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What is the automatic deduction of meager profit loans showing Shenzhen Bank?
The reason why the automatic deduction of micro-loans is displayed as Shenzhen Bank is as follows.

Micro-loans can be associated with contracted banks, and micro-loans can be associated with Shenzhen Qianhai Weizhong Bank Co., Ltd.

In order to prevent most borrowers from forgetting to repay, many online loan products support automatic deduction.

By default, the repayment function of micro-loan is automatically enabled, and it will be automatically deducted from the payee's bank card from the early morning of the repayment date.

If the automatic deduction fails, it is recommended to use manual repayment, log in to WeChat-My, select a wallet, and click on micro-loan to borrow money to settle all repayments.