Yes.

With the consent of the lender, you can apply for an extension from the lender before the repayment period expires.

Loan means that banks, credit cooperatives and other institutions lend money to entities or individuals who use the money. Generally, interest and repayment dates are stipulated. In a broad sense, loan refers to the general term for loans, discounts, overdrafts and other lending funds. Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.