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How to calculate the installment repayment fee of Agricultural Bank of China credit card

The 12-month installment fee for Agricultural Bank of China credit card is 0.6%, so the monthly repayment amount is: 8000×0.6% 8000÷12=4800 666=666.6 yuan.

The agreed terms of the Agricultural Bank of China’s credit card installment business:

1. If the cardholder calls the Agricultural Bank of China’s 800 customer service hotline to apply for the installment payment business, it is equivalent to the cardholder’s acceptance of all the terms of the business. Agricultural Bank of China has the right to independently decide whether to agree to consumer installment applications based on internal business regulations and commercial judgment.

2. Transactions that have successfully applied for consumption installments are irrevocable. If a return occurs, the installment fees that have been recorded will not be refunded.

3. The principal payable in each installment is equal to the consumption amount applied for in installments (hereinafter referred to as the "installment amount") divided by the number of installments. The installment handling fee payable in each installment is equal to the installment amount multiplied by the month. Handling rates. The principal repayable in each installment is calculated accurately to the dollar, and the installment fee calculation is accurate to the digit. For the amount of the principal repayable in each installment that cannot be divisible by the number of installments, the amount is divided by rounding off decimals, and the difference is Make adjustments in the final period. If there is partial overpayment in the current period, the installment amount will be the consumption amount minus the overpayment. If it is less than 500 yuan, you cannot apply.

If you have other specific questions, it is recommended that you call the bank’s customer service staff and hope they can help you.