At the same time, the circular requires that banking financial institutions should specify the minimum deductible amount and the maximum amount of installment business. The fund balance that has been divided into stages shall not be divided into stages. The term of installment payment business shall not exceed 5 years.

According to the requirements, banking financial institutions must clearly show all interest items, annualized interest rate levels and interest rate calculation methods that may be generated by the installment payment business on the first page of the installment payment business contract (agreement).