Bank of Communications provides six installment numbers: 3, 6, 9, 12, 18 and 24. The longest installment number that cardholders can choose may be slightly different according to their own card use. The handling fee rate of each period may vary from period to period.

The specific handling fee rate is subject to the bank notice when the customer applies for installment.

The principal payable in each installment = the total installment principal ÷ the number of installments, which will be credited to your credit card account every month, and the rest will be credited to the last installment.

Handling fee for each period = total amount of installment principal × handling fee rate for the corresponding number of installments in each period, which is charged on a monthly basis.

Extended data:

1. Credit card credit limit for installment payment business.

After successfully applying for installment business, the credit line will not be resumed immediately. Oh, the credit line will be restored according to the monthly installment principal actually returned by you, until the last installment or all the installment amount is paid off in advance.

2. Transaction scope of installment payment business

Staging business is not allowed for some projects, and all kinds of interest fees, transfers, cash withdrawals, real estate transactions charged by banks, as well as transactions stipulated by other regulatory agencies and risk policies from time to time or consumer arrears including the above transactions are not allowed to be phased.

Bank of Communications-Loan Description