1, repayment method of equal principal and interest.

2. Average capital repayment method (diminishing repayment method).

3. The agreed repayment method must pay interest on a monthly or quarterly basis, and the lag of repayment period shall not exceed two years.

4. According to the product cooperation agreement signed with China Bank, the partner opened a special settlement account in China Bank to collect the repayment amount of the borrower, and authorized China Bank to automatically deduct the loan principal and interest from the settlement account on the loan repayment date.

If the balance of the repayment account of the partner is insufficient, the loan handling bank of Bank of China may notify the partner by telephone, fax or official letter. At the same time, do a good job of collecting records. If the time limit specified in the dunning notice is exceeded, the loan handling bank shall immediately require the partner to purchase the corresponding loan in accordance with the product cooperation agreement.

(Answer time: August 9, 2023)

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

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