Can I get my car loan deposit back?

1. The car loan deposit is generally collected by the 4S shop that sells cars. As long as the insurance is renewed normally and on time, after the loan is settled, you can get a refund with the settlement certificate, repayment details or mortgage cancellation of the big account book. Some 4S stores will take the renewal deposit as the insurance premium for the last year, and it is better to refund more and make up less. It's better to buy insurance for yourself than never to return it.

2. How to refund the car loan deposit within the loan period? Before the car loan is settled, you should buy insurance from the designated insurance company according to the contract, including at least compulsory insurance, car damage insurance, theft insurance and third party liability insurance. That is to say, if you don't buy insurance from the established insurance company according to the requirements of the guarantee company, or if you don't buy insurance through the people of the guarantee company, and it is less than the above types of insurance, the "renewal premium" is basically hopeless;

3. Within the repayment period of the auto loan, if the repayment is overdue for more than three times, the performance bond will not be refunded.

Will loans overdue seize the money?

When applying for a car loan, the borrower and the borrower will sign a legal and effective loan contract. There will be clear provisions in the contract on the handling of overdue deposits. After the borrower handles the car loan, such as loans overdue, the down payment will be handled according to the regulations, subject to the actual agreement in the contract.

Editor's Note: How to refund the car loan deposit is very simple, but whether it can be refunded or not requires the owner to be cautious when signing the loan contract. Be sure to read the relevant matters carefully before signing, and remember not to overdue repayment. The state is still formulating a series of regulatory measures to safeguard the legitimate rights and interests of consumers. In addition to car loans, if you need to know more about loan products, choose a product that suits you.

Hello, I'd like to ask if it's been a year since the car loan was repaid, and I just remembered the deposit. Where can I get my money back?

The deposit is generally frozen in the car loan card, and there are two ways to refund the deposit:

1. Make up all insurances (the loan term should be insured in March, n years), and the insurances should cover car damage insurance, theft rescue insurance and third party liability insurance (not less than 1 10,000), and these three types of insurance are not deductible;

2. The loan will be returned after settlement, and the general account will be automatically unfrozen after settlement.

Tips: The above contents are for reference only. Please consult the corresponding loan bank for details.

Response time: 2021-11-0/. Please refer to the latest business changes announced by Ping An Bank in official website.

How to refund the deposit of FAW Financial Loan?

The auto insurance deposit can be refunded when it expires, but not before it expires.

Usually, if the borrower pays off the car loan normally according to the contract, the deposit can be refunded and can be handled directly in the 4S shop.

However, there are also many auto 4S shops looking for contract loopholes, thinking that if they don't buy auto insurance at the designated place, or don't repay the loan on time, they won't directly refund the deposit.

Insurance protection fund refers to the reserve specially drawn from the year-end balance in order to have enough ability to deal with the huge claims that may occur.

According to the provisions in the appendix of the Guidelines for the Application of Accounting Standards for Enterprises-Accounting Subjects and Treatment of Main Accounts, when an insurance company pays the insurance protection fund to the China Insurance Regulatory Commission, it debits the account of "other payables-insurance protection fund" and credits the account of "bank deposit".

According to the relevant regulations of the state, an insurance company shall pay the insurance protection fund to the special account of the insurance protection fund of the China Insurance Regulatory Commission in full and on time, but under any of the following circumstances, the payment of the insurance protection fund may be suspended: the balance of the insurance protection fund of property insurance companies, comprehensive reinsurance companies and property reinsurance companies reaches 6% of the company's total assets; The balance of insurance guarantee funds of life insurance companies, health insurance companies and life reinsurance companies reached 1% of the total assets of the companies.

An insurance company shall pay the insurance protection fund annually and pay in advance quarterly.

How to refund the deposit after paying off the car loan?

If you have applied for a personal car loan in China Bank, after you have paid it off, you need to inquire about the process of refunding the deposit from the staff of the loan business outlets in detail due to the differences in different places.

The above contents are for your reference. Please refer to the actual business regulations.