When will Shanghai Pudong Development Bank deposit the money on the day of mortgage repayment?

The earlier the repayment date, the better. Under normal circumstances, the money will be deposited in the bank for deduction before the repayment date.

For other loan projects, banks are relatively more cautious about housing loans. Many banks fail to deduct money on the day of mortgage deduction, and the record of failed deduction will be uploaded to the credit report the next day, which has a great impact on personal credit. If it is uploaded to the credit report for several months in a row, the score of the whole credit report will be very low. Many banks send reminder messages in advance to facilitate bookkeeping. The customer deposits the money into the savings card on the repayment date, and the bank will not automatically deduct the money. The bank sets the deduction time as the morning or afternoon after the repayment date, so there is a one-day buffer period and the success rate of deduction is very high.

In order to ensure a good credit report, it is best to repay in advance, and don't wait until the repayment date is near before putting money into the savings card.