Yes As long as the overdue time is not long and the repayment is successful after the deposit is deposited in the repayment account, the repayment account for the next month will still be automatically deducted. Overdue refers to the failure to fulfill the corresponding obligations or responsibilities beyond the agreed time.
Is ICBC mortgage automatic deduction?
The automatic deduction method for personal loans is twice a day. The system will automatically deduct the loan account once before opening the account on the morning of the repayment date, and deduct the loan account for the second time after the end of business on the same day, and return the loan account arrears according to the principle of "deducting as much as possible" (in case of Saturday, Sunday and legal holidays, the deduction will be the same and will not be postponed). If the agreed repayment date is 3 1, etc. Other special months without this date will be deducted on the last day of the month. If your loans overdue does not affect the automatic deduction method of the system, it 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. Except for loans entrusted to our bank for deduction (for example, housing provident fund management center entrusts us to deduct housing provident fund loans), the above deduction methods are applicable to all kinds of personal loans of our bank.
The above contents are for your reference. Please refer to the actual business regulations.
Does ICBC deduct money from bank loans on Sunday?
ICBC's loan deduction is carried out automatically by the system and is not affected by holidays. As long as the amount in the bank account is sufficient and the deduction date is the same as usual, the deduction will be made according to the repayment date agreed in the bank loan contract.
The repayment date of ICBC loans is generally the corresponding date of each period from the month following the loan issuance date; If there is no corresponding date, the repayment date is the last day of the period. You can choose a fixed repayment date for each installment according to your income and arrange your personal income and expenditure reasonably.
Within the repayment period agreed in the loan contract, the repayment date may be extended by 10 natural days on the basis of the agreed repayment date.
Extended data
Repayment methods available for second-hand housing loans
1. Equal principal and interest repayment method: repay the loan principal and interest in equal amount every month during the loan period.
2. Average repayment method: repay the loan principal in equal amount every month, and the loan interest decreases with the principal month by month.
3. Weekly (bi-weekly, three-weekly) repayment method: based on equal principal and interest or average capital repayment method, the repayment period of principal and interest is 7 days or an integer multiple of 7 days, with the shortest being 7 days and the longest not exceeding 2 1 day (inclusive).
4. "Free repayment" repayment method. Within the repayment period agreed in the contract, the repayment amount calculated by the equal principal and interest method is taken as the minimum repayment amount for each installment, and the repayment amount is arbitrarily increased on this basis to realize early repayment.
5. "Check in" repayment method. Before the purchased property moves in, the repayment of the loan principal will be suspended, and only the loan interest will be returned.