The micro-loan products launched by the Postal Savings Bank are mainly aimed at the needs of farmers and small business owners for small and short-term liquidity. It is a key credit product launched by Postal Savings Bank. You can apply for a loan without mortgage or pledge. Then how to repay after applying for a small loan for postal savings? Let's get to know each other.

How to pay back the small loan of postal savings?

1 One-time repayment of principal and interest: that is, all the principal and interest of the loan will be repaid in one lump sum after the maturity of the small loan.

2 Matching principal and interest repayment method: it belongs to a method of repayment by installments, that is, it is evenly distributed according to the number of installments, and the monthly repayment interest remains unchanged, and the repayment principal will gradually increase.

3 installment repayment method: repay the loan interest only within the specified period, and then repay it in the form of equal principal and interest.

The above is the introduction of several repayment methods of postal savings micro-loans, hoping to help. When using bank loans, you must repay them on time to avoid adverse effects on personal credit information.