1. If the cardholder chooses the method of "repayment at any time" when applying for "e-loan", after the successful application, he will not enjoy the interest-free repayment period, and the daily interest rate will not exceed 0.05%, and the monthly statement will be compounded with interest, and no additional handling fee will be charged.

2. If "installment repayment" is selected:

(1) After the application is successful, you need to pay a certain handling fee, which will be collected in installments, and the handling fee for each installment = total amount in installments × handling fee rate;

(2) The monthly rate shall not exceed 0.95%, and the repayment amount of each installment and the cardholder's current handling fee shall be included in the credit card bill of this installment without additional interest.

Extended data:

Study on the billing date and repayment method of electronic loan of China Merchants Bank;

1, e After the successful loan application, the billing date and repayment date of the credit card in my name are the same.

2.e loan is an independent account. When making repayment, you need to designate an e-loan account separately for repayment.

3. The supported repayment channels are Pocket Life, Mobile Banking and Online Banking.

4. If the application is successful, China Merchants Bank will report the credit information with a separate credit account, and the system will be reversed.

5 overdue repayment, according to the loans overdue report. Once you apply, don't overdue.

References:

Phoenix Net-Bank Credit Loan-Is China Merchants Bank's e-loan a pit? Say 6 o'clock.