As we all know, after the mortgage is handled, it needs to be repaid on time, so as not to affect personal credit information beyond the time limit. When the borrower repays, will the system automatically deduct the money, or will the borrower take the initiative to repay? Take the mortgage of CCB as an example. Let's have a look.

Is CCB's mortgage automatic deduction or voluntary repayment?

Automatic deduction. When a borrower applies for a mortgage, the bank often requires the borrower to apply for a bank card as a debit account and sign an automatic debit agreement with the bank. In addition, when the balance of the customer's deduction account of CCB is insufficient, CCB will send a reminder message to the borrower before the repayment date to remind the borrower to deposit the full amount of funds into the repayment account in time.

Other considerations:

1 Loan account number is not equal to repayment account number. The loan account number is the personal loan number of the user in CCB, with 26 digits, which can be inquired through online banking or mobile banking; The repayment account number is the loan deduction account number agreed by the borrower in the bank.

2 Personal loan deduction is a batch operation of the system. In order to avoid overdue, it is suggested that the borrower deposit the due amount in full into the designated entrusted deduction account one day before the repayment date, so as to return it in time.

If the borrower fails to deposit the money in time, he can take the initiative to repay it. After successful voluntary repayment on the repayment date, the system will not make repeated deductions.

Failure to repay on time may result in penalty interest and affect personal credit record. If it is overdue, it is necessary to deposit the funds into the loan deduction account as soon as possible, and then observe whether the deduction is made. If the deduction is unsuccessful or the repayment cannot be made in time, you can contact the loan handling bank.