Log in to ICBC Online Banking (or Mobile Banking) - Credit Card Services - Cash Installment - Application - Read and Accepted - Amount of Cash Installment Applied - Number of Installments Applied - Loan Card Number - Mobile Phone Number - Purpose of Loan - Confirm

After the application is submitted, ICBC will notify customers of the approval progress via text message, so please check it.

If you choose to purchase foreign exchange in small amounts, ICBC will purchase foreign exchange at the real-time exchange rate based on the amount of foreign exchange the customer can purchase this year.

Log in to ICBC Online Banking (or Mobile Banking) - Credit Card Services - Cash Installment - Cash Installment Calculator

You can see

1.34 for 3 periods and 2.35 for 6 periods , 9th period 3.35, 12th period 4.35, 18th period 6.83, 24th period 8.99.

The handling fee for 12 cash installments of 5,000 yuan = 5,000*4.35 = 217.5 yuan, which is paid in one lump sum when making the down payment.

The principal repayable in each period=5000/12=416 yuan

The first repayment = handling fee The remaining principal repayable in each period=217.5 416 8=641.5 yuan