Advance repayment process
1 First, the user logs in to the mobile banking app of the bank where you handle the loan business.
2. Select "Loan" once in the home menu, enter the loan management page, and click Repayment to enter "My Loan";
3 Then select your personal loan information to view personal loan related information, and click "prepayment" below;
4 Then choose "Partial Repayment" or "Full Repayment" according to personal circumstances, and enter the repayment principal for repayment.
It should be noted that using the bank mobile app to repay the mortgage in advance must make an appointment with the bank in advance. You can usually make an appointment directly by telephone. In addition, it is best to repay the mortgage in advance after one year. If the mortgage is less than one year, you need to pay a certain penalty.
Second, about the prepayment of mortgage loans.
Generally, repaying the loan in advance will reduce the loan interest and loan life!
Third, what should I do if I repay the mortgage in advance?
"Jia Wei Anjie Loan Expert" will answer your questions:
With the continuous improvement of people's living income level, there are not a few people in China who have the traditional concept of "owing money to others". Many friends who have applied for bank loans are considering the plan of prepayment. So today, Jia Wei Anjie will talk to you about the problems that need to be paid attention to in prepayment of commercial loans.
1. Is there a handling fee for prepayment? In the loan contract signed by the lender and the bank, there is a clause of "collecting liquidated damages for early repayment", so it is reasonable for the bank to collect liquidated damages for early repayment. However, due to market competition, service image and other factors, the bank did not charge the lender. If the lender repays the loan at the end of the year or the end of the season without the approval of the bank, this behavior will directly affect the completion of the bank loan index, so the bank is likely to charge liquidated damages as appropriate.
2. In addition, if the loan contract is less than one year and the lender requires early repayment, the bank will charge one month's interest at the loan interest rate on the date of early repayment as a penalty. Choosing the right time to repay the loan in advance can save a lot of money.
3. Go through the formalities of repaying the loan in advance. Lenders who repay the loan in advance need to submit a written application one week to one month in advance to agree on the repayment date. Then on the agreed repayment date, the lender will bring his ID card and signed loan contract to the bank to fill in the loan repayment application form and prepayment agreement, and deposit the repayment into the designated passbook, which will be automatically deducted by the bank.
4. Lenders should also pay attention to the fact that there is no limit on the number of times to repay the loan in advance. They can choose to pay off all the loans at once, or they can choose to pay off part of them, but the initial repayment amount of each bank is different. When repaying the loan in advance, they should ask clearly in advance to avoid unnecessary trouble.
Four, about Shanghai Pudong Development Bank to repay the mortgage loan in advance.
Shanghai Pudong Development Bank can repay the loan in advance, and the procedures are as follows:
Step 1: First, check the requirements of prepayment in the loan contract, and pay attention to whether it is necessary to pay a certain penalty for prepayment.
Step 2: Call the loan bank in advance to inquire about the application time and minimum repayment amount of the loan and other materials that need to be prepared.
Step 3: According to the requirements of the bank, apply for early repayment in person to the relevant departments.
Step 4: The borrower takes the relevant documents to the borrowing bank and goes through the relevant formalities of prepayment.
Step 5: Submit the prepayment application form and deposit the prepayment in the counter.
Shanghai Pudong Development Bank repaid the loan in advance.
Shanghai Pudong Development Bank: If the prepayment is less than one year, there are two ways of liquidated damages. One is the interest of 1. %, and no penalty will be charged after one year of loan.
widening of capital
Shanghai Pudong Development Bank mortgage prepayment procedure
1. When the borrower prepays, the borrower needs to apply to the loan bank for prepayment one month in advance.
2. The repayment amount is an integer multiple of 10000 yuan.
3. Provisions on liquidated damages At present, most banks stipulate that borrowers can only apply for early repayment after the loan term expires one year. Please consult the loan bank before.
4. The borrower's certificate, title certificate (land certificate), loan contract and prepayment application form shall go through prepayment formalities at the loan bank.
Shanghai Pudong Development Bank repays the loan in advance, and it will take about one month to go through the formalities.