How to pay off a Shinhan Finance loan without fees

Shinhan Finance loan settlement what? How is the form of settlement understood in detail and what is the process to do it? Please see the article now Banktop Summarize this content in today's article.

What is Shinhan Finance loan settlement?

Paying off the Shinhan Finance loan means that you will make a one-time payment of the outstanding amount at the unit. After that, you will no longer be bound by the loan or the terms specified at the lender. There will be two forms of settlement: on-time settlement and early settlement

With on-time payment: You will pay in full on each term as the contract has set out and on the last term will pay in full to end the contract.

With early settlement: That is, the term has not yet been reached, but you want to pay off the entire loan. You will still be paid, but you will have to pay an additional penalty fee, which is the fee for breaking the loan contract at the unit.

See more: Shinhan Finance loan lookup

How to settle Shinhan Finance loan simple and fast

Let's find out the information on how to settle the payment Shinhan Finance unsecured loan through the following.

Shinhan Finance loan settlement procedure:

To settle a loan at Shinhan Finance, you need to prepare the following documents and procedures:

With Shinhan Finance loan settlement on time: You prepare your ID/CCCD to complete the procedure.

For early settlement of Shinhan Finance loans: You need a written request for settlement according to SVFC's form to send to Shinhan Finance to confirm the required information.

How to pay Shinhan Finance loan by bank transfer

You can make loan payments to Shinhan Finance unit through fast bank transfer. Here are some banks you can do and are linked with Shinhan Finance:

Bank name	Account number	Branch
Asia Commercial Joint Stock Bank (ACB)	92248559	ACB – Ho Chi Minh Branch
Saigon Thuong Tin Commercial Joint Stock Bank (SACOMBANK)	060108086559	STB – Tan Dinh Branch
Joint Stock Commercial Bank for Foreign Trade of Vietnam (VIETCOMBANK)	0071004468898	VCB – Ho Chi Minh Branch
Vietnam Technological and Commercial Joint Stock Bank (TECHCOMBANK)	10120482878028	TCB – Hanoi Head Office
Vietnam Joint Stock Commercial Bank for Industry and Trade (VIETINBANK)	121000059067	Vietinbank – Thu Thiem Branch
Bank for Agriculture and Rural Development of Vietnam (AGRIBANK)	1700201199427	Agribank – Ho Chi Minh Branch

Beneficiary name information is: Shinhan Vietnam Finance Company Limited.

Content when transferring, you will fill in information: HD SO – HO TEN CHU HOP DONG LOAN

Instructions for payment of loans Shihan Finance

Instructions for payment of Shihan Finance loans at ATMs

To make loan payments at Shinhan Finance through an ATM, you should know that Shinhan Finance currently only connects with 2 banks, Vietcombank and Techcombank, through the ATM system. If you make a transaction at an ATM outside these 2 banks, it will not be supported.

To make payment transactions at Vietcombank ATMs, you do the following:

Step 1: On the ATM screen, you choose "Insurance & Financial Services" and select the number 5 as "SHINHAN TC".

Step 2: Select TT_HD_TinDung and enter your loan contract number at Shinhan Finance with the payment amount.

Step 3: Confirm to complete the payment.

To make payment transactions at Techcombank ATMs, you do the following:

Step 1: On the ATM screen, select "Bill payment" and select Credit => Shinhan Financial Loan.

Step 2: Enter the contract code of the loan, press Don and continue to enter the amount to be paid.

Step 3: Confirm to complete the payment.

How to pay Shinhan loan via e-wallet

Shinhan Finance also has links with many major e-wallets like Momo. Zalopay, Payoo, VietteLPay. So, you can choose and use 1 of these wallets to make loan payments at Shinhan Finance.

How to do to pay Shinhan Finance loan via e-wallet as follows:

Step 1: Download and log in to the e-wallet you want to use.

Step 2: At the homepage, select the Consumer loan payment section and select the financial unit Shinhan Finance.

Step 3: Provide information upon request such as loan contract number, ID card/CCCD to look up loan payable information.

Step 4: Check the payment content and confirm to complete the transaction.

Pay off Shinhan Finance loans directly in cash

The last way, to pay off a Shinhan Finance loan directly through cash, you can go to affiliated locations and transaction offices and be accepted for payment by Shinhan Finance such as:

Branches and transaction offices of banks such as Sacombank, Techcombank, BIDV, Agribank, ACB, Vietcombank.

Collection locations such as VinMart, GS25, FPT Shop, Circle K, Ministop, etc.

Places like green department store, mobile world, green electronics.

Post offices nationwide.

Is there a fee for Shinhan Finance loan settlement?

With the form of payment of loan documents on time, you will not have to pay any fees at Shinhan Finance. After the payment and completion of the last term, the customer will bring the documents to confirm and complete the loan.

With the form of early settlement of loan documents, this will violate the terms of the contract and affect Shinhan Finance financial company. Therefore, you will have to pay an additional penalty fee according to the provisions of the contract and the paperwork for finalization will also take more time.

When should Shinhan Finance loan be paid off before maturity?

You can pay off the loan early if you have financial conditions and want to end the loan early without increasing interest rates. However, before doing so, you should check if the early payment is due, the penalty fee is higher than the interest rate you have to pay at the end of the loan or not to make the right choice.

Conclusion

Thus, through the article of Banktop Can you tell the difference? Shinhan Finance loan settlement What's the difference between early and on time, whether there is a fee or not. If you are taking a loan at Shinhan Finance, you should also pay attention to the terms when you want to pay off the loan early.

The article was edited by: Banktop.vn