Beifujin is a special consumption installment limit provided by Shanghai Pudong Development Bank for high-quality cardholders. This limit is independent of the credit limit. As long as you have a Beifufen limit, you can apply for a Beifufen limit based on your credit card consumption limit. installment. So, how many installments can Beifujin be divided into? How much is the interest? Let’s find out together below.

How many installments can Pudong Development Bank of China be divided into? Beifujin is a loan product of Shanghai Pudong Development Bank. It is similar to Shanghai Pudong Development Bank's Universal Gold. It does not account for the credit card limit. However, the Beifujin limit can only be used when making transaction installments, that is, free installments. Used when doing business or bill installment business. As for the number of installments that Beifujin can be divided into, it is the same as the number of installments for free installments and bill installments, and the handling fees involved are also the same. As far as we know, Pudong Development Bank can freely choose to repay in 3/6/12/15/18/24 installments like free installments and bill installments. The handling fee is divided into one-time payment and installment payment. The handling fees corresponding to different periods are as follows: 3 periods: a one-time handling fee of 2.64; a one-time handling fee of 0.90/period; 6 periods: a one-time handling fee of 4.44; an installment handling fee of 0.78/ Period; 9th period: a one-time fee of 6.10; a one-time fee of 0.73 per period; 12th period: a one-time fee of 8.16; an installment of 0.74 per period; 15th period: a one-time fee of 0.74 per period; The rate is 10.35; the handling fee is charged in installments 0.75/period; 18th installment: the one-time handling fee is 12.60; the handling fee is collected in installments is 0.76/period; 24th installment: the one-time handling fee is 16.80; the handling fee is collected in installments is 0.76/ Period;

The formula for calculating the installment handling fee is: Total handling fee = Installment amount × One-time handling fee; Handling fee per period = Installment amount × Installment handling rate. For example: Free 10,000 yuan is divided into 12 installments. The repayment for each installment is 833.33 yuan, and the handling fee is 0.74, which means each installment is 74 yuan. According to the calculation of 74 yuan per period multiplied by the total of 12 periods, the interest per year is 888 yuan. If 888 yuan is divided by 365 days, the daily interest is 2.43 yuan.