There is no grace period for ICBC's e-loan repayment, and the borrower must repay the arrears within the specified time, otherwise there will be penalty interest, and the longer the time, the more penalty interest will be generated. Moreover, after overdue repayment, the bank will upload it to the credit information center, and personal credit information will affect the handling of various loans, such as car loans or mortgages.

When ICBC lends e-loans, different users get different amounts, generally ranging from 600 yuan to 800,000 yuan. The loan period is as short as two months and as long as two years. Some customers can enjoy a longer term, and users can choose the repayment time according to their own income to avoid overdue.

Users can choose different repayment methods, such as average capital, matching principal and interest, etc., while some customers support one-time payment of interest on schedule. The loan interest is calculated according to the actual number of days occupied by the loan. After the user handles the loan, if the individual has spare money, he can repay the loan in advance.

The money from ICBC Ronge loan can be used in different aspects, such as car purchase, home improvement, travel and shopping. , but can not be used in the securities market, futures market, real estate market, nor can it be used for private lending. When handling loans, you can use online banking, mobile banking and ICBC e-Life App.

Version information: Take China Industrial and Commercial Bank 7. 1.0.3. 1 version, Apple13 (IOS15.4.1system) and Huawei mate40(HarmonyOS2 system) as examples.