Bank loans allow you to repay part of the principal in advance. Different banks have different regulations. Please consult the bank for specific matters.

Bank loan refers to an economic behavior in which a bank lends funds to those in need of funds at a certain interest rate in accordance with national policies and agrees to return the funds within an agreed period. Generally, you are required to provide a guarantee, a house mortgage, or proof of income, and have a good personal credit report before you can apply.

Moreover, in different countries and in different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, project loans, etc., while industrial and commercial loans in the United Kingdom mostly take the form of bill discounts, credit accounts, and overdraft accounts.

Repayment procedures:

1. Submit a written application for early repayment to the lending bank in advance.

2. The borrower brings his or her ID card and repayment card to the bank.

3. Fill out and submit the "Early Repayment Application Form" and deposit the early repayment amount at the counter. The repayment period can be determined according to personal circumstances, and the monthly repayment amount will be adjusted according to the repayment period.

When hearing loan cases, the people's courts should follow the principles of voluntariness, mutual benefit, fairness and legality, protect the legitimate rights and interests of creditors and debtors, and limit high interest rates. Based on practical trial experience, the following opinions are hereby put forward for reference when hearing such cases.

1. Loan disputes between citizens, loan disputes between citizens and legal persons, and loan disputes between citizens and other organizations should be accepted as loan cases.

2. Any disputes arising from the borrowing of foreign currencies, Taiwan dollars, treasury bills and other securities brought to court shall be handled as loan cases.

3. If the creditor applies for a payment order when the loan relationship is clear, the people's court shall review and accept the application in accordance with the relevant provisions of the Civil Procedure Law on supervision procedures.

4. When the People's Court examines the prosecution of a loan case, according to the provisions of Article 108 of the Civil Procedure Law, it shall require the plaintiff to provide a written IOU; if there is no written IOU, it shall provide the necessary factual basis. It is ruled that prosecutions that do not meet the above conditions will not be accepted.

5. If the debtor's whereabouts are unknown when the creditor files a lawsuit, the court at the debtor's original domicile or the location of his property shall have jurisdiction. The court should require the creditor to provide evidence proving the existence of the loan relationship. After accepting the application, the court shall announce a summons to the debtor to respond. If the notice period expires and the debtor still does not respond, if the loan relationship is clear, a default judgment may be made after trial; if the loan relationship cannot be ascertained, the court shall make a ruling. Suspension of proceedings.

During the trial, the debtor runs away and his whereabouts are unknown, and if the loan relationship is clear, a default judgment may be made; if the facts are difficult to ascertain, the lawsuit shall be ordered to be suspended.

6. The interest rate for private borrowing can be appropriately higher than the interest rate of banks. The people's courts in various places can determine the specific situation according to the actual situation of the region, but the maximum cannot exceed four times the interest rate of similar loans from banks (including the principal amount of interest rate). ). If this limit is exceeded, the excess interest will not be protected.

7. Lenders are not allowed to include interest in the principal to seek high profits. During the trial, it is found that if the creditor includes interest in the calculation of compound interest by the Association, and its interest rate exceeds the limit stipulated in Article 6, the excess interest will not be protected.

8. If there is a dispute between the borrower and the lender as to whether there is an agreed interest rate and it cannot be proven, the interest can be calculated with reference to the bank's similar loan interest rate.

If the borrower and the lender have a dispute over the agreed interest rate and cannot prove it, the interest may be calculated with reference to Article 6 of these Opinions.

9. For regular interest-free loans between citizens, the lender requires the borrower to pay overdue interest, or if an irregular interest-free loan fails to be repaid after a reminder, and the lender requires repayment of interest after the reminder, please refer to the bank's Interest rates are calculated on similar loans.

10. The loan relationship formed by one party using fraud, coercion or other means or taking advantage of others' danger to cause the other party to violate its true intention shall be deemed invalid. If the invalidity of the loan relationship is caused by the creditor's behavior, only the principal will be returned; if the invalidity of the loan relationship is caused by the debtor's behavior, in addition to the return of the principal, interest should also be paid based on the bank's similar loan interest rate.

11. If the lender knows that the borrower borrows money for illegal activities, the lending relationship will not be protected.

Illegal lending activities by both parties may be dealt with in accordance with paragraph 3 of Article 134 of the General Principles of the Civil Law and the "Opinions on Several Issues Concerning the Implementation of the General Principles of the People's Republic of China and the Civil Law (Trial)" (hereinafter referred to as the "Opinions" "(Trial)) shall be sanctioned in accordance with Articles 163 and 164.

12. If there is a dispute between citizens over borrowing foreign currencies or Taiwan dollars, and the lender requires repayment in the same currency, it may be allowed. If the borrower does not have the same currency, it can repay in RMB according to the local foreign exchange adjustment price at the time of repayment. If the lender requires repayment of interest, the interest may be calculated with reference to the Bank of China's foreign currency savings interest rate at the time of repayment.

Disputes arising from borrowing foreign exchange certificates shall be handled in accordance with the above principles.

13. In a lending relationship, a person who only serves as a contact or introduction does not bear the responsibility for guarantee. If a person truly expresses his intention to guarantee the performance of the debt, he shall be deemed as the guarantor and bear the guarantee liability.

14. If the actor issues an IOU in the name of the borrower to borrow money on his behalf, and the borrower does not acknowledge it and the actor cannot prove it, the actor shall bear civil liability.

15. During the period of partnership operation, if an individual borrows money in the name of a partnership organization and uses it for partnership operation, it shall be repaid jointly by the partners; if the borrower cannot prove that the loan is used for partnership operation, the borrower shall people repay.

16. After the loan debt with a guarantor matures, if the debtor is able to repay, the debtor shall bear the responsibility; if the debtor is unable or unable to repay, or the debtor's whereabouts are unknown, the guarantor shall bear joint liability.

If the loan period expires and the debtor fails to repay the debt, and the borrower and lender renegotiate the repayment period or interest rate without seeking the consent of the guarantor, the guarantor will no longer bear the guarantee liability.

In a loan dispute without a guarantor, the court should not allow the debtor to apply for a new guarantor to participate in the litigation.

Any disputes over guarantee liability shall be handled in accordance with the provisions of Articles 108, 109 and 110 of the "Opinions" (Trial).