After handling the mortgage business of ABC, ABC will ask the lender to provide an ABC bank card as a repayment card, and will deduct money from the repayment card account on each repayment date to recover the loan. Therefore, the lender must deposit enough funds to repay the current loan principal and interest in the repayment card deducted by the Agricultural Bank of China.

As for when the Agricultural Bank of China will deduct money on the mortgage repayment date, this is not clear.

In order to avoid the failure of deduction or the inability of the bank to deduct money, the lender had better ensure that the repayment amount reaches the account before the agreed repayment date 17:00. So we see that ABC will deduct money after 17:00.

Many people may ask, if you deposit money in the card after 17:00, does it mean that the Agricultural Bank of China will not deduct money? Actually, it is not. As long as your current loan is not paid off, ABC will always deduct money from your account, but there is no guarantee that it will be overdue.

According to many friends' feedback, the Agricultural Bank of China will not deduct any more money after the repayment date 10:00. Therefore, if the deposit time exceeds 10:00 at night, the risk of overdue will be great.

If the deduction fails on the repayment date, the system will continue to deduct as much as possible at the end of the next day. However, because the mortgage has no grace period, it will be overdue if it is deducted one day later, and even if it is repaid, it will take five years to eliminate the bad credit record.

Advance repayment process of agricultural bank mortgage loan:

First, telephone appointment

At the same time, carefully check the bank's prepayment requirements and pay attention to whether it is necessary to prepare prepayment penalty.

Second, fill out the application form.

After receiving the notice from the other party, go to CCB-CCB outlets to get the application form and fill it out. At the same time, prepare the required materials, identity cards, loan contracts, etc., and submit them to the bank for approval.

Third, the bank telephone notice

After the bank approves, the bank will call.

Fourth, go through the repayment procedures.

The repayment person carries the relevant documents to the bank to handle the prepayment procedures.

Verb (abbreviation for verb) prepays.

After the formalities are completed, go to the bank counter to repay the money, and some banks can directly transfer the money to the card.

Intransitive verb others

If it is paid off at one time, you need to decompress and cancel.