Discount "is the abbreviation of" discount interest ",which refers to the discount interest paid to the bank by the holder who applies to the bank for discount denomination.

Calculation method of discount:

Discount interest = discount amount × discount days × daily discount rate

Daily discount rate = monthly discount rate ÷30

Actual paid amount = face amount-discounted interest

Discounts are divided into housing discounts, loan discounts and deposit discounts.

Housing discount: it is called "personal housing loan policy discount service". When a commercial bank issues a loan, the discount amount is the interest difference between the provident fund loan interest rate and the commercial bank loan interest rate based on the loan amount that can enjoy the discount. This part of the difference is paid to individuals by the housing provident fund management center;

Loan discount: Discounted loan is a commercial personal housing loan issued by the provident fund management center in cooperation with relevant commercial banks. Any borrower who meets the discount conditions of the management center will be given a discount by the management center according to the discount amount that the borrower can apply for and the interest difference between the commercial individual housing loan and the housing provident fund loan;

Deposit discount: Negative deposit interest deducted according to the discount rate. For example, if you have an acceptance bill or time deposit certificate due in three months, you need to use cash now. If you change it into cash, the acceptor will lose interest for three months, so you need to deduct the interest loss from the cash given to you. This deducted interest is a discount on deposits.

Discounting is an act of converting forward currency into cash. For example, if you have an acceptance certificate or time deposit certificate due in three months, and you need to use cash now, you can change it into cash. However, if the person who accepts it loses interest for three months, the interest loss will be deducted from the cash given to you. Then, the negative interest you pay on the deposit is discount (equivalent to "loan interest", which is just a folk saying). The negative interest discount loan you need to bear is the policy discount business of personal housing guarantee loan (hereinafter referred to as discount), which refers to the commercial personal housing loan issued by the housing provident fund management center in cooperation with relevant commercial banks. According to the amount of discount that borrowers can apply for, the center will give discount to borrowers who meet the discount conditions of the center. All procedures related to discount interest business are entrusted to commercial banks or their entrusted law firms, and borrowers do not need to apply to the loan center by themselves.