Guide to Repayment of Student-origin Credit Student Loan of China Development Bank

1. Normal repayment

(1) Normal repayment

Normal repayment means that the borrower repays the principal and interest of the loan according to the time and amount agreed in the student loan contract. The normal repayment time is 65438+ February 20th every year (September 20th of the last year).

(2) Repayment rules

Interest repayment ※

Borrowing students shall bear interest on their own from September 1 day of graduation year. From the year of graduation, the day before 165438+ 101-65438+February 20th is the normal interest repayment date. The grace period is 65438+ February 20th of the year of graduation, and 65438+ February 20th of the following year (note: the grace period for students with loans is three years), and they only need to pay their own interest without repaying the principal.

Note: Borrowing students need to extend the discount termination date and grace period in case of college entrance examination and postgraduate entrance examination. You should contact the county financial aid center immediately after you get the admission notice to change your schooling information and repayment plan. If it is not changed in time, the interest generated shall be borne by the borrowing student himself.

Repayment of principal ※

From the third year of graduation, from1October 1 1 day to February 65438+20, the principal will be repaid in installments according to Article 3 of the Loan Principal Repayment Plan of the repayment contract, and the last principal will be repaid on September 20 of the year when the loan expires, and the contract will be settled.

(III) Repayment process

Borrowing students can contact the student aid center of the county (city, district) of origin to inquire about the repayment amount or log in to the online service system of the student aid loan of China Development Bank to inquire about the "principal repayment plan" and "current repayment amount". ※.

※ Borrowing students will recharge the repayment funds to the personal designated Alipay account or use Alipay repayment function before 65438+February 65438+May.

From the following year 1, borrowing students can log on to the student online system to check the repayment situation. ※.

2. prepayment

(1) Advance payment

Early repayment is the repayment behavior of partially or completely settling a loan in advance.

(II) Repayment process

Every year, except for 1 1- 10, the borrower (* * * and the borrower) contact the county-level student financial assistance management center or log on to the student online service system to submit an application for prepayment. When submitting the application, you can check the amount of principal and interest to be repaid. ※.

Borrowing students (* * * and the borrower) will recharge the repayment funds to the personal designated Alipay account or use Alipay repayment function to make repayment before the month of applying for early repayment 15. ※.

Borrowing students (* * * the same as the borrower) can log in to the student online service system from the next month 1 to inquire about the prepayment. ※.

note:

(1) You can apply for prepayment every year except1-10 days (including10 days), and the interest will be calculated until the 20th of the current month. Applications made after the current month 10 shall be regarded as applications for early repayment next month, and the interest shall be calculated until the 20th of the following month.

(2) Insufficient funds shall be deemed as automatic waiver of prepayment, and the application can be continued next month without overdue treatment.

3. Overdue repayment

(1) overdue repayment

Since the graduation year, the borrower fails to repay the principal and interest on the repayment date (65438+February 20, and the loan maturity year is September 20), which is overdue. Overdue repayment can be made before the 20th of each month except June 165438+ 10.

(II) Repayment process

From 1 1 day every month, the borrower (* * * and the borrower) will contact the county-level student financial assistance management center or log in to the student online service system to inquire about the overdue repayment amount. There will be no penalty for overdue interest. ※. If the borrower has overdue principal, the penalty interest shall be calculated from the date when the principal is payable, and the penalty interest corresponding to the overdue principal is 130% of the normal interest rate for the same period. Principal and interest payable for overdue repayment: including overdue (unpaid) principal and interest and penalty interest as of the 20th of the repayment month.

Borrowing students (* * * and the borrower) will recharge the repayment funds to the personal designated Alipay account or use Alipay repayment function to make repayment before 15 of the current month. ※.

Borrowing students (* * * with the borrower) can log on to the student online service system from the next month 1 to inquire about overdue repayment. ※.

Precautions:

Overdue repayment constitutes a breach of contract, which will form a bad credit record in the credit information system of the People's Bank of China.

Four. responsibility for breach of contract

(1) breach of contract

Failure to repay the national student loan within the time limit and amount agreed in the loan contract shall be regarded as breach of contract. The handling bank will charge a penalty interest on the amount of the default loan, and record its default behavior in the personal credit information system, and financial institutions will no longer handle new loans and other credit businesses for it.

(ii) Consequences of breach of contract

Default payment: If the loan principal is not repaid on time as agreed in the loan contract, the default interest will be charged according to the actual overdue amount and overdue days, and the default interest rate will be 130% of the normal loan interest rate. ※.

Punishment for breach of trust: According to the relevant regulations of the state, China Development Bank will take the following measures for students who have repeatedly overdue loans and maliciously defaulted on loans. ※:

—— Load the information of students who break the contract into the personal credit information system of the People's Bank of China. If the overdue loan is not paid off, the bad credit record will be retained for life. If the overdue loan has been paid off, the bad credit record shall be kept for 5 years from the day after the repayment date. Once the bad credit record is loaded into the personal credit information system, it will directly restrict the application and use of almost all financial products such as personal credit card, house purchase and car loan;

—— Load the information of the defaulting students into the graduate education inquiry system, and inform the defaulting students and the employment units of the same borrower of the default. This has a great influence on the employment of students who violate the contract and take various social recruitment examinations.

-The borrower who seriously breaches the contract will bear relevant legal responsibilities.

Verb (abbreviation for verb) is used systematically.

(A) China Development Bank student credit student loan online system

The website of China Development Bank's online service system for student-origin credit student loans is. Borrowing students (* * * with the borrower) can apply for early repayment through this system, inquire about the loan status, repayment plan and repayment records, and make personal information changes, * * * with the borrower's information changes and personal account changes. When using this website, please pay attention to the operation guide at the bottom of the page.

(2) Alipay

The National Development Bank will automatically generate an Alipay account for the borrowing students and print it on the loan contract. Alipay is a leading third-party payment platform in China. Borrowing students can transfer money to the bank through this account. At present, repayment through Alipay is the main repayment method of student loans of China Development Bank. Repayment through Alipay is not limited by banks, regions and time, and there is no handling fee, which is simple to operate. Is Alipay's website in www.zhifubao.com or www.alipay.com/.?

(III) Alipay repayment process

At present, there are two ways to use Alipay for repayment: one is to directly recharge the funds payable to the designated repayment account; The second is to use Alipay repayment function to complete repayment directly. Among them, the second method has the highest security, and it is recommended to use this method for repayment.

Recharge: At present, Alipay supports ICBC, Agricultural Bank of China, China Merchants Bank, China Construction Bank and other 19 online banking to recharge Alipay accounts. Before recharging, borrowing students need to use bank cards to open online banking. ※ Recharge process: log in to Alipay, click "Recharge" → select online bank to recharge, select the online bank you want to use → jump to the bank page, fill in the password and other related contents → recharge successfully. Borrowed students can view the demonstration of the recharge process on Alipay website. ;