The prepayment of loans of Shanghai Pudong Development Bank can be divided into mortgage loans and other loans. The procedures for prepayment of these two types of loan products are similar, but the provisions on prepayment interest are different. 1 To repay the loan in advance, you need to call the official customer service hotline of Shanghai Pudong Development Bank in advance to make an appointment; 2 There will be a specific time and prepayment amount after the loan prepayment appointment is successful; After the agreed time, users can go to the business outlets of Shanghai Pudong Development Bank to handle the prepayment formalities with the loan-related materials. Need to be reminded that if the mortgage of Shanghai Pudong Development Bank is repaid in advance, if the loan is repaid in one year, there is no need to pay interest fees for prepayment; No matter how long the repayment period of other loans is, there will still be a certain penalty for prepayment. Loan (electronic IOU credit loan) is simply understood as borrowing money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out in the form of loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. The "three principles" of loan principles refer to safety, liquidity and efficiency, which are the fundamental principles of loan management of commercial banks. Article 4 of the Law on Commercial Banks stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles." 1, loan security is the primary problem faced by commercial banks; 2. Liquidity refers to the ability to recover the loan within a predetermined period or realize it quickly without loss of land, so as to meet the needs of customers to withdraw deposits at any time; 3. Efficiency is the basis of sustainable operation of banks. For example, if a long-term loan is issued, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, so that there can be no problem with the loan. Repayment method (1) Equal repayment of principal and interest: that is, the sum of loan principal and interest is equal monthly repayment. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same; (2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month; (3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis; (4) Repaying part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, and the general amount is an integer multiple of 1 1,000 or 1 1,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period. (5) Repay all the loans in advance: that is, the borrower. (6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.
2. Why did Pufa Credit Card call ahead to repay the loan?
Some banks are more caring. I'll call you in advance.
3. How can Shanghai Pudong Development Bank credit card apply for prepayment?
If you want to prepay in installments, call the credit card center to apply for prepayment. If not, you can repay the money directly.
4. How to prepay the credit card installment of Shanghai Pudong Development Bank?
1. First of all, credit card prepayment by installment requires credit card holders to apply to the Credit Card Center of Shanghai Pudong Development Bank in advance; After the bank accepts the application, it will include the remaining installment bill and handling fee into the latest cardholder of the credit card, and pay back directly after the bill comes out.
2. It should be noted that it is necessary to apply to the bank for prepayment of the credit card of Shanghai Pudong Development Bank one month in advance.
3. In addition, the credit card installment of Shanghai Pudong Development Bank may require a clear understanding of the handling fee before repayment.