Overdue loans do not affect the automatic deduction method of the system, which is still twice a day. When you are overdue, the system will execute the deduction mode. If you don't pay back, the system will automatically deduct money from your account every day. If it is overdue, BOC will charge penalty interest according to the loan contract. If you fail to repay the loan in full for three consecutive months or six cumulative months, BOC has the right to recover from the guarantor or dispose of the mortgage/pledge to pay off all the loan principal and interest. For details, please consult the loan handling bank of China.

The above contents are for your reference. Please refer to the actual business regulations.

What should I do if BOC e-loan fails to repay in time now?

China Bank BOC E loans overdue Repayment:

You can choose to log in to personal mobile banking and personal online banking channels to take the initiative to repay, or you can wait for batch deduction.

Tips:

1. Sufficient funds should be deposited in the repayment account when batch deduction is made.

2. BOC's core system will make batch deductions before 5am and around 5pm.

The above contents are for your reference. Please refer to the actual business regulations.

China bank housing loans overdue 10 days. How to calculate the interest?

The late payment fee is 5% of the amount owed, and the penalty interest is calculated at the daily interest rate of five ten thousandths. If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments; If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement;

When accepting compulsory execution, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law; If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody. Basically, it won't affect, and you can repay on time in the future.

Extended data

The housing fund management center entrusts commercial banks with housing provident fund to handle individual housing loans. Housing provident fund loan is a policy personal housing loan, on the one hand, the interest rate is low;

On the other hand, it mainly provides such loans to low-and middle-income workers who pay the provident fund. However, because the interest difference between housing provident fund loans and commercial loans is above 1%, both investors and ordinary people who buy houses and live in their own homes are more inclined to choose housing provident fund loans to buy houses.