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Individuals apply for loans at the bank. If you want to repay the loan in advance, is the bank legally charged?

Questioner: @a.*** City: National Label: Early repayment Question Time: 2017-12-10 14:52
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  •             Enthusiastic friends
    2017-12-11 15:55
    PrepaymentTo collect liquidated damages. Liquidated damages can be negotiated between the borrower and the lender. The general lender will provide several schemes for liquidated damages for the borrower to choose. If the borrower chooses a contract with a liquidated damage, the lender will provide a lower loan fee, or lowerLending ratesGenerally, the interest rate of a contract with liquidated damages is 0.25% to 1.00% lower than the interest rate of a non-liquidated contract. Here are the banksRepaying loans in advanceList of regulations
    China Merchants Bank
    The loan is repaid in less than one year, and the interest is not less than three months of the actual repayment amount.
    After the loan has been repaid in one year, the interest will be no less than one month's interest.
    [China Construction Bank]
    The loan is repaid in less than one year, and three percent of the prepayment is charged.
    The loan is repaid in advance from one to two years, and 2% of the prepayment is charged.
    The loan is repaid in advance from two to three years, and one percent of the prepayment is charged.
    【ABC】
    The loan is repaid in less than one year, and is charged according to the principal multiplied by the monthly interest rate. The monthly interest rate is the loan interest rate divided by 12 months minus the number of repayment months.
    After the loan has been repaid in advance for one year, as long as there is no prior repayment record, no penalty will be charged. If you have already paid for the advance payment, you will not be charged for liquidated damages after one year.
    【ICBC】
    The loan is repaid in less than one year, and 5 percent of the early repayment amount is charged as liquidated damages.
    If the loan is repaid in advance after one year, no penalty will be charged.
    【Bank of China】
    The loan is repaid in less than one year, and the maximum amount of interest penalty is not more than six months (calculated according to the loan interest rate on the prepayment date).
    If the loan is repaid in advance after one year of the loan, no penalty will be charged.
    [Bank of Communications]
    Part of the early loan repayment provisions can not be less than 6 times the monthly repayment amount, the maximum can not exceed 35% of the monthly repayment amount, and some prepayments can be repaid once a year free of charge.
    All prepayments are subject to payment of liquidated damages and 1% of the current repayment amount. However, the specific repayment amount must be implemented in accordance with the contract.
    [Guangfa Bank]
    The loan is repaid in less than one year, and two months of interest is charged as liquidated damages.
    The loan will be repaid in advance after one year of loan, and no penalty will be charged.
    [China Everbright Bank]
    If the loan is repaid in less than one year, the interest of 3% to 6% will be charged as liquidated damages, and it will be implemented in accordance with the contract.
    The loan will be repaid in advance after one year of loan, and no penalty will be charged.
    【Shanghai Pudong Development Bank】
    If the loan is repaid in less than one year, it will be charged 1.5% or 3% of different interest. If there is no penalty, the contract will levy more.
    The loan will be repaid in advance after one year of loan, and no penalty will be charged.
    [SDB Bank]
    Generally speaking, after repayment for more than two years, you can apply for early repayment, depending on the contract at the time.
    If the loan is repaid in advance less than two years, it is necessary to pay the liquidated damages agreed upon when signing the contract. If there is no agreement, it will not be charged.
  •             Enthusiastic friends
    2017-12-11 22:41
     PrepaymentA penalty fee is required. The penalty for early repayment is borrowingloanThe terms mutually agreed in the contract between the parties, the borrower will pay a liquidated damages once the borrower has paid off all the loans, or most of the principal, in advance within the specified time. Liquidated damages are generally calculated as a percentage of the outstanding balance at the time of early repayment (generally 2% to 5%); or a provision for interest for several months. However, the maximum liquidated damages are subject to contract or law. The prepayment procedure is as follows:
    1. A written application for early repayment to the lending bank 15 days in advance.
    2. The borrower carries his ID card and repayment card to the bank.
    3. Fill in and submit the “Advance Repayment Application Form” and deposit the amount of early repayment at the counter. The repayment period can be determined according to individual circumstances, and the monthly repayment amount is adjusted according to the repayment period.
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