How to repay the loan in advance

In my interface, select the check and repayment. In the check and repayment interface, the repayment bill will appear. Be careful to match it with yours. Clear credit card bills, select e-Zhao Loan account, select repayment, enter the repayment interface of e-Zhao Loan, confirm the repayment amount of the period, check the box to agree, select confirm repayment, and then enter the final repayment interface , for the payment account, choose the repayment account you have prepared.

Early repayment means that the borrower applies to the bank for early repayment of his/her loan part, and guarantees that the loan in the previous month has not been overdue and that the loan of the current month is repaid; the loan part is repaid in one go according to the date specified by the bank. or partially paid off. Prepayment of a loan is generally divided into two methods: partial repayment of the loan in advance and full repayment of the loan in advance. Depending on the repayment method, the borrower can choose a reduced mortgage term or a reduced mortgage amount. It is understood that most banks currently provide five ways to repay loans in advance for customers to choose from. The first type is full early repayment, that is, the customer pays off the entire remaining loan at once. (There is no need to repay interest, but the interest paid will not be refunded); the second type, partial early repayment, the remaining monthly repayment amount of the loan remains unchanged, and the repayment period is shortened. The third type, partial early repayment, The remaining loan will have the monthly payment reduced, keeping the repayment term the same. The fourth type, partial prepayment, will reduce the monthly repayment amount of the remaining loan and shorten the repayment period. The fifth way is to keep the total principal of the remaining loan unchanged and only shorten the repayment period. (The monthly payment is increased and part of the interest is reduced, but it is relatively uneconomical.) Financial experts suggest that by repaying early, the principal should be reduced as much as possible and the loan period should be shortened so that less interest is paid.

The loan institution has confirmed After that, if part of the housing loan is repaid in advance, it will be recalculated according to the interest calculation and loan repayment method specified in the original loan contract and the calculation principle of "interest first, then principal, equal monthly reduction, shortening the repayment period" After repaying part of the loan in advance, the loan balance and final repayment period will be reprinted, and the "Monthly Capital Repayment Interest Table" will be reprinted, and the "Loan Change Contract" will be re-signed with the borrower. Loan interest rates decrease as the principal continues to decrease. So, how can you pay less interest? One way is to choose the equal principal repayment method before taking out a loan. Since the "equal principal repayment method" requires more principal to be repaid in the early stage, when you repay the loan early, the loss in interest will be small. Can China Merchants Bank e-loans be repaid in one installment?

Yes, e-loans have two methods: repayment at any time and installments. Different repayment methods are different, as follows:

1. Repayment at any time: This repayment method does not require payment of handling fees, but if interest is charged, the interest will be calculated on a daily basis from the transaction date. As for the interest rate standard, the system will implement the evaluation and compound interest will be calculated on a monthly basis. .

2. Installment repayment: This repayment method can enjoy the interest-free period, but there is a handling fee. The handling fee standard for each period is evaluated by the system in real time, and the installment principal and handling fee are included in the next installment's bill< /p>

The repayment method of e-Zhao Loan is different from that of China Merchants Bank Credit Card. Because it is billed separately, the repayment must be made through the designated e-Zhao Loan account. The repayment path is as follows:

After logging in to mobile banking, select "My → All → Credit Cards → Cash Credit → E Loan → Immediate Repayment".

After logging in to Palm Life, select "Card. Finance → E Loan → Quick Repayment".

Log in to the public or professional version of online banking and select "Credit Card → Installment Management → E Loan → E Loan Application → Quick Repayment".

Expand knowledge:

China Merchants Bank was established in Shekou, Shenzhen in 1987. It is the first joint-stock commercial bank in China that is completely owned by corporate legal persons. The fifth largest bank in the Mainland by market capitalization and one of the Eight Banks and Five Guarantees for Chinese financial stocks in Hong Kong.

The head office of China Merchants Bank is located in Futian District, Shenzhen City. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange. On September 8, 2006, China Merchants Bank began a public offering in Hong Kong, issuing approximately 2.2 billion H shares, raising HK$20 billion, and was listed on the Hong Kong Stock Exchange on September 22. Net capital exceeds 290 billion and total assets exceed 4.4 trillion.

As of the first half of 2017, China Merchants Bank has more than 1,800 domestic and overseas branches, has established service outlets in more than 130 cities in mainland China, has 5 overseas branches and 3 overseas representative offices, and has 7 employees. More than 10,000 people. In addition, China Merchants Bank also wholly owns China Merchants Bank Financial Leasing Co., Ltd., holds a controlling stake in China Merchants Fund Management Co., Ltd., holds 50% of the equity of China Merchants Cigna Life Insurance Co., Ltd., and 50% of the equity of China Merchants United Consumer Finance Company; it is wholly owned in Hong Kong Controls Wing Lung Bank Co., Ltd. and CMB International Financial Holdings Co., Ltd.

