How to pay back the car loan of China Merchants Bank? Remember the key step!

; ? As a well-known joint-stock bank in China, China Merchants Bank has a large number of loyal loan customers. Many people don't know how to repay after applying for a car loan from China Merchants Bank. Today, I will give you a detailed introduction to the repayment method of China Merchants Bank's auto loan.

China Merchants Bank auto loans include personal auto loans and credit card installment loans. Let's take a look at how the two are repaid separately.

Personal car loan

Generally speaking, the auto loans of China Merchants Bank are automatically deducted by the system. After receiving the repayment reminder message from China Merchants, you can deposit the due amount into the bound bank card account. Under normal circumstances, the monthly repayment amount of the equal principal and interest repayment method is the same, while the monthly repayment amount of the average principal repayment method is decreasing.

In addition, everyone can pay off the personal car loan of China Merchants Bank in advance. The specific steps are as follows:

1. Make a request to your account manager and fill in the prepayment application in the bank;

2. Return the remaining principal and pay the corresponding loan penalty;

3. Take the certificate issued by the bank and go to the relevant department to cancel the mortgage.

Credit card installment loan

1. After receiving the automobile loan bill of China Merchants Bank credit card every month, deposit the corresponding cash in the bound bank card;

China Merchants Bank will automatically deduct your deposit on the repayment date.

If the first deduction fails, the balance must be deposited into the designated account before the afternoon of the third natural day after the repayment date 17: 00.

Generally speaking, the auto loan of China Merchants Bank is mainly automatic deduction, and everyone can deposit the corresponding amount into the designated account in time.