The grace period of CITIC Bank is 3 days. If the user pays off the debt within 3 days, he will not receive the credit report, but he will incur 5% overdue fine and penalty interest.

If the user fails to repay the loan after a grace period of more than 3 days, CITIC Bank will upload the overdue record to the credit information system. Bad records in the credit information system exist for five years, during which it is very difficult for users to apply for loans.

Users can choose the minimum repayment to avoid overdue, as long as they pay part of the interest.