Normally, the loan period of Agricultural Bank of China student loans is one year. That is to say, students who need to continue to apply for loans after the expiration of one year need to go through the relevant loan renewal procedures. So what is the renewal process of the Agricultural Bank of China student loan? Let’s find out together.

The Agricultural Bank of China student loan renewal process

1. The first step is to submit a loan renewal application to the Agricultural Bank of China;

2. Then the school will review the application submitted by the student. The loan renewal materials and loan renewal qualifications will be reviewed, and the approval will usually be completed within 20 working days;

3 Finally, the bank will review and approve the loan application. After approval, the bank will sign a loan contract with the borrower. The borrower then only needs to repay the loan in accordance with the contract after completing his studies.

The above is a detailed introduction to the Agricultural Bank of China student loan renewal process. I hope it can be helpful.