1, China Merchants Bank, the prepayment of the loan is less than one year, and the interest is not less than the actual repayment amount of three months. If the loan is repaid one year in advance, the interest shall be no less than one month.
2. If the loan of CCB is repaid in advance for less than one year, 3% of the prepayment amount will be charged. If the loan is repaid in advance for one to two years, 2% of the prepayment amount will be charged. The loan is repaid in advance for two to three years, and one percent of the prepayment amount is charged.
3. Agricultural Bank, if the prepayment is less than one year, will be charged according to the principal multiplied by the monthly interest rate, that is, the loan interest rate divided by 12 months minus the repayment months. Repay the loan in advance after one year, as long as there is no record of prepayment before, there will be no penalty. If the repayment has been made in advance, the applicant will not be fined if he applies again one year later.
4. ICBC, if the prepayment is less than one year, will charge 5% of the prepayment amount as liquidated damages. If the loan is repaid in advance after one year, no penalty will be charged.
5. If China Bank prepays for less than one year, the maximum penalty will be six months' interest (calculated according to the loan interest rate on the prepayment date). If the loan is repaid in advance after one year, no penalty will be charged.
Legal basis: Article 675 of the Civil Code: The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.