You can repay in advance by going to ICBC one month in advance according to bank regulations; If it is less than three years, it will be punished for three months, and if it is more than three years, it will not be punished.

According to the regulations of the bank, those who repay the loan in advance should submit a written application and agree on the repayment date. Then, according to the agreed date, bring your ID card and the loan contract signed with the bank to the bank to fill in the loan repayment application form and prepayment agreement, and deposit the money to be repaid into your account for withholding the loan principal and interest according to the requirements of the bank. You will be fined a penalty interest for 3 months every year, and there will be no penalty interest for 3 years.

Extended content:

1. When the borrower repays all the loans in the home insurance contract in advance, he can return the premium paid in advance to the insurance company on a monthly basis with the original insurance policy and the proof of paying off the loan in advance, which must be based on the actual term of the original house purchase premium (the insurance period of the forward house for more than half a year is generally calculated by subtracting 1 year from the loan term), the discount rate of the original one-time premium payment, the quick calculation coefficient and other factors, and its calculation formula is: repayment.

2. Early repayment refers to the part paid by the borrower that exceeds the monthly principal and interest payment. The prepayment without fully paying off the mortgage loan is called partial prepayment. Through contractual arrangements, it is forbidden to repay in advance within the agreed time limit, which is called lock-up period. The lock-up period is 2- 10 years. After the lock-up period, the guarantee of early repayment usually adopts other methods, such as deducting points for early repayment or