The grace period of Shanghai Bank car loan is 3 days. Repayment within the 3-day grace period is regarded as normal repayment and will not be regarded as overdue. If the repayment cannot be made on time within the grace period, the repayment is overdue at this time, and penalty interest will be charged at this time. In fact, when the repayment cannot be made on time, users can borrow money from friends around them to avoid overdue.
It should be noted that the credit card will be uploaded to the credit information center after overdue repayment, and the subsequent loan processing, such as car loan or mortgage, will be affected after the personal credit information becomes worse. The arrears will be retained for 5 years after being returned and will automatically disappear after 5 years. If not, it will remain in the credit information.
The full name of Bank of Shanghai is Bank of Shanghai Limited, which was established on February 29th. 1995. Its head office is located in Shanghai, and it is a listed company on the main board of Shanghai Stock Exchange. At present, it has set up branches in Beijing, Shenzhen, Tianjin, Chengdu, Ningbo, Nanjing, Hangzhou, Suzhou, Wuxi, Shaoxing, Nantong, Changzhou, Yancheng and Wenzhou.
The grace period of Shanghai Bank Credit Card starts from the repayment date, and there are three natural days after the repayment date. In other words, the user needs to ensure that the repayment funds arrive before 24: 00 pm on the third day of the grace period, and Shanghai Bank will regard it as the user's repayment on time. If the user repays the loan on time at or after 24 o'clock on the third day, it will be regarded as overdue repayment. The repayment date plus grace period is equivalent to the four-day repayment time provided by Shanghai Bank, which is enough for users to repay their credit cards.