Under normal circumstances, the mortgage deduction time is completed before 24: 00 pm on the repayment date stipulated by the bank. Every day can be divided into two deduction periods, the morning deduction time is 0:00-6:00 and the afternoon deduction time is 17-2 1. However, there may be a delay if there are special circumstances. It should be noted that different banks will have different deduction time, and the specific deduction time will be subject to the selected bank.

After the general borrower signs an automatic deduction agreement with the bank, the bank system will automatically complete the deduction within the time specified on the repayment date. Before each deduction, the borrower needs to deposit enough funds into the bank card in advance. If you miss the deduction time due to insufficient balance in the repayment card, it may have an impact on your personal credit information.

What is the overdue time on the day of deduction?

After the mortgage deduction fails, the bank will send a text message to remind the user. Banks and private financial institutions have the same definition of overdue, that is, overdue beyond 24 o'clock on the repayment date. In order to avoid the failure and overdue of deduction, it is recommended to deposit the money into the repayment card before the deduction date. Doing so can ensure sufficient repayment funds and avoid failure and overdue deduction. Saving enough money in advance is an effective preventive measure, which can usually avoid overdue.