China Merchants Bank’s development goal is to become China’s leading retail bank. The all-in-one bank card was launched in July 1995, and China's first online banking all-in-one was launched in September 1999. It has become a widely used online payment tool for many enterprises and e-commerce websites, and has promoted the development of China's e-commerce to a certain extent.

On April 2, 2015, China Merchants Group Co., Ltd. planned a major event. In order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company’s stock price, upon the company’s application, the company’s stock price has been suspended since 2015. Trading will be suspended from the opening of the market on April 3.

?In August 2016, China Merchants Bank ranked 39th among the "Top 500 Chinese Enterprises 2016". ?The 2016 Fortune 500 list was officially released. China Merchants Bank has been on the list for five consecutive years, ranking 189th.

How to repay the e-loan in advance on Baidu Encyclopedia of China Merchants Bank?

The e-loan can be repaid in advance. Users can find the e-loan in personal loans in the China Merchants Bank App. Take a loan, then click Repay to make the repayment. However, when repaying in advance, you are required to pay off all installment fees and unpaid principal in one go, and no fees will be reduced. If you choose the borrow-and-pay-as-you-go method, you can repay at any time and there are no other fees.

The methods for early repayment of eZhao loans are:

1. Apply for early repayment in the personal account of China Merchants Bank’s online banking. After logging in to your account, select “ Repayment option.

2. Download China Merchants Bank’s mobile app to repay e-loans in advance. After logging in to your account, click the “Account Check and Repayment” button in the personal center. After opening, make advance payments in this interface. Repayment.

3. Dial China Merchants Bank’s customer service hotline 95555 to apply for early repayment, and follow the instructions of the manual customer service on the phone.

Operating environment:

Brand model: iPhone13

System version: iOS15.0

App version: 8.0.16

e Zhaodai is a cash loan product provided by China Merchants Bank to users. It is a short-term cash credit business with daily interest calculated by China Merchants Bank for eligible credit card holders. After the application is successful, the money will be transferred to the cardholder's valid all-in-one card account opened with China Merchants Bank or a debit card from another bank supported by China Merchants Bank (the account opening certificate must be consistent with the account opening certificate of our credit card).

This amount cannot be used for investment, such as house purchase, stocks, futures and other equity investments, etc. It can only be used for consumption, such as decoration, home appliances, weddings, car purchases, student aid, tourism, medical treatment, etc. .

"E Zhaodai" has independent bills, and the bill date is consistent with the personal credit card bill date. The interest accrued in each billing cycle will be included in the "recurring interest" of the current bill. When repaying the loan, you need to make separate repayments to the "E-Zhao Loan" account.

The timely repayment of China Merchants Bank's e-loan loan is improved for the fixed amount. Its usage features are:

1. Flash loan: no materials, no mortgage, online Apply, complete the application in as fast as 30 seconds;?

2. Exclusive quota: independent e-loan account, exclusive cash quota, up to 30W can be borrowed, separate accounts, separate repayments;

3. When applying for the first assessment, the People's Bank of China interface will be called (which means the credit report will be checked). If the application is successful, a new account will be added, and the loan will be credited to the debit card at once (supports multiple banks);?

< p>4. Interest is calculated on a daily basis: the daily interest rate is 0.05% (the daily interest rate during the promotion period is 0.04%). The e-loan can be paid off at any time and has no impact on the personal account;

5. Flexible repayment: every You only need to pay the minimum amount each month, and the minimum payment amount is calculated based on 10% of the total amount owed on the billing date. Application process of Palm Life: Log in to Palm Life APP, select "Card.Payment" → e-Zhao Loan, and you can try to apply. The system will give the review results in real time. Can e-Zhao Loan be settled in advance?

e-Zhao Loan It is a cash credit service provided by China Merchants Bank to eligible credit card holders. There are two loan methods for e-Zhaodai, one is repayment in installments, and the other is borrowing and repaying at any time, regardless of which loan method it is. All can be settled in advance.

There are three ways to settle e-loan in advance:

1. Mobile banking: After logging in to mobile banking, select My-All-Credit Cards-e-loan-Repay Immediately

2. Palm Life: After logging in to Palm Life, select Card Payment-e Loan-Quick Repayment;

3. Online Banking: Log in to the public version or professional version, log in From now on, choose credit card - installment financing - e-loan - e-loan application - quick repayment.