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How to calculate the interest of Bank of China E loan in China Bank?
The interest rate of BOC e-loan is the annual interest rate. The specific interest calculation of each loan is based on the loan balance, loan days and daily interest rate (the annual interest rate shown to you is /360).

For example, the loan balance is 6,543,800 yuan (annual interest rate is 6%), and the monthly interest = 100000 (loan balance) *30 (actual days) *6%/360 (daily interest rate) =500 yuan.

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.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.