If the pledged loan is overdue and the extension is not approved, the lender will charge interest according to the loan contract on overdue loan interest from the overdue date. Loans overdue or overdue after the extension, if the borrower refuses to perform the repayment obligations, the lender has the right to dispose of the pledged financial assets to offset the loan principal and interest, penalty interest and other expenses according to the relevant laws and regulations, loan contract and pledge contract, and the lender will continue to recover the insufficient part from the borrower, and the resulting losses such as interest, income and exchange of financial assets will be borne by the borrower. If the funds in the account designated by the borrower are insufficient to repay the loan principal and interest, the lender may deduct them from the borrower's other accounts in China Bank, and the lender will continue to recover the insufficient funds from the borrower, and the borrower shall bear the losses of the principal and income of the wealth management products caused thereby.

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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