The handling fee for each of 24 installments of Agricultural Bank of China’s credit card consumption is 0.6%, and the handling fee for each installment of 20,000 yuan is 120 yuan. 20,000 yuan is divided into 24 installments, and the principal of each installment is approximately 833.33 yuan. Therefore, adding the two together, the repayment amount for each of 24 installments of the 20,000 bill is approximately 953.33 yuan.

That is: 20000/24+20000/0.6%=833.33+120=953.33

SMS application for bill installment

Use the reserved mobile phone and send the corresponding instructions to 1069095599

1. Application for RMB bill installment:?

Send "CCZD#The last 4 digits of the card number# number of installments" to apply for RMB bill installment according to the maximum installment amount of the previous bill; Send "CCZDFQ#Last 4 Digits of Card Number#Issue#Amount," you can apply for RMB bill installment according to the specified amount;

2. Foreign currency bill installment application:?

Send "CCFF #The last 4 digits of the card number# number of installments, you can apply for foreign currency bill installments based on the maximum installment amount of the previous bill.

Extended information:

1. Once the bill installment application is successful, you can apply for it. Cardholders are not allowed to apply for cancellation. If the credit card bill is paid in full and on time after the installment is successful, interest charges will be charged. Multiple overdue payments will affect the termination of the credit installment and overdue fees will be charged. Overpayment will not automatically repay the undue principal of the installment.

2. The time for applying for early repayment is from the day the installment application is successful to before the penultimate installment payment bill is generated. After the early repayment application is successful, the installment fees already collected will not be refunded. If refunded, the cardholder still needs to bear the credited installment fee debt.

3. The principal of each installment is equal to the installment principal divided by the number of installments, rounded to the nearest dollar, and the difference is 0. If the installment handling fee is increased or decreased in the last installment, the total installment handling fee will be charged for the first installment, and the total installment handling fee will be calculated by multiplying the installment principal by the applicable handling fee rate

4. . When the cardholder repays the current repayment amount listed on the bill in full before the due repayment date, the current installment payment will enjoy the interest-free period; if the cardholder fails to repay the payment on time, our bank has the right to charge the credit card interest rate.

Agricultural Bank of China - Application Method

Agricultural Bank of China - Business Overview