According to the loan contract signed by the loan bank and the borrower, the borrower should repay the loan on a monthly basis in the month after the loan is issued. There are two specific ways, which are chosen by the borrower:

Go to the loan bank on June 1-20 every month to repay the loan principal and interest in cash;

The entrusted loan bank deducts money. The borrower and the loan bank sign a withholding repayment agreement and apply for a personal repayment savings card. The borrower can pre-deposit the repayment amount for several months at one time, or deposit all the repayment amount in the nearest bank savings office before the 20th of each month, and the bank will directly deduct the loan principal and interest from the borrower's savings account.

The borrower can repay all the loan principal and interest in advance at one time, or repay part of the loan principal in advance:

Repay all the loan principal and interest in advance, and the loan bank will re-approve the remaining loan principal and interest of the borrower according to the actual number of days of loan occupation;

Repay part of the loan principal and interest in advance, and the loan bank recalculates the borrower's monthly repayment amount or loan term according to the remaining loan principal.