strength, management level and even cultural quality, which makes the movement of loan funds of credit cooperatives have obvious regional characteristics.
Credit cooperatives, if they have enough funds, can borrow funds in various forms from outside the district or even from cities. But after all, it first ensures the financial needs of economic development in this region. Of course, with the development of commodity economy and horizontal joint economy, the strength of credit funds of credit cooperatives will continue to increase, and the regional nature of credit cooperatives' loans will gradually fade or even disappear.
3. Do credit cooperatives need to explain repayment items to lenders?
If this is a loan, it is necessary to explain the repayment to the lender, because this is the obligation to inform.
Four. Relevant provisions on repayment of loans due by credit cooperatives? Go, go, go! ! !
Spread out completely
This is necessary. The bank doesn't care about your father's death. They only care about paying back the money you owe him as soon as possible. Since the Finance Bureau of the guaranteed bank must act in accordance with the agreement signed at that time, it is estimated that the guarantor's salary will be deducted. Banks have always been the most ruthless.