The provisions and methods for calculating the interest of bank deposits and loans are as follows: the interest is calculated quarterly for deposit accounts of enterprises and loan accounts in the form of regular adjustment and lending, and the interest-bearing date is the 20th of each quarter; For the loan accounts of industrial and commercial enterprises that implement the transaction-by-transaction nuclear loan method, interest shall be calculated quarterly or according to the loan recovery date, and the interest-bearing date of quarterly interest shall be the 20th day of each quarter; When the company cancels the account or transfers money, it shall bear interest at any time when it cancels the account. The calculation formula of deposit and loan interest of the Bank is as follows:

Principal × Term × Interest Rate = Interest

Cumulative interest-bearing products × daily interest rate = interest

Interest principal × term = interest product

Daily interest rate = monthly interest rate ÷30

Or = annual interest rate ÷360

Monthly interest rate = annual interest rate12

The interest period is "beginning but not ending", that is, the deposit is calculated from the date of deposit to the day before payment; The loan is calculated from the date of borrowing to the day before repayment, and the interest is calculated according to the actual deposit or loan days.

For deposits and loans with interest on a case-by-case basis, the interest-bearing period shall be calculated on a monthly full moon basis; If there are whole months and odd days, they can be converted into whole days; Regardless of the size of the full moon, it is calculated as 30 days; Insufficient days calculated by actual days.

For demand deposits and loans, interest is calculated according to the actual number of days of deposits or loans. If the bank's interest rate is adjusted, the deposit and loan interest will be calculated by stages, and the bank will calculate it separately according to each term and interest rate, and then add it up.