According to the loan contract signed by the loan bank and the borrower, the borrower should repay the loan on a monthly basis in the month after the loan is issued. There are two specific ways, the borrower can choose.

Go to the loan bank on June 1-20 every month to repay the loan principal and interest in cash.

The entrusted loan bank deducts money. The borrower signs a withholding repayment agreement with the loan bank and handles a personal repayment savings card.

The borrower can deposit the repayment amount for several months at one time, or deposit the full repayment amount in the nearest bank savings office before the 20th of each month, and the bank will directly deduct the loan principal and interest from the borrower's savings account.

The borrower can repay all the loan principal and interest in advance at one time, or repay part of the loan principal in advance:

Repay all the loan principal and interest in advance, and the loan bank will re-approve the remaining loan principal and interest of the borrower according to the actual number of days of loan occupation.

Repay part of the loan principal and interest in advance, and the loan bank recalculates the borrower's monthly repayment amount or loan term according to the remaining loan principal.