If you prepay in China Bank, if it is a commercial loan, there will be a penalty interest for prepayment, that is, one month's interest on repayment. For example, if the loan is changed in advance by 6,543,800 yuan, the penalty will be 6,543,800 yuan+one month's interest.

China Bank needs to make an appointment in advance to repay the loan in advance, about one month in advance. It's the end of the year, and there are many customers who make an appointment to repay the loan in advance, so if you plan to repay the loan in advance, make an appointment as soon as possible. If you make an appointment now, you can repay the loan in advance in early June 12. At the same time, the mortgage that was handled in that year can't be repaid in advance, and it can only be repaid in advance if the loan has been repaid for more than one year.

The Bank of China stipulates that the loan can be repaid twice a year in advance. There is no limit on the prepayment amount of China Bank, which can be handled at the bank where the account is opened.

Early repayment means that the borrower applies to the bank to repay part of his loan in advance, and guarantees that the loan will be repaid in the current month without being overdue last month; Pay off all or part of the loan in one lump sum according to the date stipulated by the bank.