If you apply for a loan at China Merchants Bank, after the People's Bank of China adjusts the loan interest rate, the bank will adjust it according to the loan interest rate adjustment method agreed upon when you applied for the loan. The most commonly used interest rate adjustment method currently is "sub-period adjustment." ” and “Fixed Day Adjustment.”

The "second period adjustment" method is that when a new interest rate appears, interest will still be calculated based on the original interest rate for the current period. Starting from the next period, the system will adjust the interest rate and recalculate the installment amount, that is, the new interest rate will be calculated in the next period. The "fixed day adjustment" method will be adjusted uniformly on January 1st of each year according to the listed interest rate on that day. The old interest rate will still be used for calculations before January 1st, and the new interest rate will be used for calculations after January 1st. and recalculate the installment amount.

If you are not clear about your interest rate adjustment method, you can call 95555-2-1-4 to enter manual inquiry. (Telephone manual service hours: 8:30-18:00)