The repayment method of the credit card loan of Shanghai Pudong Development Bank is full repayment (withdrawal of principal+total interest+one-time handling fee).

calculation method of interest expense

1. Interest

is charged at .5% of the principal every day, and calculated to the agreed repayment date, with total interest = total withdrawal amount * daily interest rate * withdrawal period.

2. One-time handling fee

The cardholder will charge a fixed one-time handling fee in 1 yuan for each application.

Extended information

Features of borrowing money

1. Fastest second-rate lending

Second-rate lending is transferred to our bank, and lending is transferred to other banks within two days.

2. Flexible handling of

unavailable application channels, such as WeChat, Pudaxiben APP, online banking and customer service.

3.

Cash paid with the loan will be recorded immediately, and it can be repaid in advance, and the interest will be settled until the day of prepayment.

4. Interest on repayment of principal at maturity

It is agreed that the principal and interest will be repaid at one time on the repayment date to improve the utilization rate of funds.

Shanghai Pudong Development Bank official website-Borrowing Money