It usually takes about half a month to release a bank loan. First, the bank evaluates and signs the loan, which takes three to five working days, and then makes an appointment for decompression and cancellation, which takes about half a month.

When applying for a bank loan release, an individual generally needs to bring the information provided by the bank after repaying the loan, including a copy of the bank's business license, a copy of the legal person, a copy of the client, and other certificates of rights. After waiting for the documents and mortgage materials such as real estate certificate, go to the trading center to complete the cancellation procedures.

Extended information:

If the settlement is normal, as long as you deposit the money into the designated bank card as required before, the bank will automatically debit it.

If it is settled in advance, you need to contact the bank staff to help you with the deduction. Inform the other party that you want to repay the loan in advance, and deposit the remaining principal and remaining interest for the month into the designated bank card, and the bank will manually debit it for you. Some banks now allow you to perform early repayment operations on your mobile phone.

Whether it is a normal settlement or an early settlement, you need to keep the settlement certificate after settlement, and go to the real estate registration center with bank staff to unpack the house. The account manager will provide you with the specific procedures. You just need to go to the real estate registration center to complete the procedures according to the account manager's requirements.

At that time, you will be able to get the property that is not mortgaged. At this time, it is possible to buy, sell or remortgage your house.