Banks always settle interest on the 20th at the end of each quarter, but the settlement date of consumer loans (such as car loans and mortgage loans) is the 20th of each month. Time deposits (including unit and individual time deposits) do not bear interest, and the interest will be paid together with the principal after maturity.

First, the definition of bank interest settlement

Bank interest settlement refers to the bank's settlement of deposit and loan interest at the agreed interest rate according to your deposit and loan accumulation in the bank. Simply put, it is to settle interest.

Second, the interest settlement method

Interest is settled quarterly, and interest is settled regularly. The excess is calculated by current account. The loan bears interest on a daily basis, that is, how long it takes to pay the loan interest. Some special loans need to pay all the interest in one lump sum.

Third, bank interest inquiry.

The bank has a fixed interest settlement date for account interest settlement, which will not be displayed every day, but will be reflected in the account details on a fixed date.

1. Open the mobile banking APP client and click Options My Account.

2. Click the debit card option in the new page that jumps to.

3. You can see the date and amount of interest settlement in the new page you jump to.