1. The matters that the borrower should pay attention to when handling the prepayment are as follows:

(1) Under normal circumstances, the borrower needs to apply to the loan bank for prepayment one month in advance.

(2) The repayment amount is an integer multiple of 1 ten thousand yuan.

(3) Provisions on liquidated damages.

At present, most banks stipulate that borrowers can only apply for early repayment one year after the loan term expires, and do not charge liquidated damages.

Therefore, please consult the loan bank for the provisions of Article (1) and Article (3) before prepayment.

2. At the time agreed by the bank, the borrower shall go to the loan bank to handle the prepayment formalities with his ID card, title certificate (land certificate), loan contract and prepayment application form.