Yes, deposit the money into the bank card to repay in advance, and the bank will automatically deduct the mortgage.
Repay on time every month to avoid penalty interest.
For the borrower, once a loan contract is signed with the bank, you should deposit the first repayment in full into your designated repayment account for bank deduction within one month after signing the contract, because from the month after the loan is issued, you will enter the repayment period, and you should entrust the loan bank to automatically deduct the payment from your deposit account or credit card account on the repayment date agreed every month.
For borrowers, before the agreed repayment date every month, they should pay attention to whether there are enough funds in their repayment accounts to prevent default from being punished by banks due to their negligence.
Extended data
Repayment method
(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;
(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;
(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;
(4) Repaying part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, and the general amount is an integer multiple of 1 1,000 or 1 1,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.
(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.