With increasing competition in the bank credit market, banks have introduced many promotional policies to attract customers. Among them, the housing policy of the building bank has received considerable attention. Many were concerned about the issue of deductions, particularly when the construction bank had repaid the mortgage two times. This issue is more relevant and analysed in terms of policy interpretation, bank deduction rules, client advocacy, etc。

Two mortgage deductions

First, under the terms of the construction of the bank, if there is a genuine need for a two-part operation, the first deduction would be approximately three days after the repayment date, and the second would be on the last repayment date of the month. It needs to be noted, however, that such two deductions are premised on the fact that two deductions are permitted only if the customer has agreed in advance on the repayment. If the customer does not agree in advance with the bank on two instalments, the bank will deduct the full amount on the monthly repayment date。

The client is then reminded that the construction bank must agree in advance with the bank on the two deductions and that if the customer forgets the agreement or fails to do so in a timely manner, the bank will acquiesce in the deduction being made in full. If the bank has problems with the deduction, it is recommended to contact the bank in a timely manner and, if this is not possible, to apply for complaints or seek legal assistance。

IN THE CASE OF BANK DEDUCTIONS, IN ADDITION TO THE TIMELY AGREEMENT OF REPAYMENT, THE CLIENT MAY ALSO CONSULT HIS OR HER REPAYMENT PLAN THROUGH THE ESTABLISHMENT OF AN AP, AN ONLINE BANK OR A COUNTER, SO AS TO KNOW THE EXACT AMOUNT AND DATE OF REPAYMENT IN A TIMELY MANNER. IF A DEDUCTION ERROR OR A REPAYMENT PROBLEM IS FOUND, IT IS RECOMMENDED THAT THE BANK BE CONTACTED IN A TIMELY MANNER AND THAT THE RELEVANT DOCUMENTS BE RETAINED. IF THE BANK IS UNABLE TO DO SO, IT CAN DEFEND ITS RIGHTS THROUGH INSTITUTIONS SUCH AS BANKING ASSOCIATIONS, CONSUMER ASSOCIATIONS, ETC。

Finally, it should be emphasized that clients are required to comply with the relevant agreements and regulations when repaying their loans, and that failure to pay on time results in associated costs such as default payments. Therefore, clients need to plan their finances rationally, comply with contractual agreements and focus on credit records。

In any event, the construction of a bank to repay the loan for two deductions was the result of prior agreement and consultation between the client and the bank. Clients need to follow repayment plans in a timely manner and choose the appropriate repayment modality according to their own circumstances. If problems are encountered in the repayment process, the bank is contacted in a timely manner to defend its interests。