When repaying an online loan from Ping An Bank, the repayment funds need to be transferred to the repayment account agreed with Ping An Bank on time and must be completed within the repayment period.

The repayment account and repayment period are clearly stated in the contract and loan contract signed with Ping An Bank. You can check the relevant terms of the contract.

Ping An Bank’s new loan repayment methods

Ping An Bank’s new loan has two main repayment methods. One is monthly principal and interest repayment, that is, fixed monthly repayments. The repayment amount is based on the loan period selected by the user. If the borrower chooses a 12-month loan period, the user can repay the fixed principal and interest monthly within 12 months after borrowing. The second is a special "low mortgage" repayment method. If the repayment term is 12 months, the first 11 months will be amortized on a monthly principal and interest basis, and the monthly repayment amount will be calculated based on a 3-year principal and interest amortization method. , repay the remaining loan principal and interest in the last month. In this case, the user's repayment pressure is relatively small.

Based on the above two repayment methods, the borrowing cost of the latter repayment method is relatively higher, but the borrower's repayment pressure will be smaller and the utilization rate of funds will be higher. When choosing a repayment method, the choice is mainly based on the user's own financial situation.

Customers who need to apply for a loan often check whether the platform they apply for is formal and reliable. So are Ping An Puhui's loans formal? There are many places on the market where you can get loans. There are all kinds of online loan advertisements on the Internet, and some are even private lending companies. The names of the institutions you have never heard of. If you don’t choose the right platform, the cost of financing will be higher than that of a regular company. Much higher, and the protection of funds and the privacy of personal information are not adequate.

Ping An Puhui is relatively large in scale, with more than 200 business outlets in cities across the country, and is supervised by the China Banking Regulatory Commission and the China Insurance Regulatory Commission. It is a subsidiary business of the associate company of China Ping An Insurance Group Co., Ltd., and its brand concept is "Trust is power". It is the same as Ping An Bank. Ping An Insurance is a sister company. Ping An Puhui's business content provides loan services to individuals and small and micro business owners, mainly for " "Dilemma" customer groups, individual customers who are difficult to cover with traditional bank loans; and small and micro business owners, especially those in third- and fourth-tier cities.

It can be secured or unsecured. There is no essential difference in the way to apply for a loan. If you have a mortgage, you need to apply for a quota online through the system and make an appointment to sign offline. However, more materials are required, and the details will depend on the local area. Policy: The entire unsecured process can be processed online. Generally, the result is half an hour and the loan is credited in 10 minutes. However, most customers are rejected due to improper operation, and the time before re-applying after the rejection period cannot be determined. It is best to consult relevant people.