"Batch interest settlement" is based on the principle of voluntariness. Lenders are allowed to open a current account with a small deposit in this credit union and deposit an appropriate amount of cash, and then provide this deposit account number and loan voucher (credit card) to the relevant loan officers, who will handle the loan interest settlement procedures for them every time. When the loan officer goes to the countryside, he will give me the receipt of interest settlement by the way, and both parties will check and sign it together. ?
Extended data:
Interest accrual means that the bank calculates the loan interest receivable from customers in a certain period according to the accrual principle, which reflects the bank's loan interest income and has nothing to do with the customer account.
Loans are issued by borrowers who open deposit accounts, and interest is automatically settled on the 20th of each month, so it is meaningless to settle interest in batches, so banks don't need to settle interest in batches now.