How to handle prepayment!
1, the handling process is different.
When handling prepayment, the business processes and procedures of each bank are different. Some banks make an appointment by phone before filling out the form, such as ICBC and most branches of Bank of Beijing. Borrowers can first agree with the bank on a repayment date, that is, the specified time, and then go to the bank to fill out the application form for prepayment of personal housing loans.
However, some banks need to fill in the application form for prepayment of individual housing loans. For example, most branches of China CITIC Bank, China Construction Bank and Shenzhen Development Bank need to be approved by the relevant banking departments before borrowers can repay their loans.
2. The treatment cycle is different.
Most banks require borrowers to make an appointment for repayment one week in advance, and branches of individual banks may need to make an appointment three months in advance.
3. The collection of liquidated damages is different.
Most banks do not need to pay liquidated damages for repaying loans in advance, but the signed contract shall prevail. Buyers who want to repay the loan in advance must carefully read the provisions on liquidated damages in the purchase contract and loan-related contracts, and if necessary, they can relax the bank's outlets for manual consultation.
4. The deduction time is different.
It takes different time to repay the loan in advance. Please carefully read the comparison table of prepayment of major banks compiled by Rong 360 for specific deduction.